Rural commercial banks are local and regional financial institutions, whose predecessor is credit cooperatives, which were reformed through joint ventures and cooperation.
Rural commercial banks are composed of farmers, rural industrial and commercial households, enterprise legal persons and other economic organizations, and their qualifications are joint-stock commercial banks. In areas with relatively developed economy and high degree of urban-rural integration, the concept of "agriculture, rural areas and farmers" has changed greatly, and the proportion of agriculture is very low, some of which only account for less than 5%. Although the status of farmers served by credit cooperatives has not changed, most of them are no longer engaged in agricultural production and labor based on traditional farming, and there are fewer requirements for supporting agriculture services. Credit cooperatives have actually implemented commercial operations. Credit cooperatives in these areas have carried out shareholding system reform and established rural commercial banks.
Rural commercial banks have been committed to serving agriculture, rural areas and counties, and can effectively meet the various loan needs of urban and rural residents, including micro-credit loans for farmers, joint guarantee loans for farmers, mortgage loans for forest rights, loans for home appliances to the countryside, and overseas labor services loans. Rural commercial banks are formal banks, but they are not state-owned banks. Because rural commercial banks are generally regarded as the management of state-owned enterprises, there are no policies and regulations to define them as state-owned enterprises or clarify their ownership nature. State-owned enterprises can be understood as royal enterprises, central enterprises as enterprises directly under the emperor, private enterprises as people's enterprises and rural commercial banks as local government enterprises.
The full name of rural commercial bank is rural commercial bank, which is a joint-stock local financial institution composed of farmers, rural industrial and commercial households, enterprise legal persons and other economic organizations. At present, there are 385 rural commercial banks in China, which are joint-stock commercial banks and formal banks. There's no need to worry about putting money in. Rural commercial banks have a bank deposit guarantee system to protect everyone's interests and basically won't lose their principal.
Generally speaking, rural commercial banks are all evolved from rural credit cooperatives. When the capital adequacy ratio and non-performing loan ratio of rural credit cooperatives reach a certain standard, they can apply for transformation into rural commercial banks. Compared with credit cooperatives, rural commercial banks have changed the property right system from cooperative system to joint-stock system, and the ownership structure and corporate governance structure are more reasonable, and shareholders' right to speak is enhanced; The supervision standard of rural commercial banks is higher than that of credit cooperatives, which is conducive to the steady and sustainable development of rural commercial banks.
At present, all banking financial institutions in China are managed by the People's Bank of China and the Banking Regulatory Bureau, and rural commercial banks are no exception. Of course, they are managed by the People's Bank of China, the China Banking Regulatory Commission and their local regulatory branches.
By the way, are rural commercial banks safe? In addition to deposits, rural commercial banks also have wealth management products. Deposits are protected by the bank deposit guarantee system, and there is basically no loss, and the principal and interest are guaranteed within 500,000. There is no need to worry about this. It should be noted that other wealth management products of banks have certain financial risks. After all, not all of them are guaranteed capital and interest products. Different wealth management products have different risk levels, generally including R 1, R2, R3, R4 and R5. The higher the number, the higher the risk level. R 1 belongs to low-risk wealth management products, while R2 belongs to medium-risk wealth management products. The smaller the risk, the higher the security, but the higher the income. Generally speaking, investment income is related to financial risk, and financial income with high risk will be higher. When purchasing financial products, users are advised to choose according to their risk tolerance.
1. Rural commercial bank is the abbreviation of rural commercial bank. Rural commercial banks are banks sponsored by local governments, which mainly serve economic development. Rural commercial banks are local and regional financial institutions, whose predecessor is credit cooperatives, which were reformed through joint ventures and cooperation.
Rural commercial banks are composed of farmers, rural industrial and commercial households, enterprise legal persons and other economic organizations, and their qualifications are joint-stock commercial banks. In areas with relatively developed economy and high degree of urban-rural integration, the concept of "agriculture, rural areas and farmers" has changed greatly, and the proportion of agriculture is very low, some of which only account for less than 5%. Although the status of farmers served by credit cooperatives has not changed, most of them are no longer engaged in agricultural production and labor based on traditional farming, and there are fewer requirements for supporting agriculture services. Credit cooperatives have actually implemented commercial operations. Credit cooperatives in these areas have carried out shareholding system reform and established rural commercial banks.
Rural commercial banks have been committed to serving agriculture, rural areas and counties, and can effectively meet the various loan needs of urban and rural residents, including micro-credit loans for farmers, joint guarantee loans for farmers, mortgage loans for forest rights, loans for home appliances to the countryside, and overseas labor services loans. Rural commercial banks are formal banks, but they are not state-owned banks. Because rural commercial banks are generally regarded as the management of state-owned enterprises, there are no policies and regulations to define them as state-owned enterprises or clarify their ownership nature. State-owned enterprises can be understood as royal enterprises, central enterprises as enterprises directly under the emperor, private enterprises as people's enterprises and rural commercial banks as local government enterprises.
The full name of rural commercial bank is rural commercial bank, which is a joint-stock local financial institution composed of farmers, rural industrial and commercial households, enterprise legal persons and other economic organizations. At present, there are 385 rural commercial banks in China, which are joint-stock commercial banks and formal banks. There's no need to worry about putting money in. Rural commercial banks have a bank deposit guarantee system to protect everyone's interests and basically won't lose their principal.
Generally speaking, rural commercial banks are all evolved from rural credit cooperatives. When the capital adequacy ratio and non-performing loan ratio of rural credit cooperatives reach a certain standard, they can apply for transformation into rural commercial banks. Compared with credit cooperatives, rural commercial banks have changed the property right system from cooperative system to joint-stock system, and the ownership structure and corporate governance structure are more reasonable, and shareholders' right to speak is enhanced; The supervision standard of rural commercial banks is higher than that of credit cooperatives, which is conducive to the steady and sustainable development of rural commercial banks.
At present, all banking financial institutions in China are managed by the People's Bank of China and the Banking Regulatory Bureau, and rural commercial banks are no exception. Of course, they are managed by the People's Bank of China, the China Banking Regulatory Commission and their local regulatory branches.
By the way, are rural commercial banks safe? In addition to deposits, rural commercial banks also have wealth management products. Deposits are protected by the bank deposit guarantee system, and there is basically no loss, and the principal and interest are guaranteed within 500,000. There is no need to worry about this. It should be noted that other wealth management products of banks have certain financial risks. After all, not all of them are guaranteed capital and interest products. Different wealth management products have different risk levels, generally including R 1, R2, R3, R4 and R5. The higher the number, the higher the risk level. R 1 belongs to low-risk wealth management products, while R2 belongs to medium-risk wealth management products. The smaller the risk, the higher the security, but the higher the income.