It will affect the loan approval amount, and it will also have a negative impact on the current loan approval.

Rural commercial banks are joint-stock local financial institutions reformed from rural cooperative banks. It is composed of farmers, enterprise legal persons, rural industrial and commercial households and other economic organizations, and is qualified as a joint-stock commercial bank.

Rural commercial banks have always been committed to serving agriculture, countryside and farmers and serving counties, which 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.