Is it better for township banks to lend money than the four major banks?
Yes, village bank loans are relatively easy to pass the examination and approval. As long as the applicants meet their relevant conditions, they are all well approved. Whether they can pass the examination and approval depends mainly on the application conditions of users. Village bank refers to the establishment of domestic and foreign financial institutions, domestic non-financial institutions, corporate legal persons and domestic natural persons with the approval of China Banking Insurance Regulatory Commission in accordance with relevant laws and regulations.