5 thoughts on “Does the Rural Commercial Bank refer to the Agricultural Bank?”

  1. Not
    The rural commercial banks, referred to as: Rural Bank, is a local financial institution composed of a joint -stock system composed of farmers, rural industrial and commercial households, corporate legal persons and other economic organizations.
    Rural cooperative banks should be restructured to rural commercial banks. Jiang Liming, director of the Supervision Department of the China Banking Regulatory Commission Cooperation Financial Institution, said that it will no longer form a new rural cooperative bank, and rural cooperative banks must be restructured to rural commercial banks.
    Bank of China (ABC, Agricultural Bank) was established in 1951. The head office is located at No. 69, Jianguo, Jianguo Gate, Beijing. It is a large state -owned bank managed by the central government and a national deputy ministry -level unit.
    China Agricultural Bank of China is an important part of the Chinese financial system. It provides various company banks and retail banks products and services. At the same time, financial market business and asset management business is carried out. The business scope also covers investment banks, fund management, financial leasing , Life Insurance and other fields.
    Pucting information:
    The national rural credit cooperative qualification shares have dropped to less than 30%, about 303 rural commercial banks have been established, about 210 rural cooperative banks have been established, and the total assets of rural banking institutions account for 41.4%of cooperative financial institutions. In addition, there are 1,424 rural credit cooperatives that have met or basically reached the establishment of rural commercial banks.
    The Agricultural Bank of China passed the country's 24,064 branches, 30089 automatic tellers, and 1,171 overseas agents all over the world. With the most widely covered outlet network system and leading information technology advantages, it exceeded 35 million around the world. Ten million customers provide convenient, efficient and high -quality financial services.
    Reference materials Source:
    Baidu Encyclopedia-Rural Commercial Bank
    Baidu Encyclopedia-Agricultural Bank of China

  2. no.
    Rural commercial banks abbreviated: Rural Commercial Bank is a local financial institution composed of a joint -stock system composed of farmers, rural industrial and commercial households, corporate legal persons and other economic organizations.
    The agricultural bank generally refers to the Agricultural Bank of China. It was established in 1951. The head office is located at No. 69, Jianguo, Jianguo Gate, Beijing. It is a large state -owned bank managed by the central government and a national deputy ministry -level unit. Agricultural Bank of China is an important part of the Chinese financial system. It provides various company banks and retail bank products and services. At the same time, financial market business and asset management business is carried out. The scope of business also covers investment banking, fund management, financial leasing, life insurance, etc. field.

    The expansion information:
    The agricultural bank outlets all over China and rural areas, becoming a large -scale modern commercial bank with the largest number of Chinese outlets and the widest business radiation range. China Agricultural Bank of China has developed from the initial agricultural credit and settlement business to a complete variety, a combination of domestic and foreign currencies, and can handle various international and domestic financial businesses.
    mainly includes: deposit services, comprehensive loan services, foreign exchange wealth management, RMB wealth management, valet overseas financial management, bank card, remittance and foreign exchange settlement, lease box lease, payment services, and paid services.
    The financial services, electronic banking services, private banking, financing business, domestic payment settlement, international settlement, fund -related businesses, corporate financial services, financial institution services. At the same time, various company banks and retail banks products and services are also available and carried out self -employment and valet funds. The business scope also covers investment banking, fund management, financial leasing, life insurance and other fields.
    Reference materials: Baidu Encyclopedia-Agricultural Bank of China

  3. The Rural Commercial Bank does not refer to the Agricultural Bank and belongs to two different banks.
    The Rural Bank is a local financial institution composed of a joint -stock system composed of farmers, rural industrial and commercial households, corporate legal persons and other economic organizations within its jurisdiction.
    Bank of China (ABC, Agricultural Bank) is one of the five major banks in China and one of the five largest banks in China. It was originally established in 1951 (Xin Yinian). It is the first state -owned commercial bank established by New China and an important part of the Chinese financial system. The head office is located in Beijing. For several years, China Agricultural Bank of China has been ranked among the top 500 companies in the world, ranking among the top 7 in the "Global Top 1,000". Moody's credit rating is A1. In 2009, China Agricultural Bank of China was restructured from a wholly state -owned commercial bank to modernization to modernization. The joint -stock commercial bank has completed the listing of "A H" in 2010. The total market value ranks fifth in the global listed bank.

  4. It is the abbreviation of the Bank of China Co., Ltd., that is, the Agricultural Bank of China.
    Rural commercial banks are the abbreviation of rural commercial banks.
    This are not affiliated with each other.
    The Agricultural Bank of China is a large listed bank in China and one of the five major banks in China. Established in 1951, it was the first state -owned commercial bank established by New China. It is an important part of the Chinese financial system. Its headquarters is located in Beijing. The Agricultural Bank of China has ranked among the top 500 companies in the world for several years, ranking among the top 7 of the "Global Fortune 1,000", and Moody's credit rating is A1. In 2009, the Agricultural Bank of China transformed from a wholly state -owned commercial bank to a modern joint -stock commercial bank. In 2010, the "A H" dual listing was completed, and the total market value ranked fifth among the global banks. In 2015, it ranked 23rd among the top 500 Chinese brands sponsored by the China Brand Value Research Institute.
    2015 Cumulative cross -border people's currency for a total of nearly 2 trillion yuan, of which the "Hong Kong Stock Connect" cross -border RMB settlement volume was 23.9 billion yuan. Provide a number of overseas bond markets and RQFII custody services for multiple overseas institutions. On July 20, 2016, "Fortune" released the latest list of the world's top 500, and the Agricultural Bank of China ranked 29th. In August, the Agricultural Bank of China ranked 7th in the top 500 Chinese enterprises in 2016.
    Printer commercial banks are local financial institutions composed of farmers, rural industrial and commercial households, corporate legal persons, and other economic organizations under their jurisdiction, and are converted from rural credit cooperatives.
    Jiang Liming, director of the Supervision Department of the Banking Regulatory Commission Cooperation Financial Institution, said that no new rural cooperative banks will no longer be set up, and rural cooperative banks will be restructured to rural commercial banks. Cancel all qualifications and encourage qualified rural credit cooperatives to be restructured into rural commercial banks. Under the premise of maintaining the status of the county (city) legal person, it has steadily promoted the reform of the Provincial Party of China, and gradually established a new relationship between the Provincial Federation of the Provincial Federation with property rights as the link, equity as the link, and regulatory provincial party. Community of interests of social and grass -roots legal entities.
    The qualified shares of China Rural Credit Cooperation have fallen below 30%, and about 303 rural commercial banks and 210 rural cooperative banks have been established. The total assets of village banking institutions account for 41.4%of rural cooperative financial institutions across the country. In addition, 1,424 rural credit cooperatives have met or basically meet the conditions for the establishment of rural commercial banks. Through reforms, the governance model of the rural credit cooperatives has undergone fundamental changes, and the long -term inside people control problems have been effectively solved. The institution itself has formed an endogenous motivation for further promoting the reform of the deep system and mechanism.

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