Has the rural commercial bank merged with the rural credit cooperative?

Instead of merging, all rural cooperative banks should be restructured into rural commercial banks. The proportion of qualified shares of rural credit cooperatives nationwide has dropped to less than 30 percent, about 303 rural commercial banks and about 210 rural cooperative banks have been established, and the total assets of rural banking institutions account for the total assets of rural cooperative financial institutions in the country.

Rural credit cooperatives are independent enterprise legal persons, which are liable for the debts of rural credit cooperatives with all their assets and enjoy civil rights in accordance with the law. Their property, legitimate rights and interests, and business activities carried out in accordance with the law of the state are protected by the laws of the state. Its main task is to raise idle funds in rural areas and to provide financial services for agriculture, farmers and rural economic development.

Rural Credit Cooperatives,Not a rural commercial bank. The Rural Commercial Bank was restructured from the Rural Credit Cooperatives.

However, a considerable number of rural credit cooperatives have not yet been restructured.

No, look at their definition:

1. Rural credit cooperatives: refers to rural cooperative financial institutions established with the approval of the People's Bank of China, composed of members' shares, practicing democratic management, and mainly providing financial services to members.

2. Rural commercial banks: are joint-stock local financial institutions composed of farmers, rural industrial and commercial households, enterprise legal persons and other economic organizations within their jurisdiction.

3. Rural cooperative banks: Joint-stock cooperative community financial institutions composed of farmers, rural industrial and commercial households, enterprise legal persons and other economic organizations within its jurisdiction. The main task is to provide financial services to farmers, agriculture and rural economic development.

To put it simply, rural credit cooperatives are the primary version, rural commercial banks are intermediate versions, and advanced versions are urban commercial banks and national banks.

Don't worry, you can transfer money.

After the shareholding reform, the rural credit cooperatives are rural commercial banks!

You're right.

However, regardless of whether they participate in the Rural Credit Bank Clearing Center or not, they can transfer money, because they originally used the People's Bank of China's large and small amount system, and the Rural Credit Bank Clearing Center only has lower fees than the previous one, and there is no question of whether they can transfer money.

In the past, it was called rural credit cooperatives, but now it is generally called rural commercial banks, and generally a province is united and managed by region.

The predecessor of the Rural Commercial Bank was the Rural Credit Cooperative, including the Rural Cooperative Bank, which was also the predecessor of the Rural Credit Cooperative, so it can be said that they are still a system. Rural credit cooperatives can remit money to any rural commercial bank, whether it is within or outside the province, and hope to help you.

Strictly speaking, a rural commercial bank is not a rural credit cooperative, and there is a big difference between the two. However, there is a connection between the two, and the rural commercial bank is a rural credit cooperative.

If you want to send money, you can send money in one province, but you can't go to other provinces.

For rural commercial banks, it is an upgraded version of rural credit cooperatives!

Summary. Rural credit cooperatives merged with rural commercial banks. Rural credit cooperatives may apply to be changed to rural commercial banks if their indicators meet the standards, but in some localities, rural credit cooperatives have not changed and are still credit cooperatives.

The China Banking Regulatory Commission (CBRC) encourages eligible rural credit cooperatives to be restructured and established as rural commercial banks, but not all rural credit cooperatives have been converted into rural commercial banks. Only when the standards are met and the requirements are met can the change to a rural commercial bank be approved.

Rural credit cooperatives merged with rural commercial banks. Rural credit cooperatives that meet the standards can apply to be changed to rural commercial banks, and in some places, rural credit cooperatives are still Qinchang credit cooperatives. The China Banking Regulatory Commission encourages qualified rural credit cooperatives to be restructured and established as rural commercial banks.

Only when the standards are met and the requirements are met can the change to a rural commercial bank be approved.

There is no such thing as a merger between credit unions and rural commercial banks. Credit cooperatives and rural commercial banks were originally a system, and rural commercial banks were restructured from credit cooperatives. The main difference between rural credit cooperatives and rural commercial banks is the enterprise nature of the two.

<> "Rural Credit Cooperatives Have Been Changed to Rural Commercial Banks."

Have all rural credit cooperatives been transformed into rural commercial banks?

No, the scale of rural credit cooperatives in some economically developed areas has reached a certain level, which is equivalent to the scale of local small commercial banks, and can be changed to rural Shangsong Hongye Bank after approval by the CBRC.

Rural credit cooperatives, rural cooperative banks, and rural commercial banks are the three forms of rural financial institutions in China, and they can be said to be the three stages of transformation into banks.

Rural credit cooperatives are rural financial institutions that initially served agricultural production and rural development, and rural cooperative banks and rural commercial banks are the products of the reform of the rural financial system and are born to meet the financial needs of economically developed rural areas.