Regulations on the Administration of Rural Credit Cooperatives Chao an County

The State Taxation Bureaus of all provinces, autonomous regions, municipalities directly under the Central Government and cities with separate planning status, branches and business management departments of the People's Bank of China, cooperative financial supervision offices and credit cooperative management offices of sub-branches in provincial capitals (capitals).

The "Implementation Measures for the Financial Management of Nongjian Zhaocun Credit Cooperatives" is now issued to you, please conscientiously implement it in combination with the actual local situation, and report the relevant situations and problems in the implementation and the time of renting limbs.

General Administration of Taxation. People's Bank of China.

All of them. As early as the 50s, the branches of the People's Bank of China in rural areas were changed to rural credit cooperatives. The purpose of rural credit cooperatives is that "farmers help each other in terms of funds", that is, farmers form credit cooperatives, and members contribute money to form capital, and members can borrow money with money.

However, this credit cooperative has never been formed voluntarily by farmers, but is run by the government. In the beginning, most of the credit unions contributed money from the state, and only a small part of the capital was contributed by farmers. Over the past 50 years, the structure of credit cooperatives has changed an unknown number of times, but the "government-run" system has been consistent.

Around 2004, the central bank and local ** took out a large amount of money (the central bank took 165 billion yuan) to pay for the shortfall of credit cooperatives. Therefore, the property rights of the credit union are not ambiguous, and its owner is **.

Caretaker. The relationship between a credit union and a single credit union is equivalent to the relationship between the head office and its sub-branches. There was a county association in a county, and at first the county association was under the management of the Agricultural Bank; After 1996, it was placed under the management of the People's Bank of China; After 1999, the People's Bank of China gradually established prefectural (city) associations, and county associations were placed under the management of prefectural (city) associations. After 2003, the People's Bank of China withdrew, abolished the prefectural (city) cooperatives, and handed over the management of rural credit cooperatives to the provincial government.

From an economic and legal point of view, each county association is equivalent to an independent bank (enterprise), and the actual owner is the provincial **, and the county association in the province jointly invested in the formation of the provincial association, so the provincial association is actually the "son" of the county association; From an administrative point of view, each county association is an administrative department that manages credit cooperatives, and the provincial association is the highest administrative department, so the provincial association is the "old son" of the county association. Because of the higher administrative status of the hand movement, the provincial association has become the actual manager of the county association economically.

I'm wondering if I've drunk too much on the second floor.

Eligible rural credit cooperatives were restructured and established as rural commercial banks.

The director of the supervision department of cooperative financial institutions of the China Banking Regulatory Commission said that in the future, no new rural cooperative banks will be established, and all existing rural cooperative banks will be restructured into rural commercial banks. Completely abolish the qualification unit, and encourage eligible rural credit cooperatives to be restructured and established into rural commercial banks.

On the premise of maintaining the overall stability of the status of county (city) legal persons, we should steadily promote the reform of provincial associations, and gradually build a new type of relationship between provincial associations and grassroots legal persons with property rights as the link, equity as the link, and regulations as constraints, so as to truly form a community of interests between the provincial associations and the grassroots legal persons.

Since 2010, the China Banking Regulatory Commission (CBRC) has successively formulated and implemented relevant systems and measures to promote the transformation of qualified shares into investment shares, support the establishment of rural commercial banks or joint-stock rural credit cooperatives, and guide rural credit cooperatives to introduce new high-quality qualified shareholders, optimize the property rights structure, and improve corporate governance.

At present, the proportion of qualified shares of rural credit cooperatives nationwide has dropped to less than 30 percent, 155 rural commercial banks and 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 nationwide. In addition, 1,424 rural credit cooperatives have met or basically met the conditions for the establishment of rural commercial banks.

Through the reform, the governance model of rural credit cooperatives has undergone fundamental changes, the long-standing problem of insider control has been effectively solved, and the institutions themselves have formed an endogenous driving force to further promote the reform of the deep-seated system and mechanism.

Rural credit cooperatives were transformed into rural commercial banks.

Rural Commercial Bank, referred to as Rural Commercial Bank, is a joint-stock local financial institution composed of farmers, rural industrial and commercial households, enterprise legal persons and other economic organizations within its jurisdiction. In the economically developed areas, the degree of urban-rural integration is relatively high, the concept of "three rural" has undergone great changes, the proportion of agriculture is very low, some only account for less than 5 percent, as the credit cooperatives service objects of the peasants, although the identity has not changed, but most of them are no longer engaged in traditional planting, breeding and farming-based agricultural production and labor, the requirements for agricultural support services are less, and the credit cooperatives have actually implemented commercial operations. Credit cooperatives in these areas can be transformed into a shareholding system and rural commercial banks may be established.

Rural Credit Cooperative, now renamed: Rural Commercial Bank.

Article 21 If the borrower borrows a seasonal re-loan, does not establish a separate account in accordance with the provisions of these Measures and does not use the full amount to increase agricultural loans, the People's Bank of China may recover the re-loan in advance; and where the circumstances are serious, the qualifications of their senior management personnel may be revoked for a certain period of time or even for life.

Article 22 Where a branch of the People's Bank of China falls under any of the following circumstances, the higher-level bank shall give a notice of criticism; and where the circumstances are serious, the directly responsible managers and other directly responsible personnel are to be given administrative sanctions of warnings, demerits, major demerits, demotion, removal, retention on probation, or dismissal.

1) Not in accordance with the provisions of these measures for the object, conditions, time limit and purpose of approval, issuance of reloans;

2) Exceeding authority in approving or issuing reloans;

3) Failure to monitor the approval and issuance of reloans by branches within the jurisdiction in violation of the provisions of these Measures, and serious dereliction of duty;

4) Exceeding the loan limit approved and issued by the superior bank for approval and re-lending.

Article 23 Where the provisions of these Measures are violated in the examination and approval and issuance of reloans, resulting in financial losses and constituting a crime, the judicial organs shall investigate the criminal responsibility of the person directly responsible in accordance with law.

Article 24 These Measures shall not apply to emergency loans issued by the People's Bank of China to rural credit cooperatives that are at risk of payment.

Article 25 The branch may formulate detailed implementation rules in accordance with these Measures.

Article 26 The head office is responsible for the interpretation of these measures.

Article 27: These Measures shall come into force on the date of issuance.

Note: This regulation has been repealed by 37 rules and normative documents including the People's Bank of China Announcement (2007) No. 4 Repeal (** Regulations).

1. Rural credit cooperatives are banking financial institutions, and their direct superior department is the China Banking Regulatory Commission, but they also accept the leadership of the country.

II. Introduction: Rural credit cooperatives (also known as "rural credit cooperatives", referred to as "rural credit cooperatives") refer 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 for members.

The characteristics of rural credit cooperatives are as follows:

1. Farmers and other individuals in rural areas raise funds to jointly form a cooperative financial organization with mutual assistance as the main purpose, and its business operation is managed and operated by personnel designated by members on the basis of democratic elections, and is responsible to members. The highest authority is the Members' Congress, and the executive body responsible for the management of specific affairs and business operations is the Board of Directors.

2. The main funds are the shares paid by the members of the cooperative, the retained provident fund and the deposits absorbed; The loan is mainly used to meet the financial needs of its members. At first, it mainly issued short-term loans for production and living and consumer loans, but with the development of the economy, the lending channels were gradually expanded, which was no different from commercial bank loans.

3. Since the business object is a member of the cooperative, the business procedures are simple and flexible. The main tasks of rural credit cooperatives are: to organize and regulate rural areas in accordance with the provisions of state laws and financial policies, to support agricultural production and comprehensive rural development, to support various forms of cooperative economy and members' family economy, and to restrict and crack down on usury.

The higher-level competent department of the township credit cooperatives is the county credit cooperative, the higher-level competent department of the county credit cooperatives is the municipal credit cooperative, the higher-level competent department of the municipal credit cooperatives is the provincial credit cooperative, and the higher-level competent department of the provincial credit cooperatives is generally the provincial (autonomous region, municipal) people**.

Provincial level people**.

The head of the industry is the China Banking Regulatory Authority.

Provincial State-owned Assets Supervision and Administration Commission, Provincial Associated Societies, Municipal Cooperatives, County Cooperatives, and Township Credit Cooperatives.

It is divided into four levels, provincial associations, provincial associations, county-level associations, credit cooperatives, and some provincial associations have permanent residence institutions in the city.

No, credit unions and rural commercial banks are two different types of banks!

Rural commercial banks are usually reformed by credit cooperatives, which are two different institutions with different constitutions. Credit cooperatives cannot be called rural commercial banks, and rural commercial banks are no longer credit cooperatives!

Rural credit cooperatives are banking financial institutions, and the so-called banking financial institutions are also called depository institutions and depository money banks, and their common characteristics are that they take deposit absorption as their main liability, issue loans as their main assets, and handle transfer and settlement as their main intermediary business, and directly participate in the process of creating deposit currency.

Rural commercial banks are joint-stock local financial institutions formed by farmers, rural industrial and commercial households, enterprise legal persons and other economic organizations within its jurisdiction.

No. It's called Rural Commercial Bank.

After the restructuring of rural credit cooperatives in some places, they are now called rural commercial banks (rural commercial banks) for short.

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

What kind of bank is the Rural Credit Cooperative.

Yes, in 2004, Shenzhen Rural Credit Cooperatives were approved by the China Banking Regulatory Commission and the Guangdong Provincial People's Government to be listed separately from the Guangdong Provincial Rural Credit Cooperatives system, and independently restructured to form Shenzhen Rural Commercial Bank.

But not all credit unions are called rural commercial banks.

At present, the restructured rural credit cooperatives in China are called rural commercial banks, and those that have not been restructured are still rural credit cooperatives.

Rural Credit Cooperatives, Rural Credit Cooperative Banks, Rural Commercial Banks.