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What kind of bank does Happy Village Bank belong to?
Rural commercial banks. According to Caiti's query. Com, Happiness Village Bank is a banking financial institution approved by the Bank of China Insurance Regulatory Commission, which belongs to rural commercial banks, and its main business scope includes bill acceptance and exchange. Village banks are state-owned banks, established by the state, not private banks. Village banks are banks opened and controlled by large commercial banks and regional commercial banks, which will absorb some village assets, so they are called village banks. Village banks mainly provide financial services such as savings, loans and transaction settlement for villages and towns, and are banking financial institutions that provide financial services for local farmers, agriculture and rural economy. Village banks are supervised by the state in accordance with the Regulations on Deposit Insurance.
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