Joke Collection Website - Blessing messages - Is Fenghua Rural Commercial Bank a state-owned enterprise?

Is Fenghua Rural Commercial Bank a state-owned enterprise?

No, according to relevant information, Fenghua Rural Commercial Bank is a joint-stock local financial institution composed of farmers, rural industrial and commercial households, corporate legal persons and other economic organizations, not a state-owned enterprise. Rural commercial banks (formerly rural credit cooperatives) are an important part of China's financial system and the main form of cooperative financial organizations.