What bank does Guizhou Rural Credit Cooperative belong to?

1. Guizhou Rural Credit Cooperative is the abbreviation of Guizhou Rural Credit Cooperative Association, which was established on February 30, 2003. It is a rural credit cooperative bank approved by the China Banking Regulatory Commission and managed by the provincial people's government, and has the qualification of an independent enterprise legal person. A financial institution whose duty is to act as a credit intermediary through deposits, loans, remittances and savings. The main business scope is to absorb public deposits, issue loans and discount bills. Rural credit cooperatives refer to rural cooperative financial institutions established with the approval of the People's Bank of China, which are composed of members' shares, implement democratic management and mainly provide financial services for members.

Second, the difference between rural credit cooperatives and rural commercial banks:

1, enterprise nature

Rural commercial banks are joint-stock companies and rural credit cooperatives are joint-stock cooperative enterprises. Generally speaking, the rural credit cooperatives system is similar to the chain model, with a head office (provincial rural credit cooperatives), several prefecture-level rural credit cooperatives and county-level rural credit cooperatives, each of which is an independent legal person and is responsible for its own profits and losses. Similar to the parent company, there are many subsidiaries. The parent company only has the right to manage its subsidiaries, but has no right to interfere in their business. Subsidiaries are responsible for their own profits and losses. The predecessor of rural commercial banks is generally formed by the merger and reorganization of several prefecture-level rural credit cooperatives or county-level credit cooperatives. Similar to the merger of several small companies into one big company.

2. Regulators

Commercial banks are mainly supervised by the China Banking Regulatory Commission, and credit cooperatives, as sponsors of provincial associations, are mainly supervised by provincial associations.

3. Service focus

Although it mainly serves the development of agriculture, countryside and farmers and rural economy within its jurisdiction, rural commercial banks are established in relatively developed areas, with a low proportion of agriculture. Therefore, under the premise of meeting the needs of agriculture, countryside and farmers, we need to take into account the goal of coordinated economic development between urban and rural areas. The service targets of rural credit cooperatives are more focused on farmers.

4. Scale

Rural commercial banks are generally larger and stronger than rural credit cooperatives. Rural credit cooperatives are the predecessors of rural commercial banks. When rural credit cooperatives develop to a certain extent and their assets reach a certain standard, they can be restructured into rural commercial banks with the approval of China Banking Regulatory Bureau.