What does the Agricultural Bank of China reserve fund mean?

The reserve of China Agricultural Bank refers to the deposit reserve. The reserve fund of Agricultural Bank of China is the credit line granted by Agricultural Bank to cardholders. This part of the credit line does not occupy the credit card line. Repayment can be made in installments after application. The credit card bill is merged into the credit card bill, and only the credit card needs to be returned. Agricultural bank reserve fund is an installment loan of agricultural bank credit card. Most importantly, it is an independent installment quota.

Reserve fund amount

Agricultural Bank of China reserve is a fund prepared by banks to meet their daily needs. The reserves of commercial banks are placed in the central bank, and some of them are statutory reserves, which are basically unusable by commercial banks. The excess is called excess reserve, which can be used by commercial banks; Commercial banks can also deposit part of their funds in other banks. If the reserves of commercial banks are insufficient, they can demand borrowed reserve from the central bank and other banks in the money market.