Is Harbin Rural Commercial Bank Safe?

1. Is Harbin Rural Commercial Bank safe?

It's safer this way

Rural commercial banks are formal commercial banks, which belong to collective ownership and are considered as local state-owned enterprises.

According to the latest regulations in China, once the deposit amount of merchants is less than 500,000 yuan, it is possible to build a leading, well-known and distinctive agricultural bank in the industry. Based on the positioning of small and micro markets and community markets, adhering to the business philosophy of "three rural banks, community retail banks and individual banks with large customers", we will persist in becoming bigger, stronger, more refined and better, and strive to build an all-round modern commercial bank with regional leadership, outstanding industries and distinctive characteristics.

2. Are rural commercial banks state-owned?

Rural commercial banks are not state-owned enterprises, but joint-stock commercial banks. Rural commercial banks are joint-stock local financial institutions composed of farmers, rural industrial and commercial households, enterprise legal persons and other economic organizations. Rural commercial banks (formerly rural credit cooperatives) are an important part of China's financial system and the main form of cooperative financial organizations. Ruralcommercialbank (hereinafter 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. Rural cooperative banks should all be restructured into rural commercial banks. Jiang Liming, director of the supervision department of cooperative financial institutions of China Banking Regulatory Commission, said that no new rural cooperative banks will be established, and all rural cooperative banks will be transformed into rural commercial banks. Cancel the qualification shares in an all-round way and encourage qualified rural credit cooperatives to be restructured into rural commercial banks. On the premise of maintaining the overall stability of the legal person status of counties (cities), we will steadily promote the reform of provincial associations, and gradually build a new relationship between provincial associations and grass-roots legal entities with property rights as the link, equity as the link and supervision as the constraint, so as to truly form the same interests between provincial associations and grass-roots legal entities. The proportion of qualified shares in rural credit cooperatives in China has dropped below 30%. About 303 rural commercial banks and 2 rural cooperative banks have been established, and the total assets of rural banks account for 4 1.4% of the rural cooperative financial institutions in China. In addition, 1424 rural credit cooperatives have met or basically met the conditions for establishing 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 deep-seated institutional mechanisms.

3. Is Harbin Bank a state-owned bank?

It is a state-owned bank and will not fail.

4. Is Harbin Rural Commercial Bank a state-owned bank?

Harbin Rural Commercial Bank is not a state-owned bank.

Harbin Rural Commercial Bank is a joint-stock local bank approved by China Banking Regulatory Commission, and has independent corporate status. The head office is located at No.65, Jingwei Erdao Street, Daoli District, Harbin, 1 Business Department of the head office, with 62 branches and business outlets all over the urban areas, suburbs and towns of Harbin.

Rural commercial banks, reformed from rural credit cooperatives, are joint-stock local financial institutions approved by China Banking Regulatory Commission. Like state-owned banks and joint-stock commercial banks, it belongs to a kind of commercial banks. Therefore, rural commercial banks belong to formal banks and have the qualification to absorb deposits and issue loans.