Is Rural Commercial Bank a formal national bank? Is it safe?

When it comes to Rural Commercial Bank, some people may have heard less about it. People hear more about China Construction Bank, Bank of Communications, Industrial and Commercial Bank of China and other large state-owned banks. So is Rural Commercial Bank a formal national bank? Is Rural Commercial Bank safe? We have prepared relevant content for everyone, if you are interested, come and take a look!

Is Rural Commercial Bank a formal national bank? Rural Commercial Bank is a formal national bank. The full name of Rural Commercial Bank is Rural Commercial Bank. It is a joint-stock local financial institution composed of farmers, rural industrial and commercial households, corporate legal persons and other economic organizations within its jurisdiction. There are 385 rural commercial banks located all over the country. They are joint-stock commercial banks and are regular banks. You don’t have to worry about depositing money in them. Rural Commercial Banks have a bank deposit protection system to protect everyone’s interests. Basically, they are not will lose its principal.

Is Rural Commercial Bank safe? In addition to deposits, Rural Commercial Bank also has financial products. Deposits are protected by a bank deposit protection system to protect everyone's interests. Basically, the principal will not be lost, and the principal and interest are guaranteed within 500,000. This is There is no need to worry. However, financial management is risky, and there is no guarantee of principal or interest. Financial management is divided into risk levels. Generally, there are R1-R5 risk levels. Generally, R1-R2 is low risk and medium-low risk. The risk is If it is small, the security will be relatively high. If you don’t want to bear a lot of risks, you can choose financial products with R1-R2 risk levels.

Summary: Rural Commercial Bank is a formal national bank. The full name of Rural Commercial Bank is Rural Commercial Bank, which is a joint-stock commercial bank. In addition, deposits are protected by a bank deposit protection system to protect everyone’s interests. However, Financial management is risky, and there is no guarantee of principal or interest. However, R1-R2 are low-risk and medium-low risks. The risks are very small and the security is relatively high.