Is Shanghai Rural Commercial Bank a regular bank?

Shanghai Rural Commercial Bank is a formal and legal bank.

According to Caiti.com, Shanghai Rural Commercial Bank is a formal and legal bank, initiated and established by Shanghai Rural Commercial Bank, which mainly serves rural areas and small and medium-sized enterprises. Shanghai Rural Commercial Bank was established on 20 10, and approved by the Insurance Regulatory Commission of the Bank of China. It is an independent legal person and a joint-stock enterprise. Shanghai Rural Commercial Bank operates under the supervision of China's financial regulatory agencies and abides by relevant laws, regulations and regulatory requirements. Shanghai Rural Commercial Bank provides personal savings, loans, wealth management and other financial services and is committed to meeting the financial needs of rural areas and small and medium-sized enterprises. Shanghai Rural Commercial Bank, a subsidiary of Shanghai Rural Commercial Bank, has a close cooperative relationship with Shanghai Rural Commercial Bank.