Is Zhanjiang Rural Commercial Bank a part of Zhanjiang Bank?

Zhanjiang Rural Commercial Bank is not affiliated with Zhanjiang Bank. Zhanjiang Rural Commercial Bank is a head office-level local joint-stock commercial bank with independent legal personality. It was established through the merger of the original Zhanjiang Mazhang, Chikan, Potou and Donghai Rural Credit Cooperatives. It was officially established on October 30, 2019. As of the end of 2021, it has a registered capital of 1.655 billion yuan, 72 business outlets, more than 1,000 employees, an asset scale of 32.2 billion yuan, a deposit balance of 26 billion yuan, and a loan balance of 16.4 billion yuan. The scale of deposits and loans ranks first in Zhanjiang City. At the forefront of the banking industry, it is a banking financial institution with the largest number of financial institutions outlets and the widest coverage of financial services in Zhanjiang area.