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Is Yueqing Rural Commercial Bank a rural credit cooperative?

Hello, Yueqing Rural Commercial Bank is not a rural credit cooperative. Because the full name of Rural Commercial Bank is Rural Commercial Bank, it is different from rural credit cooperatives. However, rural credit cooperatives are actually rural commercial banks. predecessor.

Rural Commercial Bank, referred to as Rural Commercial Bank, is a joint-stock local financial institution formed by farmers, rural industrial and commercial households, corporate legal persons and other economic organizations in the jurisdiction. mechanism.

Rural credit cooperatives, abbreviated as rural credit cooperatives, rural credit cooperatives, etc. in Chinese, refer to institutions established with the approval of the People's Bank of China, composed of members holding shares, implementing democratic management, and mainly providing financial services to members. A rural cooperative financial institution.