Rural commercial banks and rural commercial banks are the same.

Rural Commercial Bank, referred to as Rural Commercial Bank, 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.

Jiang Liming, director of the Cooperative Financial Institutions Supervision Department of the China Banking Regulatory Commission, said that no new rural cooperative banks will be established and all rural cooperative banks will be restructured into rural commercial banks.

Qualified stocks will be completely cancelled, and qualified rural credit cooperatives will be encouraged to restructure and form rural commercial banks.

Extended information: As the most important rural financial institution, rural commercial banks, guided by benchmark banks, optimize their business governance systems, improve their talent team building, and continuously improve their sustainable operations and financial service capabilities.

With the continuous development of my country's new rural construction, the continuous deepening of rural financial reform, and the continuous increase of the state's investment in the construction of a new socialist countryside, rural commercial banks have made great progress in the field of rural finance by virtue of their system and advantages in the customer market. space.

As a leader in the rural financial market, rural commercial banks rely on their advantages such as flexible management systems, efficient business processes, standardized corporate governance, and natural connections with agriculture, rural areas, farmers, and the small and micro economy to take root in rural areas, develop operations, and strive to play their role. In the new era, the main role of serving agriculture, rural areas and rural areas and serving small and micro enterprises is playing an increasingly important role in my country’s financial system.