The detailed introduction is as follows:

The Postal Savings Bank of China was officially established on March 20, 2007. It is a commercial bank established on the basis of reforming the postal savings management system. Postal Savings Bank of China will inherit the postal financial business operated by the former State Post Bureau and China Post Group Corporation and the resulting assets and liabilities, and will continue to engage in business approved and approved by the original business scope and business license documents.

On February 27, 2012, the Postal Savings Bank of China issued an announcement stating that with the approval of the State Council, the Postal Savings Bank of China Co., Ltd. was legally renamed Postal Savings Bank of China Co., Ltd. on January 21, 2012. company. Inherit all the assets, liabilities, institutions, businesses and personnel of the original Postal Savings Bank of China Co., Ltd. in accordance with the law, assume and perform the rights and obligations of the original Postal Savings Bank of China Co., Ltd. in relevant legally binding contracts or agreements, and corresponding creditor-debt relationships and legal responsibilities.

The existing business institutions, trademarks, Internet domain names and consultation service telephone numbers of Postal Savings Bank of China Co., Ltd. will remain unchanged and will continue to be used by the joint-stock company, and all businesses will continue as usual. Customers do not need to go through any change procedures.

Rural Credit Cooperatives (Rural Credit Cooperatives, Rural Credit Cooperatives) refer to rural cooperative finance established with the approval of the People's Bank of China, composed of members as shareholders, practicing democratic management, and mainly providing financial services to members. mechanism.

Rural credit cooperatives are independent corporate legal persons. They bear responsibility for the debts of rural credit cooperatives with all their assets and enjoy civil rights in accordance with the law. Its property, legitimate rights and interests and business activities carried out in accordance with the law are protected by national laws. Its main task is to raise idle funds in rural areas and provide financial services for the development of agriculture, farmers and rural economy.

In accordance with national laws and financial policies, organize and regulate rural funds to support agricultural production and comprehensive rural development, support various forms of cooperative economy and member family economy, and limit and crack down on usury. Rural Credit Cooperatives are divided into the following departments, Rural Credit Cooperatives Cooperatives, Rural Credit Cooperatives International Finance Department, Zhengtong Rural Credit Cooperative Training School, Rural Credit Cooperative Credit Department, etc. It is a department currently under the dual leadership of the China Banking Regulatory Commission and the State Council.