Zhejiang Rural Credit Union(zhe jiang sheng nong cun xin yong she lian he she )

Zhejiang Rural Credit Union

The rural credit cooperatives in Zhejiang Province have been developed since 1952. With the purpose of serving "agriculture, rural areas and farmers", they have played an irreplaceable role in promoting agricultural development, rural prosperity and increasing farmers' income.

After the National Working Conference on rural financial system reform in July 1996, according to the "decision of the State Council on rural financial system reform", it completely broke away from the administrative subordination with the Agricultural Bank of China and established the leading group for rural financial system reform in Zhejiang Province. From 1996 to 2003, Zhejiang Credit Cooperation Association was established.

Zhejiang Rural Credit Union was established on April 18, 2004. The province's rural credit cooperatives really have their own headquarters in the province. By the end of June 2010, 42 rural cooperative banks and 39 rural credit cooperatives had been established. On May 13, 2020, as the first group of initiators, we launched the "digital transformation partnership action" initiative with the national development and Reform Commission and other departments.

Enterprise scale

The first registered capital of Zhejiang Rural Credit Union is 105 million yuan, and the total assets is 394.9 billion yuan. It is a local financial institution with independent legal personality, which is established by the rural cooperative banks, Rural Credit Union and rural credit union of 81 counties (cities and districts) under the jurisdiction of Zhejiang Province. Zhang Mengjin, deputy governor of Zhejiang Provincial Leading Group for deepening the reform of rural credit cooperatives, said: "the reform of rural credit cooperatives is no longer a simple financial issue, but an important political issue related to the overall situation of agricultural development, farmers' income increase and rural stability It is a provincial-level financial institution that provides various financial services and shoulders the functions of management, guidance, coordination and service for rural credit cooperatives in Zhejiang Province. "

Historical evolution

The rural credit cooperatives of Zhejiang Province began to develop in 1952. In the nearly 60 years of hard and tortuous development process, they have always been based on the rural areas, with the purpose of serving "agriculture, rural areas and farmers", and played an irreplaceable role in promoting agricultural development, rural prosperity and increasing farmers' income. After the National Working Conference on rural financial system reform in July 1996, according to the "decision of the State Council on rural financial system reform", it completely broke away from the administrative subordination with the Agricultural Bank of China and established the leading group for rural financial system reform in Zhejiang Province. From 1996 to 2003, Zhejiang Credit Cooperation Association was established. On April 18, 2004, Zhejiang Rural Credit Union (hereinafter referred to as Zhejiang Rural Credit Union) was officially established, which opened a new page in the development history of rural cooperative finance and ushered in the spring of reform and development.

The rural credit union of Zhejiang Province is a provincial management organization authorized by the Zhejiang provincial government to manage, guide, coordinate and serve 81 rural cooperative financial institutions (including rural cooperative bank and Rural Credit Union) in the whole province. It is also a provincial financial institution with certain operating functions. Since its establishment, under the correct leadership of Zhejiang provincial Party committee and government, and with the strong support of local Party committees, governments and relevant departments at all levels, Zhejiang Rural Credit Union has led the cadres and employees of rural cooperative financial system in Zhejiang Province to deepen reform, strengthen management, accelerate development, actively promote the construction of new socialist countryside, and effectively promote the development of local economy, especially rural economy development.

development history

present situation

In 2004, in accordance with the requirements of the State Council's "pilot scheme for deepening the reform of Rural Credit Cooperatives", the Zhejiang provincial Party committee and the provincial government reformed the management system of rural credit cooperatives in Zhejiang Province, and established the Zhejiang Rural Credit Union on April 18, 2004. The province's rural credit cooperatives really have their own headquarters in the province. At the same time, actively promote the reform of property rights system of rural credit cooperatives. By the end of June 2010, 42 rural cooperative banks and 39 rural credit cooperatives have been established. Deepening the reform has injected new vitality into the comprehensive, healthy and rapid development of the rural cooperative financial system of the whole province. At the end of June 2010, the balance of various deposits reached 742.796 billion yuan, an increase of 502.834 billion yuan or 209.55% compared with that before the reform (the end of 2003, the same below); the balance of various loans reached 524.934 billion yuan, an increase of 344.647 billion yuan or 191.17% compared with that before the reform; the non-performing loan ratio was 1.66%; the pre tax profit from 2004 to 2009 was 40.789 billion yuan.

Since 2004 to 2010, Zhejiang rural credit association has led 81 member agencies, nearly 4000 outlets and more than 40000 employees of the rural credit system in Zhejiang Province to inherit the long history and culture of Zhejiang rural credit, carry forward the glorious dream of strengthening Zhejiang local financial industry, adhere to the business philosophy of growing together with "agriculture, rural areas and farmers" and small and medium-sized enterprises, actively support the economic and social development of Zhejiang, and improve its own performance Great progress has been made. By the end of October 2010, the scale of deposits and loans had reached 767.3 billion yuan and 549.7 billion yuan respectively, and the operating efficiency of rural credit cooperatives ranked first in China.

After unremitting hard work and adhering to the concept of common growth, over the past six years, the province's rural cooperative financial system has not only promoted the development of local economy, especially the "three rural" economy, but also reaped fruitful results. It has become a local financial institution with the widest service coverage, the largest number of institutions, and the most dedicated service to "agriculture, rural areas and farmers" and small and medium-sized enterprises. Its business outlets are all over the counties (cities, districts), towns and large villages in the province. Its deposit and loan scale ranks first and second in the province's banking industry respectively. Its asset quality and operating efficiency rank first in the country's rural cooperative financial system The level of risk prevention has been significantly improved, and the ability of risk prevention has been significantly enhanced. It is gradually moving forward to modern rural financial institutions.

Spring wind drum sail again voyage, work together to create brilliant. In the face of new strategic opportunities and challenges, Zhejiang Rural Credit Union, together with the provincial rural cooperative financial institutions, will fully implement the scientific outlook on development, actively practice the strategic thinking of "one road, two revolutions" (taking the road of becoming stronger and better, promoting the "strategic transformation revolution" and the "scientific and technological information revolution"), and consistently serve the "three rural issues" and small and medium-sized enterprises, so as to promote the development of rural economy New socialist rural construction, building a well-off society and building a socialist harmonious society to make new contributions!

development

On April 18, 2004, Zhejiang Rural Credit Union was established. Leaders of the provincial government attended the unveiling ceremony. Leaders of some departments and bureaus of the provincial government, as well as leading persons of many financial institutions, also attended the ceremony. After the meeting, the leaders of the provincial government took a group photo with Zhu Fanyu, Yao Shixin, Feng Jianqing and Zhou caikang, members of the provincial rural credit union team, setting a historical frame. Such a high standard unveiling ceremony has attracted people's attention and aroused people's curiosity. What is the sacred name of Zhejiang Rural Credit Union? According to the authorization of the provincial government, Zhejiang rural credit cooperatives union manages, guides, coordinates and serves the rural credit cooperatives (rural cooperative banks) within the jurisdiction of Zhejiang Province. According to the relevant legal documents, the work content and responsibility scope of this unit are defined in this way. With the establishment of the Provincial Rural Credit Union, people began to regard the province's Rural Credit Cooperatives (rural cooperative banks) as a consortium? Zhejiang rural credit cooperatives to consider, to examine, people found that in our native Zhejiang Province, there is also an active has gone through 50 years, 50 years of hard work, 50 years of honing, from small to large, from weak to strong, created 50 years of glory, from the fertile soil in Zhejiang rural financial giant - Zhejiang rural credit cooperatives. It has been 50 years since the establishment of Zhejiang rural credit cooperatives in 1954.

Over the past 50 years, rural credit cooperatives in our province have conscientiously implemented the party's economic and financial policies. Under the leadership and management of local Party committees, governments, the people's Bank of China, the banking regulatory system, and industry management departments at all levels, they have always adhered to the responsibility of supporting agriculture, rural areas, and farmers, firmly established the purpose of serving agriculture, and concentrated credit funds to give priority to supporting the development of agriculture, forestry, animal husbandry, sidelines, and fishery The development of individual businesses, private enterprises and township enterprises has achieved remarkable results.

At the same time, after 50 years of hard work, rural credit cooperatives have developed from small to large, from weak to strong, and become a large part of rural finance, forming a virtuous circle of rapid and steady development of rural economy and healthy development of rural credit cooperatives. Over the past 50 years since its establishment, the cooperative has issued 1967.236 billion yuan of various loans, including 361.911 billion yuan of agricultural loans.

By the end of 2003, the deposits of rural credit cooperatives in the whole province were 240 billion yuan, accounting for 16.26% of the financial system of the whole province, the loans were 180.3 billion yuan, accounting for 15.01% of the financial system of the whole province, and the balance of deposits and loans accounted for 10% of the national rural credit cooperatives system. The total amount of deposits and loans ranked second in the provincial financial system and the national rural credit cooperative system. The agricultural loans of rural credit cooperatives and the loans of township enterprises account for 96% and 81% of the total financial system of the whole province respectively, and have become the main force of rural finance in our province. In the past 50 years, the reform and development of rural credit cooperatives in our province has gone through the following stages

Establishment and universal design

The rural credit cooperatives of our province were founded in October 1952 and established in 1954. In April 1954, according to the Central Committee's decision on actively developing credit cooperation and the East China Bureau's decision on directly establishing credit cooperation, Zhejiang provincial Party committee

Chinese PinYin : Zhe Jiang Sheng Nong Cun Xin Yong She Lian He She