Hubei Hanchuan Rural Bank Co., Ltd(hu bei han chuan nong yin cun zhen yin hang you xian ze ren gong si )

Hubei Hanchuan Rural Bank Co., Ltd

On August 18, 2008, Hubei Hanchuan Rural Bank Co., Ltd. was established in Xinhe Town, Hanchuan City, Hubei Province, with a registered capital of RMB 20000000,

Brief overview

It is a banking financial institution jointly invested with five non-financial institutions, including Hanchuan steel wire rope factory and Hubei Yonghe anmen Industry Co., Ltd., of which the Agricultural Bank of China contributed 10000000 yuan, with a shareholding ratio of 50.00%. As of December 31, 2009, the audited total assets of Hubei Hanchuan Rural Bank Co., Ltd. were 87.7535 million yuan, and the audited net profit was 1.6889 million yuan in 2009. It is the first rural bank initiated by a large state-owned commercial bank in China, and it is also an attempt of ABC to actively explore the new mode of "serving agriculture, rural areas and farmers". It is regarded as the ice breaking journey for large state-owned commercial banks to return to rural areas, which is of great significance and highly concerned by all parties.

Reasons for establishment

The national financial work conference held in early 2007 put forward that the general principles of the reform of ABC are "facing agriculture, rural areas and farmers, overall restructuring, commercial operation and listing at the right time". Agricultural Bank of China speeds up the pace of returning to the countryside and focuses on the rural banks. After many investigations, the bank believes that rural banks, as a new type of financial institution, are conducive to solving the contradiction between the decentralization of "three rural" customers and the centralized operation of large commercial banks, reducing the threshold of serving "three rural" and further expanding the coverage of serving "three rural". Hubei Branch of Agricultural Bank of China, which is located in the central agricultural province, has actively submitted the application to the head office of Agricultural Bank of China for carrying out the pilot project of rural banks, and has carried out the preliminary site selection work. Xinhe Town is under the jurisdiction of Hanchuan City, Hubei Province, with a total population of 65200 and a cultivated area of 73200 mu. The town has obvious location advantages, convenient transportation and active economy, which provides a larger development space for financial institutions. At present, the town has formed a rural economic development pattern based on the three dominant agricultural product bases of vegetables, livestock and poultry, and high-quality rice, and led by five pillar industries of food, building materials, clothing, shoes and hats, plastic chemical industry, and product packaging. The modern agricultural development mode of "company connecting base, base connecting farmer" has been mature. in recent years, with the rapid development of economy, the credit demand of Xinhe Town is increasing, but the financial service is becoming more and more degenerated. Especially with the withdrawal of state-owned banks, the financial effect on the local economic development is becoming smaller and smaller. At present, the three financial institutions in Xinhe Town mainly serve Hanchuan power plant, and the service items are mainly deposits. At present, two of them have no one cent loan. The loan of more than 8 million yuan of credit cooperatives is mainly accumulated over the years, and the proportion of new loans in recent years is very small. The development of individual business and agricultural production in Xinhe Town is basically in the vacuum of financial services, which seriously affects the development of township economy, especially the "three rural" economy. After systematic argumentation and careful selection, and considering the financial supply, service coverage, market environment, etc., the Hubei Branch of ABC chose to set up a village bank in Xinhe Town, Hanchuan, Hubei Province, and obtained the approval of the head office of ABC.

Dominant position

"Compared with the existing local financial institutions, there is no historical burden, and independent legal person is the biggest advantage," said the head of Rural Bank of Hanchuan After the establishment of ABC village bank, it will give full play to the advantages of flexible operation mechanism and short management chain, actively innovate financial products, actively support all links in the chain of agricultural and animal husbandry industrialization, and vigorously support the development of farmers and herdsmen, agricultural and animal husbandry economic organizations, individual businesses, small and medium-sized enterprises, tourism and other related industries on the premise of effective risk prevention and control. At the same time, we should make use of the brand influence and efficient settlement network of ABC to achieve complementary advantages and build a financial service system covering rural economic regions. It is estimated that by 2010, various deposits will reach 100-120 million yuan, various loans will reach 70-80 million yuan, and the profits will not be lower than the average level of the industry.

Chinese PinYin : Hu Bei Han Chuan Nong Yin Cun Zhen Yin Hang You Xian Ze Ren Gong Si