内蒙古农商银行一步整合120家机构，全国农信社改革落地省份扩至10个

Core Points - Inner Mongolia Rural Commercial Bank has officially completed its establishment and will commence operations on May 27, 2025, marking a significant advancement in the rural credit cooperative reform in Inner Mongolia [1][5] - The bank is the first provincial-level unified legal entity bank in China to integrate 120 rural credit institutions and village banks in one go [1][6] Summary by Sections Establishment and Capitalization - Inner Mongolia Rural Commercial Bank was registered on May 17, 2025, with a registered capital exceeding 58 billion yuan [1][5] - The bank's establishment involved the merger of 93 rural credit legal entities and 26 village banks, totaling 120 institutions [6][8] Reform Progress - As of May 2025, 10 provinces, including Zhejiang, Liaoning, Shanxi, Sichuan, Guangxi, Hainan, Henan, Jiangsu, and Jiangxi, have established provincial-level rural commercial banks or rural commercial joint banks [9][10] - The reform of rural credit cooperatives is accelerating, with various models being explored, including unified legal entity banks and provincial rural commercial joint banks [6][9] Asset Management and Risk Control - During the preparatory phase, the bank prioritized the recovery of non-performing assets, holding multiple meetings to strategize on asset recovery [4][5] - The bank's establishment is part of a broader initiative to address risks in small financial institutions, as highlighted in recent government reports [9][11] Historical Context - The Inner Mongolia Rural Credit Cooperative Union was established in August 2005, with 93 legal entities prior to the merger, including 37 rural commercial banks and 3 rural cooperative banks [8] - The total assets of the Inner Mongolia rural credit system reached 883.3 billion yuan by the end of 2024, with deposits growing by 6.2% and loans by 4.6% [8]