顺德农商行，合并广州等地4家村镇银行

Group 1 - Shunde Rural Commercial Bank has been approved to absorb and merge with several village and town banks, including those in Nanhai, Dongguan, Panyu, and Jiangmen, following the completion of asset and liability verification [2] - This approval marks another step in the accelerated reform process of village and town banks in China, with 89 such banks expected to complete mergers by mid-2025, significantly higher than the 11 completed in 2023 [2] - The rapid reduction in the number of village banks is likely linked to regulatory requirements and inherent risks within these institutions, as emphasized in the 2025 regulatory work meeting by the National Financial Regulatory Administration [2] Group 2 - The People's Bank of China will release the "China Financial Stability Report (2024)," which will assess 3,936 banking institutions and categorize them into risk zones, with a notable number of rural financial institutions falling into the high-risk "red zone" category [3] - The report highlights that rural cooperative institutions and village banks have a significant presence in the "red zone," indicating potential risks within these smaller financial entities [3] - The Guangdong Financial Regulatory Bureau has called for a collaborative effort to expedite the risk resolution process for small financial institutions while promoting governance and business restructuring [3]