事关省级农商行筹建，这地迎来重大进展

Core Viewpoint - The establishment of Gansu Rural Commercial Bank is progressing significantly, with announcements from Gansu Jinchang Rural Commercial Bank and Gansu Yongchang Rural Commercial Bank regarding a temporary shareholders' meeting to discuss the formation of the bank [1][3]. Group 1: Background and Context - Gansu Province has 37 rural commercial banks, 5 rural cooperative banks, and 41 county-level cooperatives, covering 1229 towns, 86% of administrative villages, and 90% of farmers [2]. - The province's banking sector has faced challenges, with non-performing loan rates exceeding 6% from 2019 to 2021 [2]. - In 2021 and 2022, Gansu issued special bonds of 12.6 billion and 30 billion respectively to support the development of small and medium-sized banks [2]. Group 2: Reform Initiatives - The Gansu government initially proposed the establishment of Gansu Rural Commercial Union Bank in its 2023 work report, but later shifted to a unified legal entity model for Gansu Rural Commercial Bank [2][3]. - The 2024 work report indicates that the reform plan is nearing approval, with a focus on developing a five-year plan and risk management strategies for the new bank [3]. Group 3: Comparative Analysis - Other provinces like Henan and Xinjiang have also shifted to a unified legal entity model for their rural banks, with Henan's new bank opening in February 2023 [5][6]. - The unified legal entity model is seen as a more comprehensive reform approach, suitable for regions with fewer banking institutions, while the union bank model is considered less costly and preserves multi-level governance [4][7]. Group 4: Broader Industry Trends - The banking sector is experiencing a wave of mergers and restructuring, driven by the need for risk management and regional financial reform [7]. - Several provinces have successfully established provincial rural commercial banks, while others are in the process of forming unified legal entity banks [8].