新疆获批筹建升级农商银行

Core Viewpoint - The establishment of Xinjiang Rural Commercial Bank marks a significant step in the reform of rural financial institutions in Xinjiang, making it the sixth province in China to approve the establishment of a provincial-level rural commercial bank [1] Group 1: Establishment and Reform Progress - Xinjiang has adopted a step-by-step approach to deepen the reform of rural credit cooperatives, with a clear reform path [1] - The first city-level unified legal person rural commercial bank, Aksu Talimu Rural Commercial Bank, will be inaugurated in December 2023, formed by merging five rural commercial banks and three rural credit cooperatives [1] - The Xinjiang Kizilsu Rural Commercial Bank will be officially established in September 2024 through a similar merger of four rural credit cooperatives [1] Group 2: Financial Performance and Goals - As of June 2025, the total loans of Xinjiang Rural Credit Cooperatives are projected to reach 477.9 billion yuan, with agricultural loans accounting for 241.9 billion yuan [2] - The coverage rate of loans to farmers exceeds 60%, and loans to small and micro enterprises total 267.3 billion yuan [2] - The county-level rural credit system's loans constitute over 65% of the total loans from local financial institutions, highlighting its role in supporting agriculture, rural revitalization, and local economic development [2]