Group 1 - Xinjiang Rural Commercial Bank has been approved for establishment as of October 31, 2023, marking it as the sixth provincial-level rural commercial bank in China [1][2] - The establishment process must be completed within six months from the approval date, followed by an application for opening to the Xinjiang Financial Regulatory Bureau [2] - The reform of rural credit cooperatives in Xinjiang has accelerated in 2023, with plans for a unified legal entity rural commercial bank across the region [2][3] Group 2 - The first unified legal entity rural commercial bank in Xinjiang, Aksu Tarim Rural Commercial Bank, is set to open in December 2023 with an asset scale exceeding 90 billion [2] - Other banks, including Xinjiang Kizilsu Rural Commercial Bank and Hetian Rural Commercial Bank, are scheduled to open in 2024 with asset scales of over 7 billion and 26.3 billion respectively [2] - The total asset scale of the new Xinjiang Rural Commercial Bank is projected to exceed 700 billion, aiming for clear ownership, sound governance, and effective financial risk control [3]
金融监管总局批复,同意!又一新银行来了
Zhong Guo Ji Jin Bao·2025-11-08 12:07