年内第六家！新疆农商行获批筹建，开业后资产规模将超7000亿

Core Viewpoint - The establishment of Xinjiang Rural Commercial Bank marks the sixth provincial-level unified legal person rural commercial bank in China and the first in the northwest region, with an asset scale expected to exceed 700 billion yuan upon opening [1][2][3]. Group 1: Approval and Establishment - The National Financial Regulatory Administration has approved the establishment of Xinjiang Rural Commercial Bank, which is expected to officially open by the end of November [1][3]. - Xinjiang Rural Commercial Bank will be formed through a new establishment and merger, inheriting the debts and assets of 56 existing rural credit institutions in Xinjiang [6][9]. Group 2: Financial Scale and Goals - Upon opening, Xinjiang Rural Commercial Bank's asset scale is projected to exceed 700 billion yuan, with deposits expected to reach 611.5 billion yuan and loans nearly 480 billion yuan by mid-2025 [6][9]. - The bank's establishment is part of a broader strategy to enhance the rural financial service system and support the rural revitalization strategy [9]. Group 3: Reform Context - The establishment of Xinjiang Rural Commercial Bank is part of a larger reform initiative for rural credit institutions in China, which aims to consolidate smaller institutions for sustainable development [8][9]. - The reform has been implemented in a step-by-step manner, with several other provincial-level unified legal person rural commercial banks already established in different regions [8][12].