Core Points - Xinjiang Rural Commercial Bank has been approved for establishment, marking Xinjiang as the sixth province to establish a provincial-level rural commercial bank in China [2][3] - The establishment work must be completed within six months from the approval date, followed by an application for opening to the Xinjiang Financial Regulatory Bureau [3] - The reform of rural credit cooperatives in Xinjiang has accelerated in 2023, with several unified legal entity rural commercial banks being established [3][4] Summary by Sections Establishment Approval - Xinjiang Rural Commercial Bank received approval for establishment on October 31, 2023, becoming the sixth province to do so [2] - The establishment team is required to follow legal regulations and complete the setup within six months [3] Progress of Rural Credit Cooperatives Reform - In 2023, Xinjiang has been advancing the reform of rural credit cooperatives, with the first unified legal entity rural commercial bank, Aksu Tarim Rural Commercial Bank, opening in December 2023, boasting an asset scale exceeding 90 billion [3] - By September 2024, Xinjiang Kizilsu Rural Commercial Bank will open with assets over 7 billion, followed by Hetian and Kashgar Rural Commercial Banks in December 2024, with asset scales of 26.3 billion and 71.2 billion respectively [3] Future Plans and Goals - The plan for a unified legal entity rural commercial bank in Xinjiang was approved in January 2023, with a goal to complete the establishment tasks by 2025 [3][4] - The Xinjiang Rural Credit Cooperative Union aims to refine the reform plan, ensuring a clear organizational structure and efficient management post-establishment [4] - Once operational, Xinjiang Rural Commercial Bank is expected to have an asset scale exceeding 700 billion, characterized by clear ownership, sound governance, and effective financial risk management [4]
金融监管总局批复,同意!又一新银行来了
中国基金报·2025-11-08 11:43