浦发银行，“村改支”再落一子！

Core Viewpoint - Shanghai Pudong Development Bank (SPDB) has received approval to acquire Gongyi Pudong Village Bank, marking significant progress in the "village-to-branch" reform process [2][3]. Group 1: Acquisition and Reform Progress - The approval from the National Financial Regulatory Administration allows SPDB to absorb Gongyi Pudong Village Bank and establish a new branch in Zhengzhou [2]. - Since initiating the "village-to-branch" reform in July, SPDB has completed the transformation of 12 independent village banks into branches, with regulatory approval for each merger [2][3]. - The geographical distribution of these reforms includes provinces such as Gansu, Yunnan, Zhejiang, Chongqing, Shanxi, Tianjin, Shaanxi, Shandong, Xinjiang, Liaoning, Ningxia, and Henan [2]. Group 2: Industry Context and Implications - The move aligns with the regulatory push for reforming small financial institutions and enhancing financial services in rural areas [3]. - Other banks, including state-owned and joint-stock banks, are also accelerating their "village-to-branch" processes, with Agricultural Bank of China recently approved to absorb 192 rural banks and credit cooperatives [3][4]. - As of August 15, 100 village banks have completed mergers, surpassing the total expected exits for 2024 [4].