Core Insights - Multiple provinces in China are advancing reforms in rural credit cooperatives and village banks, with significant consolidations and mergers taking place [2][11][12] Group 1: Recent Developments - Yunnan plans to integrate 123 rural commercial banks and credit cooperatives to form a provincial-level rural commercial bank [2][11] - Jilin Rural Commercial Bank has been approved to absorb and merge 56 institutions, including 8 rural commercial banks and 48 village banks [3][13] - Hainan Rural Commercial Bank has received approval to absorb Hainan Baoting Rongxing Village Bank [4][14] - Zhengzhou Bank and Zhongyuan Bank have been approved to acquire 5 village banks [4][14] - Jiangxi Rural Commercial Union Bank has been approved to acquire stakes in multiple rural commercial banks and to take over shares from other banks due to debt settlements [4][14] Group 2: Reform Progress - The reforms in Jilin, Hainan, and Jiangxi have progressed significantly, with previous steps already completed [5][15] - Jilin Rural Commercial Bank was established in August 2025 through the merger of 13 institutions and aims to unify the province's rural banking under one legal entity [6][15] - Hainan Rural Commercial Bank, established in May 2024, has also been actively merging with local banks since its inception [6][16] - Jiangxi Rural Commercial Bank, which opened in April 2025, has been deepening its equity reforms and has been approved for significant capital injections [6][16] Group 3: Reform Strategies - The gradual reform approach taken by provinces like Jilin, Hainan, and Jiangxi aims to maintain financial stability while consolidating rural financial institutions [7][18] - The strategy of phased mergers allows for better management of risks and challenges associated with integrating multiple institutions [7][18] - The ongoing reforms have seen 13 provinces complete their rural credit cooperative reforms, with various models adopted, including unified legal entities and joint banking systems [8][18]

又一地方农信系统改革传来大消息！ 1月5日，云南省联社及省内122家农商行、农信社发布联合公告称，已分别审议通过了以新设合并方式组建"云 南农村商业银行股份有限公司"（下称"云南农商银行"）的相关事项并形成决议。 这是2026年首个明确农信改革方向的省份。此前，云南省联社做好"一省一策"改革各项筹备工作，积极推进新 一批州（市）法人农商行改革组建，而最新公告显示，云南将进一步组建省级农商行。 值得一提的是，此番改革前，近年来云南农信系统屡掀反腐风暴。其中，2024年、2025年云南农信系统分别有 15名、8名中高层落马。 云南拟组建省级农商行 组建省级农商行前，云南农信系统曾积极推进州（市）法人农商行组建工作。 其中，迪庆农商行、怒江农商行已于2022年底相继挂牌开业，成为云南省首批 州(市) 统一法人农商行。以新 设合并方式组建的德宏农商行也在2024年11月揭牌开业。 随后，辖内省联社办事处、农商行又分别就筹建普洱农商行、昭通农商行、文山农商行等州（市）统一法人农 商行进行清产核资和资产评估服务项目采购招标。 根据公告，云南省联社和省内122家农信社州（市）、县（市、区）法人机构已依法合规分别履行内部法人 ...

Group 1 - The core point of the article is that Yunnan has initiated a significant reform in its rural credit system by establishing a new provincial rural commercial bank, which will consolidate 123 existing rural financial institutions into a single entity [2][3][4] - The newly formed Yunnan Rural Commercial Bank will inherit all business, assets, debts, and rights from the 123 institutions involved in the reform [3][4] - Yunnan is the first province to clearly define a reform path for rural credit institutions by 2026, adopting a unified legal entity model similar to Inner Mongolia [2][6] Group 2 - The reform involves 123 institutions, including the Yunnan Provincial Association and 122 local rural credit cooperatives, which have all approved the merger through internal governance procedures [3][4] - The establishment of the Yunnan Rural Commercial Bank is pending approval from relevant regulatory authorities [4] - Previous efforts in Yunnan's rural credit system reform include the establishment of several local rural commercial banks, with the first being in Diqu and Nujiang in December 2022 [5] Group 3 - The complexity of the reform is highlighted by the fact that Yunnan's rural credit system has an asset scale of approximately 13,695.73 billion, exceeding that of Inner Mongolia, which faced challenges during its reform [6][7] - Concerns have been raised regarding the management of non-performing assets, with specific institutions reporting non-performing loan rates of 2.8% and 3.39% [6][7] - Experts suggest that a phased approach to reform may be necessary to effectively manage existing risks and improve institutional capabilities before large-scale capital injections [6][8] Group 4 - The reform aims to enhance the governance structure of rural financial institutions while ensuring the continuity of business operations and customer services during the transition [8] - Key considerations for the reform process include legal compliance in decision-making, thorough asset evaluation, and the management of diverse non-performing assets [7][8] - The Yunnan government has emphasized the importance of addressing systemic issues in the development of small financial institutions as part of the reform agenda [8]

Core Insights - Xinjiang Rural Commercial Bank officially opened on December 29, 2025, becoming the sixth provincial-level unified legal person rural commercial bank in China [1] - The reform of provincial-level rural credit cooperatives is accelerating, with 7 new banks established in 2025, indicating that over half of the national rural credit reform has been implemented [1][4] - The central economic work conference emphasized the need to "deeply promote the reduction and quality improvement of small and medium-sized financial institutions" in 2026 [1][4] Summary by Sections Establishment and Capitalization - Xinjiang Rural Commercial Bank has a registered capital of 34.888 billion RMB, with 9,525 individual shareholders holding 41.69% and 849 corporate shareholders holding 58.31% of the total capital [2] - The establishment of Xinjiang Rural Commercial Bank involved the dissolution of 56 local legal entities, consolidating their assets, liabilities, and operations into the new bank [2] Financial Strength and Market Impact - The bank's asset scale is projected to reach 760 billion RMB, significantly enhancing its risk resistance and overall strength, thereby addressing the previous weaknesses of rural financial institutions in Xinjiang [3] - The establishment of the bank is expected to effectively promote the reduction and quality improvement of small financial institutions in the region [3] Reform Progress and Future Outlook - As of now, 13 out of 25 provincial-level rural credit cooperatives have completed their reforms, with expectations for continued acceleration in 2026 [4] - The ongoing reforms are driven by regulatory policies and the successful reform paths established by earlier adopters, which are expected to facilitate further consolidation and risk management in the sector [4] - The focus for 2026 will be on restructuring governance, risk management, and enhancing service capabilities, with an emphasis on digital transformation and improving financial inclusion [5]

本报（chinatimes.net.cn）记者张萌 卢梦雪 北京报道 12月23日，广西首家地市级统一法人农商银行——来宾农商银行正式揭牌成立。 首家地市级统一法人农商行 来宾组建市级统一法人农商银行的进程可追溯至今年年中。 该行由来宾农商银行吸收合并武宣农商银行、金秀农商银行、象州农合银行、忻城农信联社和合山农信 联社5家县级农合机构组建而成。此前，国家金融监督管理总局广西监管局已于11月13日正式批复同意 此次吸收合并事项。 去年2月6日，广西农商联合银行正式挂牌成立，成为全国第五家省级农商联合银行。成立以来该行持续 推进"上参下"改革路径，据记者不完全统计，其目前已获批对辖内14家机构的参股。今年10月，广西农 商联合银行进一步增持来宾农商银行股份，持股比例提升至13.73%。 业内普遍认为，此次成立地市级统一法人农商银行，是广西深化农信社改革、优化地方金融资源配置的 重要举措。 与省级农商银行不同，省级农商联合银行并非全省统一法人，而是在省级和县市级层面均保留独立法人 资格，形成"多级法人"架构。省级农商联合银行通常通过参股方式对辖内行社实施管理、指导与服务。 记者注意到，当前多个选择组建省级农商联合 ...

● 李玉敏 李蕴奇 近日，贵州农信社改革取得标志性突破，贵州农商联合银行获批开业。引人注目的是，中国贵州茅台酒 厂（集团）有限责任公司作为重要股东入股。业内人士认为，茅台集团的入股将为新组建的省级农商联 合银行带来资本实力、市场信誉和产业链生态的深度协同。展望明年，专家表示，"一省一策"农信社改 革将在化险的基础上，进行一系列制度建设，以达到固本培元的效果。 茅台集团参股 国家金融监督管理总局贵州监管局的批复公告显示，贵州农商联合银行注册资本104.58亿元，贵州省财 政厅、贵州金融控股集团有限责任公司、中国贵州茅台酒厂（集团）有限责任公司、贵州省黔晟国有资 产经营有限责任公司的持股比例分别为15.032%、65.844%、9.562%、9.562%。贵州农商联合银行开业 之日，原贵州省联社自行终止，其债权债务由贵州农商联合银行承继。 明年聚焦多项工作 展望明年，专家表示，农信社改革将按照既定路径持续推进，在化险的基础上，进行一系列制度建设， 以达到固本培元的效果。 曾刚表示，明年中小银行改革化险与农信社改革的重点可能集中在"稳风险、强治理、补资本、提能 力"。首先，加快改革进度，剩余省份农信社改革将提速，推 ...

Core Viewpoint - Jiangsu Rural Commercial Bank has received approval from the Jiangsu Regulatory Bureau of the National Financial Supervision Administration to acquire a 4.56% stake in Gaoyou Rural Commercial Bank, marking its first capital action since establishment [1][3]. Group 1: Company Actions - Jiangsu Rural Commercial Bank's investment in Gaoyou Rural Commercial Bank confirms the "up-investing down" model for rural commercial bank formation in Jiangsu Province [1][5]. - Gaoyou Rural Commercial Bank, transformed from the Gaoyou City Rural Credit Cooperative, is a local financial institution in Gaoyou City, Yangzhou, Jiangsu Province [1][3]. - In June 2025, Gaoyou Rural Commercial Bank is set to increase its registered capital to 346 million RMB by converting 8.4361 million RMB of undistributed profits from 2024 [1][3]. Group 2: Capital Structure - The initial registered capital of Jiangsu Rural Commercial Bank is 7.7 billion RMB, contributed by various entities including the Jiangsu Provincial Finance Department and Jiangsu Phoenix Publishing Media Group [2][4]. - The shareholding structure includes 64.935% from the Jiangsu Provincial Finance Department, 12.987% from Jiangsu Phoenix Publishing Media Group, and smaller stakes from other contributors [2][4]. - The "up-investing down" model is one of two main directions for rural credit cooperative reforms, with the other being the "down-investing up" model [5].

Core Viewpoint - The establishment of Guizhou Rural Commercial Bank marks a significant step in the reform of rural financial institutions in China, aiming to enhance their capacity to serve the real economy and address the challenges of small and scattered financial entities [1][2][3]. Group 1: Establishment and Structure - Guizhou Rural Commercial Bank has a registered capital of 10.458 billion yuan, with major shareholders including Guizhou Provincial Finance Department and Guizhou Moutai Group, among others [2]. - The bank's establishment leads to the termination of the original Guizhou Rural Credit Cooperative Union, with its debts and assets being inherited by the new bank [2]. - The Guizhou rural financial system comprises 2,293 outlets and 28,000 employees, making it the largest local banking institution in the province [2]. Group 2: Reform Significance - The core significance of the rural credit cooperative reform is to overcome the development challenges posed by small and weak financial institutions [3]. - The reform aims to concentrate resources, enhance capital adequacy, and improve risk resistance, thereby providing more precise financial support to small and micro enterprises and farmers [3]. Group 3: Accelerated Development - Over half of the provinces have established provincial-level legal entities in the past five years, enhancing governance and sustainable development capabilities [4]. - The "14th Five-Year Plan" emphasizes the support of rural small and medium banks for agriculture and small enterprises, promoting a tailored approach to reform [4][5]. - Since February, six provincial-level rural commercial banks have opened, indicating a rapid acceleration in the reform process [4]. Group 4: Localized Reform Strategies - Guizhou's choice to establish a "joint bank" model reflects a localized approach to reform, considering regional economic conditions and historical governance structures [6]. - The strategy of "one province, one policy" has been highlighted as an effective method to ensure precise and effective reforms without a one-size-fits-all approach [6]. - Ongoing reforms in provinces like Hubei, Shaanxi, and Guangdong indicate a broader trend towards enhancing the governance and operational capabilities of small financial institutions [6].

Group 1 - The core viewpoint of the articles emphasizes the steady progress of rural credit cooperative reforms in China, with the establishment of the Guizhou Rural Commercial Bank marking a significant milestone in this process [1][2][3] - Guizhou has become the seventh province in China to approve the establishment of a provincial-level rural commercial bank, following several other provinces [1] - The registered capital of Guizhou Rural Commercial Bank is 10.458 billion yuan, with major shareholders including the Guizhou Provincial Finance Department and Guizhou Moutai Distillery [1] Group 2 - The reform aims to address the challenges faced by small and weak rural financial institutions, enhancing their ability to support the real economy and small enterprises [2] - The reform is seen as a means to improve the governance and operational capabilities of small financial institutions, allowing them to better serve the agricultural sector and promote inclusive finance [2][3] - The establishment of the Guizhou Rural Commercial Bank follows a trend where over half of the provinces have set up provincial-level legal entities, enhancing sustainable development capabilities through improved governance and risk management [3] Group 3 - The reform strategy includes a tailored approach for each province, respecting local economic conditions and historical governance structures, which avoids a one-size-fits-all solution [3] - Experts believe that future efforts should focus on the integrated advancement of risk management and the transformation of small financial institutions to achieve higher quality development [3]

Core Viewpoint - The establishment of Guizhou Rural Commercial Union Bank marks a significant reform in the management system of rural credit institutions in Guizhou Province, aiming to enhance financial services and risk management in the rural financial sector [4][5]. Group 1: Bank Establishment and Structure - Guizhou Rural Commercial Union Bank has been approved for operation with a registered capital of 10.458 billion RMB, where major shareholders include Guizhou Moutai Group, Guizhou Financial Holding Group, and Guizhou Provincial Finance Department [1][2]. - Guizhou Financial Holding Group is the largest shareholder with an investment of 6.886 billion RMB, holding a 65.844% stake, while Guizhou Provincial Finance Department holds 15.032% [2]. - The bank will not directly accept public deposits or issue loans but will serve as a provincial management and service platform supporting 84 county-level rural commercial banks [2]. Group 2: Operational Focus and Management - The core functions of Guizhou Rural Commercial Union Bank include clearing and settlement for the rural commercial banking system, interbank market participation, and internal fund adjustment [2]. - The bank's management team has been approved, with key positions filled by experienced professionals from the agricultural banking sector [3]. Group 3: Reform Context and Implications - The formation of Guizhou Rural Commercial Union Bank is part of a broader initiative to reform rural credit systems in the province, reflecting the government's commitment to enhance local financial institutions [4][5]. - The "union bank" model allows for the retention of county-level institutions' independence while providing centralized support, which is seen as a cost-effective and smooth transition [4]. - The establishment of this bank is part of a nationwide trend, with several provinces implementing similar reforms to improve rural financial services [5][6].