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Can the subsidy for the 80-year-old in Xiangyang only be issued to rural commercial banks?

No. According to the "Implementation Opinions of the Xiangyang Municipal Committee of the Communist Party of China and the Xiangyang Municipal People's Government on Further Strengthening the Work on Aging", Xiangcheng District will issue senior-age subsidies to senior citizens who have household registration in Xiangcheng District and are over 80 years old (including 80 years old). Subsidy account opening banks can choose Agricultural Bank of China and Rural Commercial Bank. The elderly subsidy is a social security system implemented for the elderly. Its purpose is to solve the basic living problems of the elderly and play an important role in ensuring the quality of life of the elderly.