Does Henan rural bank include Henan rural credit cooperatives?

The construction of rural banks began in 2008. At that time, Luanchuan County and Gushi County successively established village banks. In the second half of this year, Gongyi, Fangcheng, Jiaxian, Xiping and Zhongmu all had their own village banks. It is reported that Xinzheng Jingu Village Bank is also under intense preparation, and its sponsor is Hohhot Jingu Rural Cooperative Bank. Henan Rural Credit Cooperative is a local financial institution directly led and managed by the Henan Provincial Party Committee and the provincial government. Founded in 195 1, it is subordinate to China People's Bank and China Agricultural Bank successively, and then directly managed by Henan Provincial Party Committee and provincial government. After more than 60 years of development and reform, it has become a local financial institution with more than 130 county-level cooperatives, many rural commercial banks and cooperative banks, more than 5,300 business outlets and more than 80,000 employees. The balance of deposits and loans ranks first among banking financial institutions in Henan Province. It is the main financial force to support and serve agriculture, countryside and farmers, and it is also an important part of China's finance.

Rural credit cooperatives are rural cooperative financial units approved by the People's Bank of China, and their members are self-employed and collective.