Introduction to Wenling Rural Cooperative Bank

Zhejiang Wenling Rural Cooperative Bank opened for business on June 23, 2005. Its predecessor was Wenling Rural Credit Cooperative, which consists of 19 branches (business departments), 49 branches, and 6 savings banks. Office, 679 employees. By the beginning of 2008, the bank's various local and foreign currency deposit balances reached 10.35 billion yuan, becoming the first county-level financial institution in Taizhou City with deposits exceeding 10 billion yuan. The bank's loan balance reached 6.45 billion yuan, of which the agricultural loan balance reached 5.112 billion yuan, accounting for 79.2% of the total loans, and assumed 99.6% of the agricultural loans of the city's financial institutions. The non-performing loan rate was 0.97%, and the deposit and loan ratio reached 77.16%. The deposit and loan scale ranked first among county-level financial institutions in Taizhou City.