What kind of bank is Jianping Hongshan Village Bank?

Village bank is a banking financial institution established in rural areas with the approval of China Banking Regulatory Commission in accordance with relevant laws and regulations, which is jointly funded by domestic and foreign financial institutions, domestic non-financial institutions, corporate legal persons and domestic natural persons. It mainly provides financial services for local farmers, agriculture and rural economic development. They are new rural financial institutions, formal and legal commercial banks, integrating policy and business. Different from the branches of other commercial banks, rural banks belong to the first-class legal entity, which has a high degree of independent operation and decision-making power, flexible operation, efficient decision-making and thoughtful service.