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Has Shaanxi Xinhe changed its name to Qinnong Bank?
Yes, Shaanxi Xinhe has changed its name to Qinnong Bank.
On June 15, 2015, Qinnong Bank, the fifth largest rural commercial bank in the country, was inaugurated in Xi'an. The full name of Qinnong Bank is Shaanxi Qinnong Rural Commercial Bank Co., Ltd. It is a joint-stock rural commercial bank established on the basis of the merger and reorganization of six urban rural credit cooperatives in Xi'an through capital increase, share expansion and equity optimization. Its total assets reach With a capital of 77.7 billion yuan, it is the banking institution with the largest capital in Shaanxi Province; its capital ranks fifth among rural commercial banks in the country.
Qinnong Bank is a provincial local financial institution and the largest banking institution in terms of capital in the province.
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