Are rural commercial banks and rural credit cooperatives banks?

No, the main differences between them are as follows.

1, with different unit properties.

Rural commercial banks are joint-stock commercial banks; The nature of rural credit cooperatives is rural cooperative financial institutions.

2. Different shareholders.

The shareholders of rural commercial banks are composed of farmers, rural industrial and commercial households, enterprise legal persons and other economic organizations within their jurisdiction; Shareholders of rural credit cooperatives are members.

3. The conditions for establishment are different.

According to Article 8 of the Interim Provisions on the Administration of Rural Commercial Banks, the registered capital is not less than 50 million yuan, and the capital adequacy ratio reaches 8%; According to Article 8 of the Interim Provisions on the Administration of Rural Credit Cooperatives, the establishment condition of rural credit cooperatives is that the registered capital is not less than 5 million yuan.

Extended data:

Conditions for the establishment of rural commercial banks:

1, with articles of association in compliance with these provisions;

2. No less than 500 promoters;

3, the registered capital of not less than 50 million yuan, the capital adequacy ratio reached 8%;

4. Before its establishment, the total assets of rural credit cooperatives within its jurisdiction were more than 654.38+0 billion yuan, and the proportion of non-performing loans was below 654.38+0.5%;

5. There are senior managers with professional knowledge and business experience required for the post;

6. Have a sound organizational structure and management system;

7. Having business premises, safety precautions and other business-related facilities that meet the requirements;

8. Other conditions stipulated by China Banking Regulatory Commission.

Baidu Encyclopedia-Interim Provisions on the Administration of Rural Credit Cooperatives in Provinces (autonomous regions and municipalities directly under the Central Government)

Baidu Encyclopedia-Interim Provisions on the Administration of Rural Commercial Banks