What bank does Guangzhou Rural Commercial Bank belong to?

Guangzhou Rural Commercial Bank and China Merchants Bank are both commercial banks.

Guangzhou Rural Commercial Bank, headquartered in Guangzhou, formerly known as Guangzhou Rural Credit Cooperative, was established in 195 1 year, with a development history of more than 50 years. The first rural credit cooperative in Guangzhou was established in1951; Guangzhou Rural Credit Cooperative Association was established in September 2006, 1998, and started business in 10, 2006, successfully completing the reform of unified legal person system. On June 5438+February 1 1 day, 2009, with the approval of China Banking Regulatory Commission, Guangzhou Rural Commercial Bank Co., Ltd. officially opened.

According to the website of Guangzhou Rural Commercial Bank, as of the end of February, 2015,65438, the bank's total assets were 580.9 billion yuan, a year-on-year increase of 22.9%. The balance of various deposits was 3,965,438.05 billion yuan, a year-on-year increase of 65,438+00.5%. The balance of various loans was 223.6 billion yuan, a year-on-year increase of 20.3%. In 20 15 years, the operating profit was10.5 billion yuan, a year-on-year increase of 23.2%. The net profit of Guangzhou Rural Commercial Bank in the first three quarters of 2020 was 4.26 billion.