Jiangsu Nantong Rugao Baoshang Village Bank Co., Ltd. (hereinafter referred to as "Nantong Rugao Baoshang Village Bank") is the first village bank initiated by the joint-stock commercial bank Baoshang Bank in Jiangsu Province with the approval of Jiangsu Banking Regulatory Bureau. Nantong Rugao Baoshang Village Bank was established on February 30, 2010/kloc-0. Its registered place is Jiuhua Town, Rugao City, Jiangsu Province. At the beginning of its establishment, its registered capital was 30 million yuan. After one year's operation and development, its registered capital has increased to1100,000 yuan.
As a new rural financial institution, Nantong Rugao Baoshang Village Bank has added vitality to the development of Rugao agriculture, rural areas and small and micro enterprises. "Based on the county, serving agriculture, rural areas and farmers" is the business purpose of Nantong Rugao Baoshang Village Bank. It has the advantages of low entry threshold, flexible approval mechanism, fast business processing and short decision-making chain, and adheres to the business philosophy of providing customers with high-quality, convenient and efficient financial services wholeheartedly.
Since its establishment, Rugao Baoshang Village Bank has been committed to improving corporate governance and organizational structure. Organizational structure: shareholders' meeting, board of directors and board of supervisors. The Board of Directors has a Board Office and an Audit Department. The management consists of comprehensive management department, finance department, risk management department, small business finance department, agriculture, rural areas and farmers finance department, business development department, head office sales department and Rugao Port, Baipu and Banjing branches. In June, the head office moved and Jiuhua Branch was established. Form a corporate governance structure and management framework with clear rights and responsibilities, coordination and efficiency, mutual checks and balances and mutual coordination. By the end of May 20 15, * * had 99 cadres and workers.
Scope: Absorbing public deposits; Issue short-,medium-and long-term loans; Handle domestic settlement; Handle bill acceptance and discount; Acting as an agent to issue, honor and underwrite government bonds; Engage in interbank lending; Engaged in debit card business; Acting for collection and payment; Other businesses approved by China Banking Regulatory Commission. (Projects subject to approval according to law can only be operated after approval by relevant departments)