Nature Description of Jiangsu Changjiang Commercial Bank

Jiangsu Changjiang Commercial Bank Co., Ltd. is a developing small commercial bank, the third city commercial bank in Jiangsu Province after Jiangsu Bank and Nanjing Bank, and its head office is located in Jingjiang City, Jiangsu Province, a port city in the middle of the Yangtze River Delta with developed economy. Over the years, we have cultivated in the fertile soil of urban finance, and the asset quality, operating performance and main core supervision indicators have entered the ranks of excellent joint-stock commercial banks in China. From 20 10, it is committed to cross-regional operations. Following the opening of Taizhou Branch and Yangzhou Branch, the establishment of branches in other economically developed central cities has also been fully launched. Rural areas have become another hot spot for major financial institutions. Jiangsu Changjiang Commercial Bank officially opened in Jingjiang City, Jiangsu Province on June 65438+1October 65438+1October 2008, becoming the first commercial bank with its head office in a county-level city in Jiangsu Province. As rural banks, small loan companies, city commercial banks and other financial institutions have entered the rural financial market, the curtain of rural financial competition has also been opened. Jiangsu Changjiang Commercial Bank, formerly known as Jiangsu Changjiang Urban Credit Cooperative, was established in 1988. In June 2003, Jiangsu Changjiang Urban Credit Cooperative became the only urban credit cooperative in Jiangsu, and in September 2007, it was renamed Jiangsu Changjiang Urban Credit Cooperative Co., Ltd.

In June, 2005, Changjiang Urban Credit Cooperative took the lead in joining the national modern large-sum payment system by direct connection in Taizhou, and realized electronic remittance with all financial institutions in China. In March, 2006, we joined the micropayment system and embarked on the high-speed channel of modern settlement, ending the history of poor external settlement channels of small financial institutions.

Since its establishment, Jiangsu Changjiang Commercial Credit Cooperative has always adhered to a sound management idea and is known as "a financial giant growing up in the cracks". It is reported that since its establishment 20 years ago, the credit cooperatives have granted loans of more than 30 billion yuan to small and medium-sized enterprises in Jingjiang, which has supported a number of small enterprises to become bigger and stronger and promoted local economic development. By the end of 2008, the proportion of non-performing loans was 1.36%, and the main regulatory indicators reached or approached the standards of domestic excellent joint-stock commercial banks. As of 20 12, the first batch of 10 microfinance companies approved by Jiangsu Provincial Finance Office and a number of microfinance companies have started business; At the end of last century, the Agricultural Bank of China, which merged rural outlets on a large scale, is returning to the rural market in an all-round way. In September, HSBC initiated the establishment of a second village bank in Chongqing; On September 26th, Bank of Communications initiated and controlled Xingmin Village of Dayi Bank of Communications. 654381October 7, two loan subsidiaries of Citigroup were approved, which provided a new model for foreign banks to intervene in the rural market. Some rural financial researchers pointed out that the establishment of these new financial institutions will greatly strengthen competition, because the introduction of a new competition mechanism is conducive to restoring the vitality of the entire rural finance. Only when there is competition can there be vitality, and the reform of rural financial system can really be further promoted. The perfection of rural financial system and the improvement of rural financial service level will inevitably promote the coordinated development of urban and rural finance and urban and rural economy.