Is there a difference between rural commercial banks and rural commercial joint-stock companies?

Yes, Rural Commercial Bank Co., Ltd. is a local joint-stock bank. Formerly known as rural credit cooperatives. At present, there are three main forms of rural credit cooperative system: rural credit cooperatives, rural cooperative banks and rural commercial banks. Among them, rural cooperative banks and rural commercial banks are rural credit cooperatives that have completed the shareholding system reform. Rural commercial banks deposit, withdraw money, lend money and do business.