rural credit cooperatives
Hunan Rural Credit Cooperative Association is a local financial institution at the official level, which is established by four municipal-level associations and 1 18 county-level associations in Hunan Province with the approval of relevant state departments in accordance with relevant laws and regulations, and performs management, coordination and service functions on behalf of the provincial government.
Its main functions are: to urge rural credit cooperatives to implement national financial policies and support agriculture; Formulate industry self-discipline management system and supervise its implementation; Guide rural credit cooperatives to improve corporate governance institutions and improve internal control systems; Counseling and auditing the business operation, financial activities, employment, social security and internal management of rural credit cooperatives; Urge rural credit cooperatives to elect directors and supervisors according to law, and to elect and appoint senior managers; Guide rural credit cooperatives to prevent and deal with financial risks; Guide and coordinate electronic construction; Guide staff training and education; Coordinate the relationship between relevant parties and safeguard the legitimate rights and interests of rural credit cooperatives; Organize the transfer of funds between rural credit cooperatives; Participate in the capital market and finance rural credit cooperatives; Handling or acting as an agent for capital settlement and settlement business of rural credit cooperatives; Provide information consulting services. The provincial association does not handle loans to public deposits.
Development situation
After more than 50 years' development, Hunan Rural Credit Cooperatives have become the main force of rural finance and the financial link connecting farmers, playing an increasingly prominent role in supporting the rural economic development in our province and playing an irreplaceable role. By the end of March 2005, the balance of rural credit cooperatives in the province was 1008. 7.6 billion yuan, accounting for 16 of the total deposits of financial institutions in the province. 6%, accounting for 65,438+05% of the total deposits, and the total amount and increment of loans rank third and 65,438+0 respectively in the financial institutions in the province. Among them, the amount of agricultural loan is 12 1. 2.5 billion yuan, accounting for 5 1% of the total loans, accounting for 93% of the total agricultural loans of financial institutions in the province. 3%。