What is Rural Commercial Bank? Is it a state-owned enterprise or a collective bank?

First introduce the issuance

Baidu Encyclopedia:

Company name: Agricultural Development Bank of China

Foreign name: ADBC, AGRICULTURAL DEVELOPMENT BANK OF CHINA

Headquarters location: No. 2, Yuetan North Street, Xicheng District, Beijing

Established: April 19, 1994

Business scope: Agriculture Policy financial business, agency for fiscal funds to support agriculture

Annual turnover: 29.88 billion yuan (2009)

Registered capital: RMB 20 billion

China Agriculture Development Bank is China's only agricultural policy bank directly under the leadership of the State Council. In November 1994, it was established in accordance with the "Notice on the Establishment of the Agricultural Development Bank of China" issued by the State Council of the People's Republic of China and the People's Republic of China on April 19, 1994 (State Development Bank). No. 199425) was established. Its main responsibilities are to raise funds in accordance with national laws, regulations, guidelines and policies, based on national credit, undertake agricultural policy financial services prescribed by the state, act as an agent for the allocation of fiscal support funds for agriculture, and serve agriculture and rural economic development. At present, the system has 31 provincial branches, more than 300 second-level branches and more than 1,600 county business institutions. It has a professional agricultural policy finance team of more than 50,000 people and a service network all over mainland China.

Na~ Students who have read our previous articles about policy banks or are in our public policy bank group know that there are three policy banks: the Export and Development Bank of China and the Agricultural Development Bank of China. The other two do not have many branches in the country due to business reasons. They only have branches in a few key cities, which are too high-end. The biggest difference between Agricultural Development Bank of China and the other two banks is that it has thousands of branches, covering most counties and cities in China.

What does the Agricultural Development Bank test?

Test content: Comprehensive practical test (70 60) Personality test (72 does not count)

No English test, application essay cancelled

Announcement time: Released on October 24

Written test time: November 19

Written test location: Test centers will be established at the locations of the head office and provincial branches (Lhasa There are no test centers, and test centers are set up in Dalian, Xiamen and Qingdao). Once the test location is determined, it cannot be changed.

Finally answer the question: Is the Agricultural Development Bank of China a bank or a public institution?

Although the Agricultural Development Bank of China is a state-owned agricultural policy bank established by the State Council, it is also directly under the leadership of the State Council. Theoretically speaking, it belongs to a public institution. However, according to the directory of central financial enterprises on the website of the Ministry of Finance, the Agricultural Development Bank of China is a central financial enterprise managed according to public institutions. (As shown below)

So: Agricultural Development Bank is a public institution or a bank?

Answer: Agricultural Development Bank is a unit directly under the State Council, a non-profit organization, and one of the three policy banks. Nature of enterprise, state-owned enterprise.