XINGFU COUNTY BANK CO.,LTD

Xingfu Rural Bank Co., Ltd

Xingfu rural bank is a banking financial institution under Changshu Rural Commercial Bank (stock abbreviation: Changshu bank; Stock Code: 601128) group and approved by China Bank Insurance Regulatory Commission. By the end of 2019, Xingfu village bank has set up 31 independent legal entities in China, registered in Haikou City, Hainan Province. It is the first investment management Village Bank approved by the Insurance Regulatory Commission of the Bank of China, with registered capital of 1.38 billion yuan. It officially opened on September 19, 2019, and controls and manages shares by the end of 2019 The above 30 legal person Xingfu rural banks in Hubei, Jiangsu, Henan and Yunnan. As a new type of banking institution, the investment management bank has been entrusted with important functions: first, to invest in the new establishment, merger and acquisition of village and town banks nationwide; second, to provide professional management and services for village and town banks; third, to carry out traditional banking business in Haikou, the registered place, to help the construction of Hainan free trade zone.

By the end of June 2019, the total deposit of 30 "Xingfu" rural banks is 13.314 billion yuan, the total loan is 14.702 billion yuan, the number of loan households is 83000, the average loan is 180000 yuan, and the overall non-performing rate is less than 1%.

Organization distribution

Management characteristics

Always adhere to the orientation of supporting agriculture and supporting small businesses. Since the establishment of the first Xingfu village bank, we have always adhered to the market positioning of supporting agriculture and supporting small businesses, with the business philosophy of "small and beautiful, small and excellent", and adjusted the traditional credit business according to the small and micro finance mode, so as to realize the full coverage of micro loan technology.

Based on the underdeveloped counties in central and Western China. By the end of 2019, 22 of the 31 Xingfu village and town banks have been set up in the central and western counties, covering 16 national poverty-stricken counties. At the same time, more than 100 convenient service points such as "Xingfu post station" and "micro bank" have been set up in towns, villages and communities.

We will help thousands of people start businesses and revitalize the countryside. 90% of the loans of Xingfu rural banks are related to agriculture, and more than 75% of them are operating loans. There are nearly 50000 operating loan customers, with an average loan of 180000. They actively help thousands of people to start businesses and serve the Rural Revitalization with practical actions.

management service

Pilot operation of the country's first investment management bank, the establishment of credit business, inclusive finance, risk compliance, financial operations, human resources, comprehensive management, audit and seven management departments and Haikou business department, the implementation of line, professional management.

We should establish a remote centralized platform, strengthen the backstage centralized management, strengthen the support of science and technology and channels, and strengthen the ability of rural banks. At the same time, in terms of personnel training, financial support and other aspects, we continue to improve service.

Development vision

Give full play to the advantages of the first investment management bank in China, further improve the intensive and professional management ability, make the existing village banks better and better, promote the new establishment of legal entities and mergers and acquisitions, constantly improve the national layout of Xingfu village banks, and build the first brand of village banks in China with the spirit of craftsmanship.