China ** newspaper reporter Ma Jiaxin.
Provincial rural commercial banks will add another one! Recently, Hainan Rural Credit Cooperatives announced that the preparatory team has completed all the work in the establishment stage of Hainan Rural Commercial Bank (hereinafter referred to as "Hainan Rural Commercial Bank"), and is tentatively scheduled to hold the founding meeting and the first meeting of the shareholders' meeting on March 3, 2024. 
During the year, the third provincial rural commercial bank was establishedIt is reported that on January 15 this year, the State Administration of Financial Supervision and Administration announced a number of announcements on the approval of the preparation, expressing its agreement to prepare for the establishment of Guangxi Rural Commercial United Bank, Sichuan Rural Commercial United Bank and Hainan Rural Commercial Bank. From the perspective of the payment time, Guangxi Rural Commercial United Bank was approved for establishment on December 15, 2023, and Hainan Rural Commercial Bank and Sichuan Rural Commercial United Bank were approved on December 29, 2023. Up to now, Guangxi Rural Commercial United Bank and Sichuan Rural Commercial United Bank have been officially opened, and the Hainan Rural Commercial Bank is about to hold the first meeting of the founding meeting and the shareholders' meeting, which also means that the third provincial rural commercial bank is coming this year. It is reported that preparations for the establishment of the Hainan Rural Commercial Bank have been made for a long time. As early as May 2023, the ** company Qiongzhong Rural Credit announced that Qiongzhong Rural Credit Cooperative, as a member of the Hainan Rural Credit System, plans to establish Hainan Rural Commercial Bank by means of a new merger with the Hainan Rural Credit Cooperatives Association and 18 other agricultural cooperative institutions. According to the official website, Hainan Rural Credit Cooperatives were born in 1951 and are the earliest local financial institutions established in Hainan. On August 10, 2007, with the approval of the former China Banking Regulatory Commission (now the State Administration of Financial Supervision and Administration), the Hainan Rural Credit Cooperatives Association was established, which was under the provincial management and entrusted by the province to undertake the management, guidance, coordination and service functions of Hainan Rural Credit Cooperatives. As of the end of December 2023, it has 8 rural commercial banks, 11 city and county associations, more than 460 business outlets, and nearly 7,000 employees. It is expected to become a rural commercial bank with the highest capital in the countryJudging from the current information, after the establishment of Hainan Rural Commercial Bank, it is expected to become the rural commercial bank with the highest registered capital in the country. It is reported that in December 2023, Hainan Province publicly issued 10 billion yuan of special bonds to support the development of small and medium-sized banks, and all the funds raised from the special bonds issued will be used to supplement the capital of the proposed Hainan Rural Commercial Bank. At the same time, the Hainan Provincial Department of Finance subscribed for shares of Hainan Rural Commercial Bank to supplement its capital by means of indirect access shares through Hainan Finance Group. According to the bond issuance documents, the Hainan Provincial Rural Credit Cooperatives Association and 19 agricultural cooperative institutions plan to establish Hainan Rural Commercial Bank by means of a new merger. After the establishment of the bank, the legal personality of the former agricultural cooperative institution will be cancelled, and all its assets, business, creditor's rights and debts, and personnel will be directly undertaken by Hainan Rural Commercial Bank. In addition, according to the information previously announced by Hainan Expressway, another shareholder of the soon-to-be-established Hainan Rural Commercial Bank, the proposed registered capital of Hainan Rural Commercial Bank is 22 billion yuan, surpassing the current Liaoning Rural Commercial Bank, which ranks first in the registered capital of rural commercial banks. According to the previous data of Hainan Rural Credit Cooperative, as of the end of April 2023, the total book assets of 20 legal entities (1 provincial association, 8 rural commercial banks and 11 associations) of Hainan Rural Credit Cooperatives were 3,3422 billion yuan, of which the loan balance is 1818$1.2 billion; Total liabilities amounted to 31082.4 billion yuan, of which the deposit balance is 28866.8 billion yuan, with a total net profit of 159.3 billion yuan. Editor: Captain Review: Xu Wen.