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Two more banks were absorbed and merged!

2024-08-21

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On August 19, the Hebei Financial Regulatory Bureau issued a number of approvals regarding the reform of village banks within its jurisdiction.


Specifically:





Agree to Chengde County Hengsheng Rural Bank to absorb and merge Pingquan Hengsheng Rural Bank, and took over the assets, liabilities, businesses and employees of Pingquan Hengsheng Rural Bank;






Agree to Hebei Zhengding Rural Commercial Bank to absorb and merge Zanhuang Longxing Village BankAfter the absorption and merger is completed, Hebei Zhengding Rural Commercial Bank will inherit the claims and debts of Zanhuang Longxing Rural Bank;






Agree to Zhejiang Wenzhou Ouhai Rural Commercial Bank to acquire the shareholder shares of Luquan Hengsheng Rural Bank and Zhengding Hengsheng Rural BankAfter the transfer was completed, Zhejiang Wenzhou Ouhai Rural Commercial Bank's shareholding ratio in the above two village banks was changed to 100%.


In recent years,The reform of village banks is progressing steadily


Since 2024, there have beenGuangdong, Sichuan, ShanxiThe merger of several banks under the jurisdiction of the township banks was approved.Main sponsor bank absorption mergeris the main method, but it also appears frequentlyAbsorption merger between rural commercial banks and village banks


It is worth noting that the absorbed village banks were converted into branches."Village-to-branch" reform is becoming a trend


On August 19, Changsha Bank held its first extraordinary shareholders' meeting in 2024 and approved a proposal for Changsha Bank to acquire Qiyang Rural Bank and set up a branch. If the above acquisition is completed, Qiyang Rural Bank will be dissolved and its industrial and commercial registration will be cancelled, and all its assets will be inherited by Changsha Bank.


In July this year, Dongguan Bank was approved to acquire its Chang'an Rural Bank and Dongguan Houjie Huaye Rural Bank, and set up branches.

Reporter Du Xiaojin

Edited by Han Yeqing

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