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Are China Agricultural Bank and Rural Credit Cooperatives the same bank?
1. Rural credit cooperatives and Agricultural Bank are not the same bank.

2. Rural credit cooperatives refer to the rural cooperative financial institutions established with the approval of the People's Bank of China, which are composed of members' shares, implement democratic management, and mainly provide financial services for members. Rural credit cooperatives are independent enterprise legal persons, which are responsible for the debts of rural credit cooperatives with all their assets and enjoy civil rights according to law. Its property, legitimate rights and interests and business activities carried out according to law are protected by state laws. Its main task is to raise idle funds in rural areas and provide financial services for agriculture, farmers and rural economic development. In accordance with national laws and financial policies, organize and standardize rural funds, support agricultural production and comprehensive rural development, support various forms of cooperative economy and family economy, and limit and crack down on usury. Rural credit cooperatives are divided into the following departments: Rural Credit Cooperatives, International Finance Department of Rural Credit Cooperatives, Zheng Tong Rural Credit Cooperatives Training School, Credit Department of Rural Credit Cooperatives, etc. It is a department under the dual leadership of CBRC and the State Council.

3. Agricultural Bank of China (ABC) is a large listed bank in China and one of the five largest banks in China. Originally established in 195 1 (xinmao year), it is the first state-owned commercial bank established in new China and an important part of China's financial system, with its head office in Beijing. Agricultural Bank of China has been ranked among the top 500 enterprises in the world for several years, and ranked among the top 7 in "Global Banking 1000", with Moody's credit rating of A 1. In 2009, Agricultural Bank of China was transformed from a wholly state-owned commercial bank to a modern joint-stock commercial bank, and completed the "A+H" listing on 20 10, ranking fifth among the listed banks in the world in terms of total market value. In 20 15, it ranked 23rd among the top 500 Chinese brands sponsored by China Brand Value Research Institute.

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