Jiangsu Bank is a modern joint-stock commercial bank formed by the merger and reorganization of city commercial banks in Wuxi, Suzhou and Nantong 10 in Jiangsu Province.

Jiangsu Rural Credit Cooperatives Association is a pilot unit for the reform of rural credit cooperatives in China. It is a local financial institution jointly funded by Jiangsu Rural Commercial Bank and Rural Credit Cooperatives, approved by Jiangsu Provincial Government and China People's Bank, and has the qualification of independent enterprise legal person.

Rural commercial banks are joint-stock local financial institutions composed of farmers, rural industrial and commercial households, enterprise legal persons and other economic organizations.

In other words, the above three units are different in nature, so Jiangsu Bank, Jiangsu Rural Commercial Bank and Jiangsu Rural Credit Cooperative are not a banking system.

Extended data:

1, Jiangsu Rural Credit Cooperative

Under the leadership of the provincial government, Jiangsu Rural Credit Cooperatives Association is responsible for the industry management, guidance, coordination and service functions of rural commercial banks and rural credit cooperatives in the province.

Headquarters has Development Planning Committee, Audit Committee, Risk Management Committee, Nomination Committee and Remuneration Committee.

Functional departments: Office, Ministry of Personnel and Education, Development Planning Department, Business Management Department (Fund Adjustment Center), Finance and Accounting Department (Clearing Center), Science and Technology Department (Computing Center), Audit Department and Supervision and Security Department.

2. Business scope of Jiangsu Bank

Absorb public deposits; Issue short-,medium-and long-term loans; Handle domestic settlement; Handle bill acceptance and discount; Issuing financial bonds; Acting as an agent to issue, honor and underwrite government bonds and short-term financing bills; Buying and selling government bonds, financial bonds and corporate bonds; Engage in interbank lending; Providing letter of credit services and guarantees;

Acting as an agent for insurance agency business, wealth management on behalf of customers, fund sales, precious metal sales, collection, payment and custody of funds and trust plans; Provide safe deposit box business; Handling entrusted deposit and loan business; Engaged in bank card business; Foreign exchange deposits; Foreign exchange loans; Foreign exchange remittance; Foreign currency exchange; Settlement and sale of foreign exchange, acting as an agent for forward settlement and sale of foreign exchange;

International settlement; Self-operated and valet foreign exchange transactions; Inter-bank foreign exchange lending; Buying and selling or acting as an agent to buy and sell foreign currency securities other than stocks; Credit investigation, consultation and witness business; Other businesses approved by online banking, banking supervision institutions and relevant departments.

Baidu Encyclopedia-Jiangsu Rural Credit Union

Baidu encyclopedia-rural commercial bank

Baidu Encyclopedia-Jiangsu Bank