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When was the rural commercial bank established?
The development of Agricultural Bank of China has gone through five stages.

The first stage (195 1 year-1952): China Agricultural Cooperative Bank was formally established in August, but it was cancelled in August due to the streamlining of its organization.1952.

The second stage (1955 ——1957): Agricultural Bank of China was established in March1955.

1957 In April, the State Council decided to merge the Agricultural Bank of China with the People's Bank of China.

The third stage (1963-1965):19631. 10, the NPC Standing Committee passed a resolution to approve the establishment of the Agricultural Bank of China as a directly affiliated institution of the State Council. According to the decision of the Central Committee and the State Council on the establishment of China Agricultural Bank, this agricultural bank institution was established.

However, in the situation of streamlining institutions, with the approval of the state, China Agricultural Bank and China People's Bank merged again in June 1965 1.

The fourth stage (1979-1994):1978 65438+in February, the * * * Central Committee's decision (draft) on accelerating agricultural development adopted by the Third Plenary Session of the Eleventh Central Committee clearly put forward "to restore the Agricultural Bank of China and vigorously develop rural credit undertakings.

1In February 1979, the State Council issued the Notice on Restoring Agricultural Bank of China, and decided to formally resume the fifth stage of Agricultural Bank of China (from1April 1994):1February 1993, the State Council made the Decision on Financial System Reform, demanding that unified supervision and management be gradually established in the People's Bank of China through reform.

According to the arrangement of the People's Bank of China,1April, 1994, China Agricultural Development Bank and China Agricultural Bank were established separately, and the policy business such as the supply and management of grain, cotton and oil purchase funds were separated from the Agricultural Bank. According to1People's Republic of China (PRC) Commercial Bank Law, which was promulgated and implemented in June, 1995, Agricultural Bank of China began to gradually explore the operation mechanism of modern commercial banks.

1In August, 1996, the State Council made the Decision on the Reform of Rural Financial System, calling for the establishment and improvement of a rural financial system based on cooperative management, with division of labor and cooperation between commercial finance and policy management.

The Agricultural Bank of China conscientiously implemented the spirit of the Decision, unified its thinking and took the overall situation into consideration under the circumstances of many contradictions, tight time and great pressure, actively supported the Agricultural Development Bank to set up branches below the provincial level, and supported the reform of rural credit cooperatives to break away from the administrative subordination of the Agricultural Bank.

From 65438 to 0997, China Agricultural Bank basically completed its historical mission as a national specialized bank and began to enter a new historical period of truly transforming into a state-owned commercial bank.