Shandong Rural Credit Cooperative was established in 195 1 year. It has experienced ups and downs for more than 60 years. It was born and grew with agriculture, from small to large, from weak to strong, and made outstanding contributions to increasing farmers' income, increasing agricultural production and rural economic and social development in various historical periods of New China.
After the establishment of Shandong Provincial Association, Shandong Provincial Credit Cooperatives were guided to adhere to the business philosophy of "steady operation and steady development" and the development direction of building a "local and community-based joint-stock cooperative retail bank", and constantly moved towards first-class financial institutions.
The province's credit cooperatives adhere to the purpose of serving agriculture, rural areas and farmers, vigorously carry out rural credit project construction, and push
We will carry out micro-credit loans and joint guarantee loans for farmers, implement loan vouchers and counter loans, and strive to solve the problem of farmers' "loan difficulties". By constantly improving the service function of supporting agriculture, it has truly become the main force supporting agriculture and the financial link connecting agriculture, rural areas and farmers. By the end of 2006, the balance of rural credit cooperatives' agricultural loans in the province was 654.38+0.78 billion yuan, accounting for 95% of the province's agricultural loans. The balance and increment of agricultural loans ranked first in the same industry in China for three consecutive years.
In the coming period, the rural credit cooperatives of the whole province will strive to build a standardized modern banking institution in 5-6 years, and make positive contributions to the construction of new countryside and the social and economic development of the whole province.
In 2006, the work of rural credit cooperatives in the province achieved remarkable results, and the main operating indicators reached the best level in history. By the end of February 2006, the balance of deposits and loans of credit cooperatives in the province reached 343.3 billion yuan, and the balance of loans reached 269.9 billion yuan, achieving a book profit of 3.5 billion yuan. The balance of deposits and loans ranks first among all banking financial institutions in the province and third in the same industry in China.