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The Development Course of Cixi Rural Cooperative Bank
On June 27th, 2003, the State Council issued the Notice on Deepening the Pilot Reform of Rural Credit Cooperatives (Guo Fa [2003] 15), which put forward the overall reform requirements of "clarifying the property right relationship, strengthening the restraint mechanism, enhancing the service function, giving appropriate support by the state and making local governments responsible".

In order to implement the management responsibility and strengthen the management of rural credit cooperatives, according to the relevant requirements of the State Council, on the basis of the former Zhejiang Credit Cooperative Association and under the leadership of the Zhejiang Provincial Government, the provincial rural credit cooperative association was established on April 18, 2004. As a provincial management organization, the provincial rural credit cooperatives undertake the functions of "management, guidance, coordination and service" to the rural credit cooperatives in the province. The establishment of the provincial association marks that the rural credit cooperatives in the province have entered a new historical development period. The reform of property right system is the focus of the reform of rural credit cooperatives. After research by the provincial party committee and government, the rural credit cooperatives in the whole province implemented a unified joint-stock cooperative property right system and set up qualification shares and investment shares in this property right system reform. The organizational forms are rural cooperative banks, county-level cooperatives with unified legal person, and cooperatives with secondary legal person temporarily retained.

Under the leadership of Zhejiang Provincial Leading Group for Deepening the Reform of Rural Credit Cooperatives, with the guidance and help of Cixi Municipal People's Government, the Municipal People's Bank and the Banking Supervision Department, Cixi Credit Cooperatives launched the reform of rural credit cooperatives from June 5 to 10, 2004. According to the spirit of the Implementation Plan for Deepening the Reform of Rural Credit Cooperatives in Zhejiang Province (Zhejiang Provincial Party Committee Office [2004] No.5), the mayor's office meeting in February decided to set up a leading group for deepening the reform of rural credit cooperatives in Cixi City, with the main leaders of the municipal government as the team leader and the leaders in charge as the deputy team leader, and the members included finance, taxation, auditing, industry and commerce, economic restructuring commission, People's Bank of China, banking supervision department and credit cooperatives, and set up a leading group of the municipal government. Based on the fact that the regional economy is developed, the financial market is prosperous, and the credit cooperatives are large in scale and strong in strength, our city decided to set up Cixi Rural Cooperative Bank in the form of joint-stock cooperative system on the basis of Cixi Rural Credit Cooperatives. Merge 23 independent accounting legal person institutions in the city into one legal person unit, establish a corporate governance structure, implement centralized management and unified accounting, and operate as a whole. At the same time, the property right system should be clarified, and the joint-stock system should be introduced on the basis of cooperative system, so that the property right relationship of rural credit cooperatives can be clarified and the supervision and restraint mechanism can be strengthened.

In 2005, the rural credit cooperatives in our city entered the substantive stage of property right system reform, and successfully completed the work of clearing assets, clearing old shares, increasing capital and expanding shares. , and recruited 479 1 farmers and rural individual industrial and commercial households, 1 credit union employees and 1 enterprise legal persons and other economic organizations as sponsors throughout the city. 6247 promoters * * * subscribed for 402.584 million shares. 165438+1On October 26th, the inaugural meeting of Cixi Rural Cooperative Bank and the first meeting of the first shareholders' meeting, the first meeting of the first board of directors and the first meeting of the first board of supervisors were held. After a series of preparatory work such as preparation and application for opening, China Banking Regulatory Commission approved the opening of Ningbo Cixi Rural Cooperative Bank on February 20th, 65438. On February 28th, 65438, Cixi Rural Cooperative Bank held a grand opening ceremony. On this day, Cixi Rural Cooperative Bank officially opened. Since then, Cixi's cooperative finance has opened a new historical chapter.