Tuesday, January 25, 2011

each loan balances has reached

2010 year end, chongqing agriculture businesses through bypass Hong Kong, won the first merchant IPO laureate of farmers, however the a-share market "gate" remains of agriculture, businesses closed. Enter 2011, this situation is expected to obtain a breakthrough. Recently, according to media reports, zhangjiagang, wujiang, changshu and jiangyin four agriculture business bydestroying IPO apply to receive the CBRC approval. If rumours are correct, four Banks collective approved, no doubt, adumbrative after long waiting, farming firm a-share listed unfolds ended in open.

This is the "four agriculture business qualification old, assets optimal", it is one of the top farmers firm. Among them, zhangjiagang, jiangyin, changshu three as the national first formed by rural credit cooperatives reform of rural commercial bank. At the end of 2001, it is these three rural commercial bank was founded in China opened up in the rural financial system reform of curtain.

A.twenty years, in rural areas of China's rapid economic development at the same time, the above four farming firm performance and asset scale is steady and fast growth.

The latest figures show that by the end of 2010, jiangyin farming businesses each deposit balance has super 430 billion yuan, 30 billion yuan, and achieve operational efficiency of 10 million yuan, total assets has breached 500 billion yuan. For many years, the performances in the whole province rural financial institutions ranked first in the country, the top team in rural commercial bank.

And it is early in 2007 will first into listed coach period of zhangjiagang agriculture business, its performance also highlights and their fine assets and operating characteristics is a big sponsors. By the end of 2009, zhangjiagang farming businesses each deposit balance 262.25 billion yuan, loan balances reach 180.05 billion yuan, 13.51% capital adequacy ratio, the core capital adequacy 13.20%, much more than the current regulatory red line, Bad loans, lower 0.95% only main commercial Banks bad loans.

Another wujiang merchant by the end of 2010 the farmers selling assets totaled 395.27 billion yuan, in suzhou merchant system and agricultural province rural cooperative financial system is among the best, Capital adequacy 15.75%, core capital adequacy 13.29%.

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