By the end of 2021, there are 1,651 rural banks in China
accounting for about 36% of the total number of banking financial institutions in China
According to the China Banking and Insurance Regulatory Commission, as of the end of 2021, there were 1,651 rural banks in China, accounting for about 36% of the total number of banking financial institutions in China.
Affected by various factors, the risk level of a few rural banks has risen rapidly, and related problems are more prominent.
According to the statistics of the central bank, as of the second quarter of 2021, a total of 122 rural banks are high-risk institutions, accounting for about 29% of all high-risk institutions.
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