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Rural Credit Cooperatives

In: Banking in China

Author

Listed:
  • Violaine Cousin

Abstract

Rural areas are served by a few formal financial institutions: the ABC, the RCCs, the postal savings system as well as the Agricultural Development Bank of China (ADBC),1 a policy bank. Their main role is to provide financial services to local farmers and agricultural enterprises and to support the economic development of rural areas. The following will concentrate on RCCs (details of the postal savings system can be found in the annex) which are the most important rural financial institutions (Table 14.1).

Suggested Citation

  • Violaine Cousin, 2007. "Rural Credit Cooperatives," Palgrave Macmillan Studies in Banking and Financial Institutions, in: Banking in China, chapter 14, pages 150-161, Palgrave Macmillan.
    • Handle: RePEc:pal:pmschp:978-0-230-59584-2_14
    DOI: 10.1057/9780230595842_14
    as

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