Research On Reforming Of Changbai Shan Rural Commercial Bank

Rural credit cooperatives, an important part of rural finance in China, is the main force tosupport “farmers, agriculture and rural areas”. The quality of the development of rural creditcooperatives will greatly improve the efficiency of financial services in rural areas, will promotestably the construction of a new socialist countryside, and is also related to the social, politicaland overall strategy of national economy. However, the existing rural financial system cannotmeet the diverse needs of the financial of rural economic development. In recent years, the role ofrural credit cooperatives, as the main force to support agriculture, is not obvious. Thecharacteristics and the function of Cooperation Finance is almost lost. The NPL(non-performingloans)rate becomes bigger, resulting in many high risk rural credit cooperatives with supervisoryratings bellow5B. The reform on property right of rural credit cooperatives is imminent, havingbecoming the most important on the rural financial system reform.The overall economic development and the success of the reform of rural financial system inthe country are closely tied to the reform of rural credit cooperatives. Its strategic significancecan’t be ignored. From the nineteen-fifties to the present, the inner contradicitons of countrysidecooperation financing gradually highlights. The property rights is unclear, the internal governancestructure is chaotic. The reform of property right system of rural credit cooperatives to solve theseproblems is slowly exploring. Therefore, it is also the research purpose of my thesis or startingpoint.In2010, the CBRC issued for the guidance of the high risk of the merger and acquisition ofrural credit cooperatives(CBRC,[2010],71st) and the guidance on accelerating the transformationof rural cooperative financial institution shares(CBRC,[2010],92st),submitted that you can "merger and acquisition of high risk sector " so that " accelerating joint-stock system reform ofrural credit cooperatives ".This article is guiding with the theory of monetary andfinancial,cooperation economic theory,, property rights system, the reform of the ruralcommercial bank in Changbai mountain proctection zone as the case, systematically analyses thatmerger and acquisition to achieve joint-stock transformation can defuse the high risk of ruralcredit cooperatives and this is the new way. Besides, this article provides the theoreticalfoundation and realistic guidance for merger and acquisition, pointing the way.