Research On Village Banks Services Rural Economy In Zhejiang Province

Village banks in service "three rural" as the fundamental purpose of the new type of ruralfinancial institutions is an important part of modern rural financial system. Formation of villagebanks, is of great significance to solve the problem of low coverage of financial institutionscoverage of the rural areas, lack of financial supply, inadequate competition. China BankingRegulatory Commission to promote the development of rural banks, to adjust and to relax bankingfinancial institutions in rural areas to access the policy to open rural banks in rural areas in thecounty, this policy is a fundamental starting point is no longer just dwell on the reform of the stockbut while stock reform, focusing on support and foster incremental part to ease the current countyrural areas, small businesses, small businesses, farmers loans.Zhejiang Province as a new type of rural financial institutions in the second batch of pilotprovinces, since its inception in2008the first rural bank, rural bank rapid development, and itsnumber of corporate bodies, the number of outlets rising loan expanding servicesthe number ofhouseholds increasing. Rural bank with its innovative rural finance loans run mode, flexibleoperational mechanism,"rural" financial supply and financial support. The village banks appear toactivate Zhejiang Province county rural financial markets, to promote the supply of the maincompetition in the market, However, as the new thing, in the process of the development of therural banks, there are many problems.Through the use of qualitative and quantitative analysis method of combining the first servicestatus of the rural economy of the rural banks in Zhejiang Province are described: rural banks inZhejiang Province since2008First, its size and business was constantly momentum ofdevelopment, and achievedcertain results. However, as a new thing, the development of ruralbanks in Zhejiang network coverage is low, inadequate funding, loan-to-deposit ratio and therelatively high number of problems; Secondly, Zhejiang village banks serving the rural economyadvantages: Zhejiang rural banks serve the farmers targeted, rapid increase in size and businessloans to farmers; means of rural banks in Zhejiang Province, flexible business model; Zhejiangprivate capital adequacy, the main originating bank competitiveness; the Zhejiang Rural Banknative, popularity, geo-dominant; Finally, on the basis of analysis of the status quo and advantagesof the rural banks in Zhejiang Province a series of problems in the service of the rural economy,and put forward policy recommendations to do a better job of rural economy, rural banks inZhejiang Province services provide policy reference.