Shanghai Rural Commercial Bank Company Description

Shanghai Rural Commercial Bank Co., Ltd. engages in commercial banking business in China.

The company provides public deposits, short-term, medium-term, and long-term loans, domestic and foreign settlements, bill acceptance and discounting, and safe deposit box services.

It also offers financial leasing and other services, including foreign exchange settlement and sale business, and buys and sells government and financial bonds.

In addition, the company acts as an agent for the issuance, redemption, and underwriting of government bonds, and handles the collection and payment of funds and insurance business.

Further, it engages in interbank lending and bank card services. The company offers foreign exchange deposits, loans, remittances, and international settlements, as well as interbank foreign exchange lending, credit investigation, consulting, and witnessing services.

The company was formerly known as Shanghai Rural Credit Co-operatives Union and changed its name to Shanghai Rural Commercial Bank Co., Ltd. in August 2005.

Shanghai Rural Commercial Bank Co., Ltd. was incorporated in 2005 and is headquartered in Shanghai, China.