Traditional Culture Encyclopedia - Traditional festivals - Reasons for the dissolution of several village banks
Reasons for the dissolution of several village banks
1. In order to compete for business, "involution" among major banks has intensified. Village banks have weak management ability, small assets and low social awareness, and their business growth is greatly challenged, so they decided to merge and dissolve.
2. Poor governance, short development time of rural banks in China, uneven shareholders, poor corporate governance, poor internal control and many other industry problems eventually led to dissolution.
3. Poor profitability, the income of rural banks can not cover the cost, resulting in poor returns and eventually dissolution.
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