China Naming Network - Eight-character query< - Will Shanghai Rural Commercial Bank go bankrupt?
Will Shanghai Rural Commercial Bank go bankrupt?
Banks will not fail.
Shanghai Rural Commercial Bank was established on August 25th, 2005. It is a corporate bank controlled by state-owned assets and headquartered in Shanghai. It is the first provincial joint-stock commercial bank based on rural credit cooperatives in China. Therefore, Shanghai Rural Commercial Bank will not close down.
In the "Top 202 1 Global Banks 1000" published by The Banker, Shanghai Rural Commercial Bank ranked149th in the global banking industry, up 4 places from 2020. In 2020, the national 100 banks ranked 24th, and the national rural commercial banks ranked second; Ranked187th in the 202 1 "Top 500 Global Bank Brand Value Rankings" published by British brand evaluation agency Brand Finance, up 6 places from 2020.