Reform of small and medium-sized financial institutions "speeds up", seventy-two rural banks are deregistered and exit within the year.

Recently, in the Tianjin area, a "village merging village" case reappearedTianjin Huaming Village Bank absorbed and merged with Tianjin Ninghe Village Bank, and the latter was renovated into a branch, both initiated by Shandong Shouguang Rural Commercial Bank. Cases of "village merging village," "village transforming into branches," and "village transforming into branches" are frequent, and the integration and reorganization of rural small financial institutions are becoming more diverse. According to the Securities Times reporter, as of April 20, more than 70 village banks have been approved for dissolution this year. At the same time, including state-owned large banks and joint-stock banks, many banks are accelerating the "acquisition" of their village banks, and some banks have already achieved "zero" in terms of the number of village banks established.