2021 ESG Report
23 2021 ESG Report
CRCBANK 24
Serving Rural Revitalization
CSRC Bank contributes to rural revitalization by full coverage of financial talents in rural areas, opens Xingfu Village
Bank, continuously improves financial accessibility, provides special products and services, and effectively implements
the corporate vision of "Rural Finance Leader".
Introducing Finance Talents to Rural Areas
In order to enhance the organizational guarantee of financial inclusion and rural revitalization, CSRC Bank has
actively explored the mode of financial talents helping rural revitalization, and through comprehensive cooperation
with local communities, CSRC Bank has selected and assigned "Feiyan Specialists of Rural Revitalization " to
achieve full coverage of financial talents in rural areas, providing personnel and mechanism guarantee for the special
action of rural revitalization. In 2021, the cooperation of talents in Changshu's rural areas cover 8 towns, 6 streets, 2
development zones, 214 administrative villages and 116 communities.
"Three steps" to explore the mode of financial talents helping rural revitalization
Step 1
Step 2
Step 3
Build a three-level cooperation
system of "city-town-village"
to achieve two levels of full-
coverage, namely, full-coverage
cooperation between the head
office and 16 towns (streets)
and development zones in
Changshu, and full-coverage
cooperation between branches
in Changshu and local villages
(communities).
select and assign 274 ""Feiyan
Specialists" to full coverage of
financial talentsat town (street)
and village (community) levels
to serve the countryside.
Financial advisors are fully
involved in rural governance
and rural revitalization.
Explore with pilot towns
to carry out "three credit"
construction projects to help
grassroots rural governance.
In order to further enhance the accessibility of rural finance, CSRC Bank established Xingfu Village Bank, the first
investment management village bank in China, to open up a new chapter of financial services for rural revitalization.
By carrying out "joint study and construction of party organizations" and "village courtyard meeting" with two village
committees, CSRC Bank set up a team of "financial officials in village" based on the "village grid" and continued to fill
the financial gap of villages and towns.
Increase the
number of outlets
Issuance of loans
to help farmers
Promote whole-
village credit
Promote online
services
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CSRC Bank has 31 Xingfu village banks under its jurisdiction, 22 of which are located in
the counties of less developed areas in the central and western regions, with a total of 328
branches covering 16 formerly state-designated poor counties, more than 90% of which
are concentrated in towns, villages and communities, gathering more than 70% of credit
resources.
Xingfu village banks vigorously promote Xingfu sites, setting up nearly 95 light outlets in
town and village communities and serving more than one million customers.
By the end of 2021, Xingfu Village Bank had issued over 1.3 billion yuan of poverty
alleviation loans to more than 8,000 poor households, with more than 90% used to support
agriculture and more than 80% invested in the development of small and micro real
economy, involving the renovation of dangerous houses, repair of pig and sheep pens,
farming machinery, seed and pesticide procurement and other fields, helping to promote
rural revitalization with practical actions.
In 2021, the credit scale of the whole village reached 13.185 billion and the number of
households reached 148,000, an increase of 251% and 223% respectively compared
with the beginning of 2021; the credit balance reached 1.673 billion and the number of
households reached 23,000, an increase of 428% and 379% respectively compared with
the beginning of 2021.
Xingfu Village Bank actively explores digital empowerment for financial inclusion and
vigorously develops online services, using mobile banking, small programs and other
channels to realize online loan application, online contract signing and other services.
By 2021, the overall online rate of the village bank had reached 80%, and the number of
online service customers reached 160,000; 30,000 new customers used online products
such as "Xingfu Reserve" and "Fuxing Loan", and 0.5 million credit accounts were used.
Enhancing Financial Accessibility
including
inclusive financial
153 sites
in Changshu
DO
| III.
Case
CSRC Bank Haiyu branch created a community inclusive financial service outlet
The Lidu Garden under Haifu new town community in
Changshu is a community of demolished households in
Haiyu, and there is only one bank within 2 kilometers around,
it's very inconvenient for the people to handle financial
business and purchase daily necessities. In order to enable
the people in the local community to handle business nearby,
CSRC Bank Haiyu branch actively builds the community
inclusive financial service site of Lidu Garden, providing
comprehensive service functions such as payment and
settlement, loan financing, financial management, convenient
payment and daily necessities purchase for the people.
SWRGON
助农支付
飞燕集市
|公众教育
健康服务
CSRC Bank accelerates the construction of
inclusive financial service sites, formulates
the Implementation Plan of Changshu Rural
Commercial Bank for Quality Improvement
and Efficiency Enhancement, and relies on
the brand of "Feiyan Sites" to reach the last
kilometer of financial services according to local
conditions. By the end of 2021, CSRC Bank
had built 238 inclusive financial service sites,
including 153 sites in Changshu, and covering
150 administrative villages.
By the end of 2021,
CSRC Bank had built
238
service sites
covering 150
administrative villagesView entire presentation