Shenzhen Rural Commercial Bank (SRCB) is one of the leading banks in China. It is a part of the CITIC Group, the largest banking and financial services company in the country. SRCB is the first rural commercial bank to receive the approval from the China Banking Regulatory Commission to open its branch in the special economic zone of Shenzhen, opening with the head office located in Longhua District.
SRCB provides a wide range of financial services and products including savings accounts, time deposits, mortgage, personal loan, business loan, foreign exchange, credit cards, debit cards, and internal remittances. It has regional branches in 7 provinces and more than 100 outlets across the region. SRCB is also part of the self-service banking network in China, providing ATM and E-banking services.
The bank’s focus is on the rural banking sector, so they provide special banking services to the rural areas to enable them to gain access to banking facilities and meet their financial needs. These services include deposit services, loan services, payment services and funds transfer services, among others. SRCB also provides support to the local rural-backed firms and small and medium-sized enterprises.
SRCB has also been involved in many financial initiatives such as the launch of the ‘SRCB National Money Fund’, an innovative financial product to promote the development of rural areas in China. The bank also has actively participated in the ‘Internet plus Rural Finance’ project, which works as an online platform to provide comprehensive financial services to the rural areas, providing banking services in remote areas, which otherwise have been inaccessible due to limited banking coverage.
SRCB has invested heavily in digital technologies and innovation, investing in fintech, the cloud, and mobile payments and financial services. This has helped the bank to provide more convenient and efficient services to its customers, as well as better manage risks.
SRCB is committed to providing quality services, while abiding by the principles of social responsibility. The bank is actively involved in CSR think, such as investing in projects that support economic growth and environment development, creating regional economic value chains and social security programs, and providing scholarships for college students to assist them in getting a better education.
SRCB’s success is a testament to its commitment to providing quality banking services and products to the people and organizations. Its innovative financial products, efficient services, and commitment to social responsibility will ensure the bank’s continued growth and success.
