Christian groups run thousands of schools and hospitals as well as business enterprises such as rural banks.
In addition, the People's Bank of China cut its reserve requirement ratio for large banks for the first time since December 2008, following a modest easing for small rural banks last month.
China's city and rural commercial banks accounted for 43% of the wealth-management products issued in January, up from 33% issued a year earlier.
"China's city and rural commercial banks don't have the scale of major banks and so need to offer higher returns to be able to pull customers away from their bigger competitors, " Mr. Ye said.
With more than 800 million rural inhabitants, these banks represent the principal savings institutions for rural Chinese.
Opponents, from the banking sector and community groups, predicted that Wal-Mart will expand its plan, leading to the closure of independent banks serving rural markets.
Looking at returns on assets and equity between 1996 and 2003, they conclude that the profitability of local banks serving single rural markets was dented by the presence of more broadly based competitors.
Small, local banks, for instance, might serve the rural poor well, but regulators are reluctant to license such banks in case they go bust.
He also wants the postal bank to provide loans as a way to revitalise rural regions, further infuriating other Japanese banks.
With the closure of so many rural post offices, village shops and banks, some see the churches as ideal centres to supply many of these services.
ECONOMIST: Church of England: Counting the doomsday option | The
A., who meets two women a high-powered socialite (Elizabeth Banks) and a quirky rural misfit (Michelle Williams) and spends the rest of the film stumbling into the right choice.
For example: with big bang unleashing competition between private-sector firms, some banks may neglect remote and unprofitable rural areas.
Foreign banks have just 21 ATMs in rural India, home to 830m people.
We must bring the spark of private enterprise to every community in America -- to inner cities and remote rural areas -- with more support for community development banks, empowerment zones and 100, 000 vouchers for affordable housing.
Rural markets tend to be more concentrated than urban ones and the banks that served them enjoyed far higher returns than their city-dwelling counterparts.
It has now shut 17 "under-used" banks in Wales since 2009, but they have not all been in rural areas.
But two government-owned banks the National Housing Bank and the National Bank for Agriculture and Rural Development have agreed to provide funds to finance companies so that they can offer mortgages to such buyers.
Despite high borrowing costs, farmers have invested heavily over the past decade (partly because the state-owned banks have repeatedly rolled over farmers' debts, in response to pressure from the powerful rural lobby in Brazil's Congress).
Rural industries have long been starved of credit, though their needs are better met by microcredit lenders than private banks.
FORBES: Standard Chartered First In Line As Myanmar Mulls Foreign Bank Licenses
应用推荐