The paper takes Jiangsu province as example in Yangtze River Delta, which is economically developed regions. According to previous research and characteristics of rural banks in Jiangsu Province, the input indexes are selected as the number of employees, the number of outlets, total deposits, business and management fees. And the output indexes include total loans, net interest income and net profit. Using DEA model to analyze the operating efficiency of the 65 rural banks in 2016, the paper compares the operating efficiency in different regions and different types of originating bank. The analysis shows that, compared with the central and northern Jiangsu, operating efficiency of rural banks in southern Jiangsu is generally high. The comprehensive technical efficiency value of sample banks that originated by the state-owned banks and joint-stock banks is significantly higher than that originated by rural commercial banks and city commercial banks. Finally, the paper puts forward some suggestions on how to improve the operating efficiency of rural banks.

Asset securitization can well solve the bottleneck problem of China rural banks in supporting the development of agriculture, rural areas and farmers. However, a single entity will face many constraints on issuing credit asset-backed securitization products due to the small scale, short term and high credit risk of loans of rural banks. Therefore, this paper innovatively designs a credit asset-backed securitization product program jointly issued by a number of rural banks from the three aspects of asset pool construction, transaction structure design and credit enhancement, and demonstrates the feasibility of the program with an example, and the results show that the design scheme of asset securitization products is feasible and effective.