Back البنك الزراعي الصيني Arabic Bangko Agrikultural kan Tsina BCL Agricultural Bank of China Catalan Agricultural Bank of China Danish Agricultural Bank of China German Ĉina Agrikultura Banko Esperanto Banco Agrícola de China Spanish Txinako Nekazaritza Bankua Basque بانک کشاورزی چین Persian Agricultural Bank of China Finnish

Agricultural Bank of China

Agricultural Bank of China
Native name
中国农业银行
Company typePublic
ISIN
IndustryFinancial services
Founded10 July 1951 (1951-07-10)
HeadquartersBeijing, China
Key people
Zhao Huan (President)
ProductsFinance and insurance, consumer banking, corporate banking, investment banking, investment management, global wealth management, private equity, mortgages, credit cards
RevenueIncrease CN¥602.56 billion
$153.9 billion (2020)[1][2]
Increase CN¥251.67 billion
$36,6 billion (2018)[1]
Increase CN¥202.63 billion
$29.5 billion (2018)[1]
Total assetsIncrease CN¥22.609 trillion
$3.286 trillion (2018)[1]
Total equityIncrease CN¥1.67 trillion
$243 billion (2018)[1]
Owner
Number of employees
Decrease 467,631 (2020)[3]
Chinese name
Simplified Chinese中国农业银行
Traditional Chinese中國農業銀行
Alternative Chinese name
Simplified Chinese农行
Traditional Chinese農行
Websiteabchina.com

Agricultural Bank of China (ABC), also known as AgBank, is one of the "Big Four" banks in China. It was founded on 10 July 1951, and has its headquarters in Dongcheng District, Beijing.[4] It has branches throughout mainland China, Hong Kong, London, Tokyo, New York, Frankfurt, Sydney, Seoul, and Singapore.

ABC has 320 million retail customers, 2.7 million corporate clients, and nearly 24,000 branches. It is China's third-largest lender by assets. ABC went public in mid-2010, fetching the world's biggest ever initial public offering (IPO) at the time,[5] since overtaken by the Saudi Arabian state-run petroleum enterprise, Saudi Aramco.[6] In 2011, it ranked eighth among the Top 1000 World Banks,[7] by 2015, it ranked third in Forbes' 13th annual Global 2000 list[8] and in 2017 it ranked fifth.[9] In 2023, Agricultural Bank of China was ranked #4 in Forbes' Global 2000 (World's Largest Public Companies).[10] It is considered a systemically important bank by the Financial Stability Board.

  1. ^ a b c d e "Annual Report 2018". Agricultural Bank of China Limited. 26 April 2019. Archived from the original on 31 May 2019. Retrieved 29 May 2019.
  2. ^ "Financial Statements for Agricultural Bank of China Ltd - Google Finance".
  3. ^ "Agricultural Bank of China at Fortune's website".
  4. ^ "Contact Us Archived 2014-02-26 at the Wayback Machine." Agricultural Bank of China. Retrieved on 27 February 2014. "Address:No.69, Jianguomen Nei Avenue, Dongcheng District, Beijing, P.R.China,100005"
  5. ^ AgBank to pay $248mln in IPO fees, lowest of Big 4 Archived 10 March 2012 at the Wayback Machine, 15 July 2010
  6. ^ Turak, Natasha (11 December 2019). "Saudi Aramco shares surge 10% as historic IPO begins trading". CNBC. Retrieved 25 August 2020.
  7. ^ "Top 1000 World Banks 2011 - The Banker". The Banker. Archived from the original on 2 July 2011. Retrieved 6 June 2011.
  8. ^ "Forbes' 13th Annual Global 2000: The World's Biggest Public Companies". 6 May 2015. Archived from the original on 12 May 2014. Retrieved 9 May 2014.
  9. ^ "The World's Largest Banks in 2017: The American Bull Market Strengthens". Forbes. Archived from the original on 13 May 2018. Retrieved 12 May 2018.
  10. ^ "The Global 2000". Forbes. Archived from the original on 29 January 2024. Retrieved 29 January 2024.

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