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The Agricultural Bank of China (ABC), also known as AgBank, is a Chinese partially state-owned multinational banking and financial services corporation headquartered in Beijing, China. It is one of the " big four " banks in China, and the second largest bank in the world by total assets, behind the Industrial and Commercial Bank of China .
The bank was established in 1994 and supports rural infrastructure development. [ 2 ] : 209 Its main responsibilities are to raise funds based on national credit in accordance with national laws, regulations and policies, undertake agricultural policy financial services, act as an agent for the allocation of fiscal support funds for agriculture ...
China's Reserve Requirement Ratio for large banks. China's banking sector had CN¥417 trillion (US$58.54 trillion) in assets at the end of 2023. [1]The "Big Four" state-owned commercial banks are the Bank of China, the China Construction Bank, the Industrial and Commercial Bank of China, and the Agricultural Bank of China, all of which are among the largest banks in the world as of 2018.
Since 2021, China's stock market has been struggling thanks to a variety of factors: the country’s aggressive zero-COVID policies, a real estate crash and debt crisis, and more.
As young Chinese adults opt for fur babies over real babies, the bank expects the country’s pet food market to flourish to a $12 billion industry by 2030. The report also forecasts China’s cat ...
The central bank of the People's Republic of China is the People's Bank of China, a component of the State Council, the Central Government of China. The People's Bank of China is mainly responsible for issuing the Renminbi and administering its circulation, in addition to formulating and implementing monetary policy in accordance with Chinese ...
China Agri-Industries Holdings has five operating divisions with total revenues in 2010 of HK$53.49 billion and profit of HK$1.283 billion. In order of relative size, the divisions include oilseed processing, biofuels and biochemical, rice trading and processing, wheat processing and brewing materials. Oilseed processing comprised nearly two ...
PLTR Revenue (TTM) data by YCharts According to consensus analyst estimates, Palantir's 2024 revenue will be $2.7 billion, a 30% increase over 2023. AI could reasonably fuel prolonged growth, but ...