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On 1 April 1987, it was restructured and re-commenced operations as the first state-owned bank in China. [citation needed] Postal Savings Bank of China has the most outlets of any retail bank in China (~40,000). [3] Over 80% of its outlets accompany China Post post offices. [citation needed]
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 .
Nanjing City Commercial Bank (NCCB) was founded in 1996 through a merger of 40 urban credit cooperatives in the city of Nanjing. [2] [3] In November 2001, the International Finance Corporation (IFC) acquired a 15% stake in NCCB for US$27 million. The funding would be used to strengthen the bank's capital base and institutional capacity. [2] [4]
In 2010, Agricultural Bank of China broke ICBC's IPO record when it raised $22.1 billion. China's largest commercial bank was also the first company to debut simultaneously on both the Hong Kong and Shanghai stock exchanges. ICBC raised at least US$14 billion in Hong Kong and another US$5.1 billion in Shanghai .
Rating Action: Moody's assigns A1 rating to MTN drawdowns by Agricultural Bank of China, New York BranchGlobal Credit Research - 11 Jan 2022Hong Kong, January 11, 2022 -- Moody's Investors Service ...
Bank of China; Bank of India; Booyoung Khmer Bank [9] Cambodia Asia Bank; Cambodia Commercial Bank; Cambodia Mekong Bank; Cambodia Post Bank PLC [10] Cambodian Public Bank; Canadia Bank; Cathay United Bank (Cambodia) CIMB Bank PLC; First Commercial Bank [11] Foreign Trade Bank of Cambodia [12] Hong Leong Bank Berhad; Industrial and Commercial ...
Agricultural Bank of China (1 C, 2 P) Agricultural Development Bank of China (1 C) Asian Infrastructure Investment Bank (1 C, 1 P) B. Bank of China (1 C, 33 P)
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.