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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 ...
Gu Shu (Chinese: 谷澍; pinyin: Gǔ Shù; born August 1967) is a Chinese banker and politician, currently serving as party secretary and chairman of the Agricultural Bank of China. Previously he served as governor of the Industrial and Commercial Bank of China from 2016 to 2020.
China's top four lenders - Industrial and Commercial Bank of China, Agricultural Bank of China Ltd, Bank of China and China Construction Bank - are designated as global systemically important ...
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.
Agricultural Bank of China, one of China's four massive, state-owned banks, is ranked as the world's third-largest bank with $2.7 trillion in assets, according to S&P Global. In March 2001, he was appointed assistant president of Agricultural Bank of China, nine month later, he rose to become vice-president. In January 2009 he was promoted ...
China's biggest state-controlled lenders are likely to report stronger earnings for last year on the back of a surging economy that accelerated loan growth while bad loans shrank by 49 per cent as ...
The Bank of Taiwan Building on the Bund served as Shanghai headquarters for the Farmers Bank of China between 1945 and 1949 [3]. The Farmers Bank was founded on 1 April 1933 in Hankou (modern day Wuhan) from the amalgamation of provincial agricultural banks in Henan, Hubei, Anhui and Jiangxi.