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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 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 ...
A branch of Nanjing Rural Credit Cooperative Union A rural credit cooperative (RCC) ( Chinese : 农村信用合作社 ) or ( simplified Chinese : 农村信用社 ; traditional Chinese : 農村信用社 ; pinyin : nóngcūn xìnyòngshè ) is a cooperative or credit union sanctioned by People's Bank of China to provide credit in the rural areas ...
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 ...
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]
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.