Agricultural Bank of China engages in the provision of international commercial banking and financial services. Agricultural Bank of China is a state-controlled commercial bank based in Beijing, China. The bank provides personal and corporate banking products, such as loans and deposits, to individuals and corporate clients. Agricultural Bank of China offers customers banking services in more than 30 countries, including Asia, Europe, North America, and Latin America.
The Agricultural Bank of China (ABC) is one of the largest banks in the world. It is also a key player in the Chinese financial sector, with a major focus on international banking. ABC is a state-owned bank with shareholders the People's Bank of China and the State Council of China.
Company Overview
The predecessor of the Bank is Agricultural Cooperative Bank, established in 1951. Since the late 1970s, the Bank has evolved from a state-owned specialized bank to a wholly state-owned commercial bank and subsequently a state-controlled commercial bank. The Bank was restructured into a joint stock limited liability company in January 2009. In July 2010, the Bank was listed on both the Shanghai Stock Exchange and the Hong Kong Stock Exchange, which marked the completion of our transformation into a public shareholding commercial bank.
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