Overview of Agricultural Bank of China

The predecessor of the bank can be traced back to the Agricultural Cooperative Bank established by 195 1 Since the late 1970s, banks have experienced different stages of development, such as national specialized banks, wholly state-owned commercial banks and state-controlled commercial banks. On June+10, 2009, the Bank was restructured into a company limited by shares. On July 20 10, the Bank was listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange respectively.

As one of the major integrated financial service providers in China, the Bank is committed to building a world-class commercial bank group with obvious operating characteristics, efficient and convenient services, complete functions and outstanding value creation capabilities. With its comprehensive business portfolio, huge distribution network and leading technology platform, the Bank provides customers with various products and services of corporate banking and retail banking, and also conducts financial market business and asset management business, covering investment banking, fund management, financial leasing, life insurance and other fields. By the end of 20 16, the Bank's total assets195,706 10 million yuan, loans and advances 97196.39 million yuan, deposits1503,800,5438+0 million yuan, and capital adequacy ratio.

By the end of 20 16, there were 23,682 domestic branches of the Bank, including the headquarters of the Head Office, the sales department of the Head Office, three franchised institutions of the Head Office, 37 tier-one branches (directly affiliated), 365 tier-two branches (including the sales departments of provincial branches) and 3,506 tier-one branches (including the sales departments of municipalities directly under the Central Government and directly affiliated branches). Overseas branches include 10 overseas branches and 3 overseas representative offices. The Bank has 65,438+04 major holding subsidiaries, including 9 domestic and 5 overseas.

Since 20 14, the Financial Stability Board has included this bank in the list of global systemically important banks for three consecutive years. In 20 16, the Bank ranked 29th in Fortune Global 500. In the ranking of British Banker magazine 1 0,000 global banks, the bank ranks fifth in tier 1 capital. The credit rating of Standard & Poor's issuer of the Bank is A/A- 1, and the default rating of Huiyu Long/Short-term Issuer is A/F 1.