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Agricultural Bank of China was established in 195 1. Headquartered at 69 Jianguomen Inner Street, Beijing. It is a large state-owned commercial bank and a national vice-ministerial unit. Agricultural Bank of China is an important part of China's financial system. It provides various products and services for corporate banks and retail banks, and also carries out financial market business and asset management business. Its business scope also covers investment banking, fund management, financial leasing, life insurance and other fields.

Agricultural Bank of China, whose predecessor can be traced back to the Agricultural Cooperative Bank established by 195 1, is the first professional bank established in the new China period and the first state-owned commercial bank established in new China.