Agricultural Bank of China

Agricultural Bank of China is one of the big four state-owned commercial banks in the People's Republic of China. The other three are Industrial and Commercial Bank of China, China Construction Bank and Bank of China. The Agricultural Bank of China was founded in 1951 and is based in Beijing, and its listing in mid-2010 was the world’s largest initial public offering at the time.

Audit office finds flaws at 13 big state firms

10 May 2013

China Mobile, China Construction Bank, Agricultural Bank of China and 10 other big state-owned firms have been accused by the National Audit Office of various management and accounting...

4:39AM

Banks complete buyback, more coming?

12 Apr 2013

New statements from two of China's top four banks indicate a recent share buyback by their state-owned controlling stakeholder is done, raising the question of just how effective the program was...

5:30PM

Outgunning the West

29 Mar 2013

Mainland China's largest banks capped a sixth year of record profits by posting a 21 per cent average return on equity (ROE), more than twice the rate earned by US and European competitors led by...

5:25AM

Chinese lenders see robust profit growth

26 Mar 2013

The mainland's two biggest lenders yesterday reported double-digit growth in their net profit last year, but analysts warned the pace would slow as bad loans rose and interest rate liberalisation...

5:31AM

AgBank adds traders for dim sum sales

19 Feb 2013

ABC International, a unit of the mainland's third-largest bank, plans to hire more traders for yuan bonds in Hong Kong, expecting issuance to rise further after tripling in two years to a record...

6:35AM

Big Four's new-loans quota for 2013 'close to 3tr yuan'

19 Jan 2013

The four biggest mainland banks by assets are expected to get a 35 per cent share of the country's new-loan quota of 8.5 trillion yuan (HK$10.6 trillion) this year, maintaining their dominance...

5:12AM

Opinion

Attempts to diversify China's reserves have been a disaster

4:45AM

Howard Winn

China is like the EU; provinces are its member states

5:26AM

Fresh loans down at big four state banks

The "big four" state-controlled banks doled out fewer new loans last month than in November, spurring hope that mainland banks might have put the brakes on lending.

4:08AM

Big Four mainland banks book 23.6pc drop in new loans in November

As the growth of loans on the mainland continues to decelerate, the Big Four banks' new lending fell 23.6 per cent last month from October.

3:23AM

CCB's 12.4pc profit growth lags two main rivals

China Construction Bank (CCB), the second-largest mainland lender by assets, reported slower profit growth than its mainland peers in the third quarter as China's weaker economy resulted in more...

5:08AM

EARNINGS

Agricultural Bank Q3 results beat forecasts

Agricultural Bank of China posted a forecast-beating net profit growth of 16 per cent in the third quarter from a year ago, and analysts think increased demand for loans on the mainland will buoy...

2:52AM

Rise in bad loans at mainland banks no threat to profits

The level of non-performing loans is expected to keep rising at mainland banks, but analysts say the relatively slow pace is unlikely to weigh on their profits this year.

2:35AM

BANKING

Are China's Big Four banks primed for an offshore plunge?

As the euro-zone debt crisis deepens, market speculation is growing quickly about whether China's capital-rich Big Four banks will take the rare chance to acquire some European rivals, even though...

4:15AM