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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.
- About half of new loans issued by China’s big six banks last year went to individual property buyers, despite Beijing’s orders to lend to private companies
- Total business loans fell by half in 2018, while individual housing loans only slowed by 6.3 per cent
US economist Michael Pettis of Peking University says China GDP is overestimated as bad debt is not written down.
US economist Michael Pettis of Peking University says China GDP is overestimated as bad debt is not written down.
Least capitalised of the mainland’s Big Five state-owned lenders plans to sell up to 27.5 billion shares to seven major institutions, including the Finance Ministry, Central Huijin Investment, and China National Tobacco
Least capitalised of the mainland’s Big Five state-owned lenders plans to sell up to 27.5 billion shares to seven major institutions, including the Finance Ministry, Central Huijin Investment, and China National Tobacco
Agricultural Bank of China times its move with regulators’ plans to allow banks more ways to replenish their capital
Agricultural Bank of China times its move with regulators’ plans to allow banks more ways to replenish their capital
Massive deal compares with total IPO fundraising on the A-share market last year of US$36.36 billion
Massive deal compares with total IPO fundraising on the A-share market last year of US$36.36 billion
With 23,547 branches at the end of last year, Agricultural Bank of China has one of the biggest networks of any bank in the world. But its reach does not far go beyond the mainland.
With 23,547 branches at the end of last year, Agricultural Bank of China has one of the biggest networks of any bank in the world. But its reach does not far go beyond the mainland.
Bad debt at the mainland's biggest banks continued to climb in the third quarter, sparking a warning on mounting risk and potential corporate defaults from a top central bank official.
Bad debt at the mainland's biggest banks continued to climb in the third quarter, sparking a warning on mounting risk and potential corporate defaults from a top central bank official.
Agricultural Bank of China, the mainland's third-largest lender in terms of market capitalisation, saw the slowest profit growth since its 2010 listing but last year's results were in line with market expectations, with slightly improved credit quality and a more or less stable lending margin.
Agricultural Bank of China, the mainland's third-largest lender in terms of market capitalisation, saw the slowest profit growth since its 2010 listing but last year's results were in line with market expectations, with slightly improved credit quality and a more or less stable lending margin.
Agricultural Bank of China is marketing a sale of US dollar bonds as the cost of dollar debt for Chinese borrowers slides to the lowest in more than four years.
Agricultural Bank of China is marketing a sale of US dollar bonds as the cost of dollar debt for Chinese borrowers slides to the lowest in more than four years.