Agricultural Bank of China

US Bond Market Overview

Agricultural Bank of China (ABC) was founded in 1949, and is one of the four large state owned commercial banks of China with head offices in Beijing. ABC has extensive outlets covering both urban and rural areas of China.
It has set up branches in Singapore and Hong Kong and established offices in London, Tokyo and New York. ABC is the bank with widest service range in China. Their mission is to help individuals and businesses provide safe, reliable, and easy banking facilities to their customers.

The bank has 478,895 employees.

The areas of operation of ABC are:
– International Business
– Personal Banking
– Corporate Banking
– Online Banking or E–Banking
– Kinscard, or Bank Cards
– HR Management
– Public Welfare

Key Statistics:

– Total assets held by ABC in 2006 amounted to $591,186.5 millions.
– Total profit made by ABC in 2006 is $127.4 million. There has been a –47.3% change in profits from 2004.
Countries of operation:
– Singapore
– Hong Kong

And offices in:
– London
– Tokyo
– New York

International Ranking

– Agricultural Bank of China ranks 377th in the world according to the Fortune Magazine in 2006.

Headquarter Address:

A23 Fuxing Rd.,
Beijing, 100036
China
Phone: 86–10–6821–6807