- CEO
- Shu Gu
- Full Time Employees
- 457,835
- Sector
- Financial Services
- Industry
- Banks - Diversified
- Address
- No. 69, Jianguomen Nei Avenue Beijing BE People's Republic of China 100005
- IPO Date
- Mar 14, 2012
- Business
- Agricultural Bank of China Limited (ABC) provides comprehensive corporate and retail banking products and services to a broad range of customers throughout China and internationally. The bank operates through Corporate Banking, Personal Banking, Treasury Operations, and Others segments; corporate banking includes demand, time, foreign currency, and negotiated deposits, housing, consumer, auto, business, fixed asset, working capital, real estate, and syndicated loans, trade finance, guarantees, investment banking, cash management, and settlement services; personal banking encompasses personal deposits, loans, credit and debit cards, private banking, wealth management, fund collection, and automatic transfer services; treasury operations cover money market and repurchase transactions, debt instruments, precious metals, and derivatives; and other activities comprise agro-related banking, financial leasing, fund management, asset custody, insurance agency, and reinsurance products. ABC maintains an extensive network with over 22,877 domestic branches and sub-branches across China, plus 13 overseas branches in locations including Hong Kong, London, New York, Tokyo, Sydney, Seoul, Frankfurt, and Singapore. Founded in 1951 as the Agricultural Cooperative Bank and headquartered at No. 69 Jianguomen Nei Avenue, Dongcheng District, Beijing, the bank restructured into a joint stock limited liability company in January 2009 and listed on the Shanghai and Hong Kong Stock Exchanges in July 2010. In recent developments, ABC reported total assets of RMB43.24 trillion, customer loans of RMB24.91 trillion, and deposits of RMB30.31 trillion as of end-2024, with a net profit of RMB282.7 billion and capital adequacy ratio of 18.19%; it formed a joint venture with BNP Paribas for asset management in 2024, achieving assets under management exceeding RMB7.6 billion by mid-year; its financial asset investment arm participated in a RMB5 billion capital increase for Seres Automobile in June 2025; and it sustained its No. 3 global ranking by Tier 1 capital while implementing strategies in rural revitalization, inclusive finance, green finance, and digitalization.