Agricultural Bank of China (ABC) is one of the major integrated financial service providers in China. Committed to building a world-class commercial bank group with obvious operating characteristics, efficient and convenient service, complete functions and outstanding value creation ability. With its comprehensive business portfolio, huge distribution network and leading technology platform, ABC provides customers with all kinds of corporate banking and retail banking products and services, and also conducts financial market business and asset management business, covering investment banking, fund management, financial leasing, life insurance and other fields. By the end of 20 16, total assets195,70610 billion yuan, loans and advances 9.71963.9 billion yuan, deposits150,380,054.38+03 billion yuan, and capital adequacy ratio/.
By the end of 20 16, there were 23,682 domestic branches, including the head office, the sales department of the head office, three franchised institutions of the head office, 37 tier-one (directly affiliated) branches, 365 tier-two branches (including provincial branches) and 3,506 tier-one branches (including municipalities directly under the central government, directly affiliated branches and tier-two branches). Overseas branches include 10 overseas branches and 3 overseas representative offices. The Bank has 65,438+04 major holding subsidiaries, including 9 domestic and 5 overseas.
Since 20 14, the Financial Stability Board has included ABC in the list of global systemically important banks for three consecutive years. In 20 16, it ranked 29th in the Fortune Global 500. In the ranking of British Banker magazine 1 1,000 global banks, Tier 1 capital ranks fifth. The credit rating of Standard & Poor's issuer of Agricultural Bank of China is A/A- 1, and the default rating of Yu Huichang/short-term issuer is A/F 1.