Agricultural Bank of China (ABC) is a large listed bank in China and one of the five largest banks in China. Originally established in 195 1 (xinmao year), it is the first state-owned commercial bank established in new China and an important part of China's financial system, with its head office in Beijing. Agricultural Bank of China has been ranked among the top 500 enterprises in the world for several years, and ranked among the top 7 in "Global Banking 1000", with Moody's credit rating of A 1. In 2009, Agricultural Bank of China was transformed from a wholly state-owned commercial bank to a modern joint-stock commercial bank, and completed the "A+H" listing on 20 10, ranking fifth among the listed banks in the world in terms of total market value. In 20 15, it ranked 23rd among the top 500 Chinese brands sponsored by China Brand Value Research Institute.

banking

Agricultural Bank of China has branches all over the country, becoming a large modern commercial bank with the largest number of branches and the widest business scope in China. The business field has developed from the initial agricultural credit and settlement business to a complete variety, combining local and foreign currencies, and can handle various international and domestic financial businesses. The business scope of China Agricultural Bank has changed from the initial agricultural credit and settlement business. It mainly includes: deposit service/comprehensive loan service/foreign exchange financing/RMB financing/overseas financing on behalf of customers/bank card/remittance settlement/safe deposit box rental payment service/overseas financial service/electronic banking service/private banking/financing business/domestic payment settlement/international settlement/fund-related business/corporate financial service/financial institution service. At the same time, it also provides a variety of corporate banking and retail banking products and services, and conducts self-operated and agency fund business, covering investment banking, fund management, financial leasing, life insurance and other fields.

Rmb business

Absorb public deposits; Issue short-,medium-and long-term loans; Handle domestic and international settlement; Handle bill discount; Issuing financial bonds; Acting as an agent to issue, honor and underwrite government bonds; Buying and selling government bonds; Engage in interbank lending; Buying and selling, acting as an agent to buy and sell foreign exchange; Providing letter of credit services and guarantees; Agency payment and insurance agency business, etc.

foreign exchange business

Foreign exchange deposits; Foreign exchange loans; Foreign exchange remittance; Foreign currency exchange; International settlement; Acceptance and discount of foreign exchange bills; Foreign exchange loans; Foreign exchange guarantee; Settlement and sale of foreign exchange; Issuing and acting as an agent to issue foreign currency securities other than stocks; Buying and selling foreign currency securities other than stocks and acting as an agent; Conduct foreign exchange transactions on behalf of customers; Credit investigation, consultation and witness business.