Agriculture _ ANK _ HINA(ABC) was founded in 195 1 year. Headquartered at 69 Jianguomen Inner Street, Beijing. Agricultural Bank of China is an important part of China's financial system. It provides various products and services for corporate banks and retail banks, and also carries out financial market business and asset management business. Its business scope also covers investment banking, fund management, financial leasing, life insurance and other fields.
The Agricultural Bank of China has formulated a medium-and long-term development strategy of "operating locally and globally", formulated an overseas development plan and actively laid out major international financial centers. In the next step, ABC will continue to base itself on China, firmly grasp the internationalization of RMB, corporate customers and financial assets, and lay out international institutions in a focused and step-by-step manner.
In addition, ABC has successively become partners with Credit Agricole, Citibank, Hang Seng Bank, Standard Chartered Bank and Bank of Montreal, and cooperated in the fields of international payment of global bill of exchange business and RMB settlement of cross-border trade, thus building a global commodity futures trading team and becoming the mainstream force in this international market; Through five to 10 years' efforts, China Agricultural Bank will be built into an international large-scale commercial bank with branches covering major global financial markets, 24-hour foreign exchange fund operation and global foreign exchange transnational settlement capacity.
By the end of 20 16, the total assets of China Agricultural Bank195,706 10 billion yuan, loans and advances of 9.71963.9 billion yuan, deposits of15,038,005,438+0 billion yuan, and the capital adequacy ratio. By the end of 20 16, the Agricultural Bank of China had 23,682 domestic branches, including the head office, the head office's sales department, three franchised institutions, 37 tier-one branches (municipalities directly under the central government), 365 tier-two branches (including provincial branches' sales departments) and 3,506 tier-one branches (including municipalities directly under the central government, municipalities' sales departments and tier-two branches' sales departments). Overseas branches include 10 overseas branches and 3 overseas representative offices. Agricultural Bank of China has 14 major holding subsidiaries, including 9 in China and 5 abroad.