The Agricultural Bank of China’s regular one-year interest rates are divided into lump sum withdrawals for lump sum deposits and lump sum withdrawals for small deposits. The interest rate for lump sum deposits and withdrawals is 1.75%, and the interest rate for lump sum withdrawals is 1.35%. As of July 2021, the annual interest rate for a regular one-year term is 1.75. That is, the interest on a deposit of 10,000 yuan per year is 175 yuan.

The Agricultural Bank of China was established in 1951. The head office is located at No. 69 Jianguomennei Street, Beijing. It is a large state-owned bank managed by the central government and a national deputy ministerial level unit.

The Agricultural Bank of China is an important part of China's financial system. It provides a variety of corporate banking and retail banking products and services, and also carries out financial market business and asset management business. Its business scope also covers investment banking and fund management. , financial leasing, life insurance and other fields.

Through 24,064 branches across the country, 30,089 ATMs and 1,171 overseas agent banks around the world, Agricultural Bank of China has the widest branch network system and leading information technology advantages to surpass the world. Providing convenient, efficient and high-quality financial services to 350 million customers.

Banking business:

The Agricultural Bank of China has branches all over China’s urban and rural areas, making it the large modern commercial bank with the most branches and the widest business coverage in China. The business field of Agricultural Bank of China has developed from the initial agricultural credit and settlement business to a complete range of products, combining domestic and foreign currencies, and can handle various international and domestic financial businesses, mainly including:

1. Deposit services , comprehensive loan services, foreign exchange financial management, RMB financial management, overseas financial management on behalf of clients, bank cards, remittances and foreign exchange settlement.

2. Safe deposit box rental, payment services, payroll services, overseas financial services, electronic banking services, private banking, financing services, domestic payment and settlement, international settlement, fund-related businesses, corporate financial services, Financial Institution Services.

3. It also provides a variety of corporate banking and retail banking products and services, and carries out self-operated and client-operated fund businesses. The business scope also covers investment banking, fund management, financial leasing, life insurance and other fields.

RMB business includes:

Absorbing public deposits; issuing short-term, medium-term and long-term loans; handling domestic and foreign settlements; handling bill discounts; issuing financial bonds; agency issuance, agency redemption, and underwriting Government bonds; buying and selling government bonds; engaging in inter-bank lending; buying and selling, and acting as an agent for buying and selling foreign exchange; providing letter of credit services and guarantees; acting as an agent for collection and payment, and acting as an insurance agent, etc.

Foreign exchange business includes:

Foreign exchange deposits; foreign exchange loans; foreign exchange remittances; foreign currency exchange; international settlement; acceptance and discounting of foreign exchange bills; foreign exchange borrowings; foreign exchange guarantees; foreign exchange settlement and sales ; Issuance and agency issuance of foreign currency securities other than stocks; buying and selling and agency buying and selling of foreign currency securities other than stocks; foreign exchange trading on behalf of clients; credit investigation, consulting, and witnessing services.