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Agricultural Bank of China, Zhuhai |
Agricultural Bank of China Limited (ABC) is the third largest bank in China in terms of total assets. It also ranks 4th among the world’s largest banks by assets and 8th based on market capitalization. ABC specializes in financing and providing services to agricultural, commercial, industrial, and transportation enterprises in rural areas. It also offers personal banking, credit card products, wealth management and foreign exchange services. With about 325 million retail and corporate customers, the company has over 23,600 local branch outlets, 10 overseas branches in Hong Kong, Singapore, Seoul, New York, Luxembourg, Dubai, Tokyo, Frankfurt and Sydney as well as representative offices in Vancouver, Hanoi and Taipei and 5 overseas subsidiaries. In 2016, ABC established the Sino-Congolese Bank for Africa. The predecessor of Agricultural Bank of China is Agricultural Cooperative Bank which was founded in 1951. Since 1970s, ABC has evolved from a state-owned specialized bank to state-controlled commercial bank. In 2009-2010, it was restructured into a joint stock commercial bank and was listed on the Shanghai and Hong Kong stock exchanges. As of December 31, 2016, the company had total assets of CNY19.6 trillion, deposits of CNY15.04 trillion and customer loans of CNY9.7 trillion. The Bank's market capitalization was US$153 billion as of April 2017.
Credit Ratings (March 2017)
Standard & Poor’s: A/A-1
Fitch: A/F1
Head office address:
No.69,Jianguomen Nei Avenue
Dongcheng District, Beijing
China,100005
Phone number: +86-10-8510-9619
Website: www.abchina.com
Agricultural Bank overseas branches:
Agricultural Bank of China (UK) Ltd
7th/F, 1 Bartholomew Lane
London, EC2N 2AX, UK
Phone: 0044-20-73748900
New York
277 Park Avenue, 30th Floor
New York, NY, 10172
United States
Phone: 001-212-8888998
Frankfurt
Ulmenstrasse 37-39, 60325 Frankfurt am Main
Deutschland
Phone: 0049-69-401255-211
Hong Kong
25/F, Agricultural Bank of China Tower
50 Connaught Road Central, Hong Kong
Phone: 00852-28618000
Singapore
No.7 Temasek Boulevard, #30-01/02/03, Suntec Tower 1
Singapore 038987
Phone: 0065-65355255
Seoul
14F Seoul Finance Center, 84 Taepyung-ro 1-ga, Chung-gu
Seoul 100-768, Korea
Dubai
Office 2901, Tower 2, Al Fattan Currency House
DIFC, P.O Box 124803, Dubai, U.A.E
Tokyo Branch
511 Yusen Bldg 3-2, 2-Chome Marunouchi Chiyoda-Ku
Tokyo 100-0005, Japan
Sydney Branch
Level 18, Chifley Tower, 2 Chifley Square
Sydney NSW 2000, Australia
Vancouver Representative Office
Suite 1260, 355 Burrard Street, Vancouver, BC V6C 2G8
Canada
Luxembourg Branch
65, Boulevard Grande-Duchesse
Charlotte, Luxembourg, L-1331