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"Big Four" banks in full drive to build China into a financial powerhouse
China's "Big Four" commercial banks, who are among the world's largest lenders, are stepping up efforts to better support the national economy while enhancing risk management amid the country's efforts to build itself into a financial powerhouse.
December08,2023
Agricultural Bank of China enhances loan support for manufacturing sector
The Agricultural Bank of China, one of the country's largest commercial lenders, has scaled up support for the manufacturing sector.
July10,2023
Agricultural Bank of China issues bonds for rural development
The Agricultural Bank of China, one of the country's largest commercial lenders, has issued 20 billion yuan (about 2.8 billion U.S. dollars) of special financial bonds to support rural development.
June11,2023
Agricultural Bank of China ups loan support to county-level areas
Agricultural Bank of China, one of the country's four big state-owned lenders, has enhanced loan issuance and offered innovative products and services to support the development of China's county-level areas, the bank has confirmed.
May08,2023
Agricultural Bank of China gets nod to set up JV with BNP Paribas Asset Management
Agricultural Bank of China (ABC) , one of the country's largest commercial lenders, announced on Wednesday that its wholly-owned subsidiary, ABC Wealth Management Co., Ltd., has been approved to set up a wealth management joint venture (JV) with BNP Paribas Asset Management.
October20,2022
Agricultural Bank of China reports revenue, profit gains in 2021
Agricultural Bank of China, one of the country's four big state-owned lenders, saw its revenue and net profit increase year on year in 2021.
April06,2022
ABC issues nearly RMB10 bln of loans to leading new infrastructure enterprises by end-June
The Agricultural Bank of China (ABC), one of the country's state-owned banks, has issued nearly 10 billion yuan of loans by the end of June to leading 5G new infrastructure enterprises such as China Mobile, China Telecom, China Unicom and China Tower to help them accelerate implementation of 5G projects, reported the Xinhua-run Shanghai Securities Journal on Monday.
July07,2020
ABC issues plan to provide financial support for new infrastructure
The Agricultural Bank of China (ABC), one of the country's "big four" lenders, issued a plan to provide comprehensive financial support for new infrastructure, reported the Xinhua-run cnstock.com on Monday.
May26,2020
ABC issues RMB85 bln perpetual bond offering on Fri.
Agricultural Bank of China (ABC) issued on Friday perpetual bonds worth 85 billion yuan on the domestic interbank bond market, the Xinhua-run Shanghai Securities News reported on Friday.
May09,2020
Small businesses get financial support from Agricultural Bank of China amid epidemic
The Agricultural Bank of China (ABC), one of China's biggest commercial lenders, had provided more than 1 trillion yuan (about 140.8 billion U.S. dollars) of inclusive loans for small businesses by the end of February, sources with the bank said.
March30,2020
China's leading banks to set up wealth management subsidiaries
The Industrial and Commercial Bank of China (ICBC) and the Agricultural Bank of China (ABC), both among China's largest lenders, announced Monday that they would establish subsidiaries focusing on wealth management business.
November27,2018
ABC opens Hanoi branch
The Agricultural Bank of China (ABC) officially opened its Hanoi branch on Thursday in an attempt to provide comprehensive financial services to cooperative projects in key fields like infrastructure.
May11,2018
Facial recognition debuts at China's banks
At the Agricultural Bank of China's (ABC) three outlets in Jinan City, cards are no longer needed to withdraw money. A quick scan of the face will do.
September21,2017
Agricultural Bank of China reports faster earnings growth in H1
Agricultural Bank of China (ABC), one of the country's biggest lenders, reported higher earnings growth Wednesday thanks to steady increase of net interest income.
August31,2017
ABC loans Volkswagen 500 mln euros
The Agricultural Bank of China (ABC), one of the country's largest lenders, said Thursday it had issued a 500 million euro (560 million U.S. dollars) of loan to German car giant Volkswagen Group.
May26,2017
Agricultural Bank of China starts RMB settlement in UAE
Agricultural Bank of China (ABC), the third biggest lender in China in relation to assets, opened here on Wednesday a Chinese currency RMB, or the yuan, clearing branch in the United Arab Emirates (UAE).
May11,2017
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