Agricultural Bank of China

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Agricultural Bank of China

logo
legal form Centrally managed company
ISIN CNE100000RJ0
Seat Beijing , People's Republic of China
management Ying Che (as of 2016)
Number of employees 469,000
sales $ 115.7 billion
Branch Banking
Website www.abchina.com
Status: 2016

Agricultural Bank of China ( ABC or AgBank , Chinese  中國 農業 銀行  /  中国 农业 银行 , Pinyin Zhōngguó Nóngyè Yínháng  - "Chinese Agricultural Bank") is a Chinese , partly state-owned company with headquarters in Beijing . The company was founded in 1949. Branches of the Agricultural Bank of China are located nationwide in the People's Republic of China and in Singapore . With 496,000 employees, the credit institution is one of the largest banks in China. With a turnover of 115.7 billion US dollars and a profit of 27.8 billion US dollars, it is the world's sixth largest company according to Forbes Global 2000 (as of 2016).

In April 2007, ABC fell victim to the largest bank robbery in Chinese history. Two bank employees looted around US $ 6.7 million in Handan . You were convicted in a court case.

In 2010 the ABC was listed on the Shanghai and Hong Kong stock exchanges. The bank's total market capitalization in early 2017 was $ 149.2 billion.

The bank has been on the Financial Stability Board's list of global systemically important banks since 2014 .

See also

Web links

Individual evidence

  1. ↑ 2013 Annual Report , page 105
  2. ^ Agricultural Bank of China on the Forbes Global 2000 List . In: Forbes . ( forbes.com [accessed November 16, 2017]).
  3. ↑ Suspects of China's largest bank theft go on trial
  4. ↑ Help for the world's largest IPO in China. In: The time . August 16, 2010, accessed January 4, 2016 .