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The Agricultural Bank of China (ABC) is one of the largest commercial banks in China. It is a state-owned bank that was founded in 1951 to provide financial services to farmers and rural communities. Today, ABC has over 23,000 branches and serves over 320 million customers in China and abroad.
Services and Products
ABC provides a wide range of financial services and products to its customers, including:
- Personal and business banking
- Loans and mortgages
- Credit cards
- Insurance
- Investment and wealth management
- International banking and trade finance
Mission and Vision
ABC’s mission is to support China’s agricultural and rural development and promote economic growth by providing financial services to rural communities, farmers, and small and medium-sized enterprises (SMEs).
ABC’s vision is to become a world-class and customer-focused financial institution that provides innovative and sustainable financial solutions to its customers and contributes to the social and economic development of China and the world.
Sustainability and Corporate Responsibility
ABC is committed to sustainability and corporate social responsibility. It has implemented various initiatives to support sustainable agriculture and rural development, poverty reduction, environmental protection, and social welfare. ABC has also established partnerships with international organizations, NGOs, and academic institutions to promote sustainable finance and green development.
Achievements and Recognition
ABC has achieved various awards and recognitions for its performance, innovation, and sustainability. In 2020, ABC was ranked 31st in the Forbes Global 2000 list of the largest public companies in the world and received the award for “Best Bank for Wealth Management” from Asiamoney. ABC was also recognized as a “Global Systemically Important Bank” by the Financial Stability Board.
The Agricultural Bank of China is a leading financial institution in China that plays a vital role in promoting rural development, agriculture, and SMEs. With its commitment to sustainability, innovation, and customer service, ABC is well-positioned to contribute to China’s economic growth and global leadership.