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Agricultural Bank of China

AGRICULTURAL BANK OF CHINA

Founded: 1951 Employees: 450,000( 2024) CEO: Wang Zhiheng Revenue: ¥ 580.6bn( US $ 98.7bn)

Agricultural Bank of China occupies a unique position within global banking, simultaneously serving China’ s vast rural communities while operating as a sophisticated full-service financial institution in major urban centres. Founded to support agricultural development, ABC retains this crucial mandate even as it has expanded into mainstream commercial banking. The bank’ s 2024 performance showcased impressive scale, issuing over 2 trillion yuan in new loans with strategic industry lending exceeding 1.9 trillion yuan – a remarkable 54 % increase from the year’ s beginning.

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