FinTech Magazine March 2025 | Page 51

AGRICULTURAL BANK OF CHINA
TOP 10 : BIGGEST BANKS WORLDWIDE

AGRICULTURAL BANK OF CHINA

REVENUE ¥ 744.7BN ( US $ 103.6BN ) ( 2023 ) EMPLOYEES 450,000 ( 2023 ) ( ESTIMATE ) PRESIDENT FU WANJUN
FOUNDED 1951 AS THE AGRICULTURAL COOPERATIVE BANK Restructured and renamed to Agricultural Bank of China in 1979 . It ’ s one of the “ Big Four ” state-owned commercial banks of China and was originally created to serve China ’ s rural areas and agricultural sector .

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Agricultural Bank of China uniquely bridges rural development with modern financial innovation , serving both China ’ s agricultural sector and major urban centres . Originally established to support farming communities , ABC has evolved into a fullservice bank whilst maintaining its crucial role in rural financial inclusion . The bank exemplifies China ’ s technological leap in banking , deploying advanced digital services across its vast network , while simultaneously fulfilling its mandate to support agricultural modernisation and rural prosperity through specialised lending programmes . WATCH NOW
Low Carbon Transport , Agricultural Bank of China | Climate Bonds Certification fintechmagazine . com 51
CREDIT : GETTY