Is Agricultural Bank of China a state owned enterprise?

Updated on Financial 2024-08-13
19 answers
  1. Anonymous users2024-02-16

    The predecessor of ABC can be traced back to the Agricultural Cooperative Bank, which was established in 1951. Since the end of the 70s of last century, ABC has successively gone through different stages of development, such as national specialized banks, wholly state-owned commercial banks and state-controlled commercial banks. In January 2009, ABC was restructured into a share****.

    In July 2010, ABC was listed on the Shanghai ** Stock Exchange and the Hong Kong Stock Exchange. ABC is one of the major comprehensive financial service providers in China, and is committed to building a world-class commercial banking group with obvious operating characteristics, efficient and convenient services, complete functions and synergy, and outstanding value creation capabilities. With a comprehensive business portfolio, an extensive distribution network and a leading technology platform, the Bank provides a wide range of corporate and retail banking products and services to its clients, as well as financial markets and asset management businesses, including investment banking, ** management, financial leasing and life insurance.

    As of the end of 2016, ABC had total assets of 19.5 billion yuan, loans and advances of 9.7 billion yuan, deposits of 15.0 billion yuan, capital adequacy ratio, and net profit of 100 million yuan. As of the end of 2016, ABC had a total of 23,682 branches in China, including the head office, the business department of the head office, 3 franchised institutions of the head office, 37 first-level (directly subordinate) branches, 365 second-level branches (including the business departments of provincial branches), 3,506 first-level sub-branches (including the business departments of municipalities directly under the central government, directly under the central government, the business departments of second-level branches), 714 grassroots business institutions and 55 other institutions. Overseas branches include 10 overseas branches and 3 overseas representative offices.

    ABC has 14 major holding subsidiaries, including 9 domestic and 5 overseas. Since 2014, the Financial Stability Board has included the Bank in the list of global systemically important banks for three consecutive years. In 2016, ABC ranked 29th in the Fortune Global 500 rankings; In the ranking of the top 1,000 global banks by The Banker magazine, ABC ranked 5th in terms of Tier 1 capital.

    ABC's Standard & Poor's issuer credit rating is A-1 and Fitch's short-term and long-term IDR is A F1.

  2. Anonymous users2024-02-15

    Yes, the last 1 wholly state-owned enterprise.

  3. Anonymous users2024-02-14

    The Agricultural Development Bank is not a public institution or an enterprise, but a national policy bank.

    The Agricultural Development Bank is based on the national credit, raising agricultural policy credit funds, undertaking the agricultural policy stipulated by the state and the approved agriculture-related commercial financial business, and the allocation of financial funds to support agriculture, so as to serve the development of agriculture and rural economy. Policy BanksPolicy banks are not for the purpose of making profits, but are specifically engaged in policy-based financing activities in specific business areas for the purpose of implementing and cooperating with the social and economic policies or intentions of the country, and acting as a major player in developing the economy, promoting social progress, and carrying out macroeconomic development.

    Management tools. Funds mainly include borrowing funds, issuing bonds, borrowing funds from other financial institutions, absorbing deposits and foreign borrowings.

    Agricultural Development Bank of China.

    In terms of institutional settings, the head office, first-level early dan branch, second-level branch, and sub-branch system are implemented; In terms of management, the head office implements a first-level legal person system, and the president of the head office is the legal representative; The management system of vertical leadership is implemented in the system, and each branch carries out business activities in accordance with laws and regulations within the scope of the authorization of the general land digging and disturbance. The head office of the Agricultural Development Bank of China is located in Beijing. Its branches shall be set up in accordance with the needs of carrying out agricultural policy-based financial business and with the approval of the China Banking Regulatory Commission.

    Banks are financial institutions established in accordance with the law to engage in monetary and credit business, and are the products of the development of the commodity and monetary economy to a certain stage. A bank is one of the financial institutions, and banks are divided into ** banks according to their types.

    Policy banks, commercial banks, investment banks.

    The World Bank, with its own responsibilities, varies. Policy banks include the Export-Import Bank of China, the Agricultural Development Bank of China, and the China Development Bank.

    The responsibility is to participate in or guarantee, not for the purpose of profit, specifically for the implementation and cooperation of the first social and economic policies or intentions, in a specific business area, directly or indirectly engaged in policy financing activities, as a financial institution that develops the economy, promotes social progress, and carries out macroeconomic management tools.

  4. Anonymous users2024-02-13

    The Agricultural Bank of China is not a state-owned enterprise, it is a central enterprise, and it is a large state-owned bank managed by the first Yingqi. Since the end of the 70s of the last century, ABC has successively experienced different stages of development such as national professional banks, wholly state-owned commercial banks and state-controlled commercial banks. Agricultural Bank of China is an important part of China's financial system.

  5. Anonymous users2024-02-12

    The Agricultural Bank of China belongs to the central enterprises, because after all, they have a head office and are under the management of the People's Bank of China, so the Agricultural Bank of China belongs to the central enterprises.

  6. Anonymous users2024-02-11

    The five major banks belong to the state-owned commercial Lao Jiye Bank, the China Construction Bank, the Industrial and Commercial Bank of China, the Agricultural Bank of China, the Bank of Communications, and the Bank of China are large central enterprises, and the shareholders of Dazhishu are Huijin Company and the Ministry of Finance. Senior executives are directly appointed by the relevant state units.

  7. Anonymous users2024-02-10

    The Agricultural Bank of China belongs to the central enterprises, so there is no problem in working directly here, after all, it has this ability.

  8. Anonymous users2024-02-09

    Yes, the five major banks of the country, Bank of China, Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China and Bank of Communications are all central enterprises!

  9. Anonymous users2024-02-08

    Is Agricultural Bank of China a state-owned enterprise? The Agricultural Bank of China is a directly affiliated enterprise. That is, central enterprises.

  10. Anonymous users2024-02-07

    Yes, it is still a large central enterprise.

  11. Anonymous users2024-02-06

    It is a central enterprise, and the Agricultural Bank of China is directly managed by the Ministry of Finance.

  12. Anonymous users2024-02-05

    The Agricultural Bank of China is a large state-owned bank under the management of the largest bank.

  13. Anonymous users2024-02-04

    The Agricultural Bank of China is a state-owned enterprise or a central enterprise.

  14. Anonymous users2024-02-03

    Yes, ABC is a part of it.

  15. Anonymous users2024-02-02

    China's Big 5 State-Owned Banks? China established diplomatic relations with agriculture and industry. They are also the five pillars of China's banking institutions.

  16. Anonymous users2024-02-01

    The Agricultural Bank of China is not a state-owned enterprise, but a state-owned enterprise.

    The Agricultural Bank of China is a large state-owned bank under the management of the largest state-owned bank.

    It is an important part of China's financial system, providing a wide range of corporate banking and retail banking products and services, as well as financial markets and asset management, including investment banking.

    **Management, financial leasing, life insurance, etc. Through 24,064 branches across the country, 30,089 ATMs and 1,171 overseas ** banks around the world, Agricultural Bank of China provides convenient, efficient and high-quality financial services to more than 350 million customers around the world with the most extensive branch network system and leading information technology advantages.

    The business field of Agricultural Bank of China has developed from the initial agricultural credit and settlement business to a complete range of financial services with a combination of local and foreign currencies, which can handle all kinds of international and domestic financial services. Absorb deposits from the public, issue short-term, medium-term and long-term loans, handle domestic and foreign settlements, and discount bills.

    Issuance of financial bonds, issuance, redemption and underwriting of bonds, trading of bonds, provision of letter of credit services and guarantees, collection and payment and insurance and other businesses. Foreign exchange deposits, foreign exchange loans, foreign exchange remittances, foreign currency exchange, international settlement. Acceptance and discounting of foreign exchange bills.

    Issuance and issuance of foreign currencies other than the issuance of foreign currencies with value, trading of foreign currencies other than the purchase and sale of foreign currencies with value, etc.

    State-owned enterprises refer to *** and local people**.

    Wholly state-owned enterprises that perform the duties of investors on behalf of the state.

    Wholly state-owned companies and state-owned capital holding companies, including enterprises at the same level and enterprises formed by investment at the same level and at each level under the supervision of local state-owned assets supervision and administration agencies and other departments. State-owned enterprises are owned or controlled by the state, and the will and interests of the state determine the behavior of state-owned enterprises. State-owned enterprises are the backbone of national economic development and socialism with Chinese characteristics.

    pillars.

  17. Anonymous users2024-01-31

    Question 1: Is Agricultural Bank of China a state-owned enterprise? One of the four major state-owned commercial banks.

    Question 2: Is the Agricultural Bank of China a state-owned or private enterprise? It is a joint-stock enterprise, but there are state-owned shares in it.

    Question 3: Is the Agricultural Bank of China a state-owned enterprise? Of course, it is a state-owned enterprise, and it is a state-owned enterprise to which it belongs.

    Question 4: Is ABC a state-owned unit ABC is a profit-oriented financial institution and a central enterprise, but it is subject to the supervision and management of the China Banking Regulatory Commission.

    Workers, peasants, and China Construction are all state-controlled commercial banks (called state-owned commercial banks when there was no shareholding system reform in the past), and they are not completely state-owned. In addition to the first bank (the People's Bank of China) and policy banks (Agricultural Development Bank, Development Bank) are public institutions, including industrial and agricultural China Construction and other commercial banks are enterprise units.

    Question 5: Is ABC a state-owned enterprise? It's your uncle Nima The Agricultural Bank of China is a joint-stock system, and the full name is Agricultural Bank of China Joint-stock ****.

    Question 6: Is the Agricultural Bank of China a state-owned enterprise? Yes, the last 1 wholly state-owned enterprise.

    Question 7: Are all banks state-owned enterprises now? The management department of the silver key shelter bank (*People's Bank of China.

    State-owned commercial banks (state-owned): Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, Yuanji China Postal Savings, China Rural Credit Cooperatives (many people forget about the Bank of Communications and Postal Savings).

    National joint-stock commercial banks (private): China CITIC Bank, China Merchants Bank, Shanghai Pudong Development Bank, China Everbright Bank, China Minsheng Bank, Huaxia Bank, Industrial Bank, Guangzhou Development Bank, Shenzhen Development Bank, etc.

    Policy banks (*Agricultural Development Bank of China, Export-Import Bank of China, China Development Bank.

    However, the four major state-owned banks that are often mentioned are only Bank of China, Industrial and Commercial Bank of China, China Construction Bank, and Agricultural Bank of China, but they do not include Bank of Communications, Postal Savings, and Rural Orange and Bright Socks Credit Cooperatives because Bank of China, Industrial and Commercial Bank of China, China Construction Bank, and Agricultural Bank of China have relatively large coverage in the country, but the coverage of Bank of Communications, Postal Savings, and Rural Credit Cooperatives is small.

    Question 8: Are China Unicom and Agricultural Bank of China state-owned enterprises Yes, they are both state-owned enterprises.

    Question 9: The difference between ABC shares and ABC has been changed to a joint-stock system.

    It is a state-owned enterprise, but more precisely a state-controlled enterprise.

    ICBC was restructured in 2005.

    A company is a type of enterprise.

    Enterprises include: limited liability companies, shares, partnerships, sole proprietorships, ......

  18. Anonymous users2024-01-30

    Agricultural Bank of China. It is a central enterprise. Founded in 1951 and headquartered at No. 69, Jianguomen Nei Street, Beijing, Agricultural Bank of China is a large state-owned bank under the management of the first major bank in China.

    One. 1. The establishment and listing time of Agricultural Bank of China. Agricultural Bank of China Co., Ltd. was established on February 23, 1979 and is headquartered in Dongcheng District, Beijing.

    Agricultural Bank of China Co., Ltd. is mainly engaged in corporate banking business, personal banking business, capital business and other Fengtan, is a financial services commercial bank. Agricultural Bank of China shares **** was listed on the Shanghai ** Stock Exchange on July 15, 2010, and the lead underwriter is Guotai Junan ** shares****.

    The listing sponsor is China International Capital Corporation****.

    for 601288.

    2. Shareholders of Agricultural Bank of China: **Huijin Investment Co., Ltd.

    Ministry of Finance of the People's Republic of China, Hong Kong ** Clearing (** person), China National Tobacco Corporation, China ** Financial Co., Ltd., etc.

    3. The honor won by the Agricultural Bank of China shares. It has won the "China Corporate Social Responsibility List - Outstanding Enterprise Award", "2011 Outstanding Demonstration Enterprise in the Electronic Finance Industry", "2012 Outstanding SME Service Organization" and other honors.

    To sum up, the Agricultural Bank of China is a state-owned enterprise.

    Extended Materials. **Enterprise.

    It is an important pillar of the national economy, and there are broad and narrow senses. From a narrow point of view, central enterprises mainly refer to enterprises directly managed by the State-owned Assets Supervision and Administration Commission, as of June 2018, there are 96 enterprises directly managed by the State-owned Assets Supervision and Administration Commission. There are three types of central enterprises in a broad sense:

    The first category is enterprises that provide public goods under the management of the State-owned Assets Supervision and Administration Commission, such as military enterprises such as banks or Tongye, petroleum enterprises, telecommunications enterprises, etc.; The second category is composed of the Ministry of Politics of the Consortium and ** Huijin Company.

    The central enterprises directly managed by these enterprises are all from the financial industry, such as the four major state-owned banks, the Bank of Communications, the China Development Bank, etc.; The third category is the central enterprises managed by other departments, for example, China National Tobacco Corporation is led by the State Tobacco Monopoly Administration, and the State Tobacco Monopoly Administration is managed by the Ministry of Industry and Information Technology.

  19. Anonymous users2024-01-29

    Agricultural Bank of China is both a state-owned enterprise and a leading enterprise. Agricultural Bank of China, also known as Agricultural Bank of China, is a financial services commercial bank directly led by the Agricultural Bank of China. It is a vice-ministerial-level ** enterprise.

    According to the division of state-owned asset management authority, state-owned enterprises are divided into ** enterprises and local state-owned enterprises, so ABC is a state-owned enterprise. Agricultural Bank of China Co., Ltd. was established on February 23, 1989 and is headquartered in Dongcheng District, Beijing. The predecessor of Agricultural Bank of China is Agricultural Bank of China.

    After the asset restructuring, it was restructured into the shares of Agricultural Bank of China. Agricultural Bank of China (ABC) was listed on the Shanghai ** Stock Exchange on July 15, 2010. The lead underwriter is Guotai Junan ** shares, and the listing sponsor is China International Capital Corporation ****, **** 601288.

    Shareholders of Agricultural Bank of China: Huijin Investment, Ministry of Finance of the People's Republic of China, China National Tobacco Corporation, China Finance, Hong Kong Clearing, Shanghai Haiyan Investment Management, etc. Agricultural Bank of China Co., Ltd. won the "2009 Most Loyal Customer Award for Online Banking", "Best Cash Management Bank", "2011 Best E-Banking Award", "2011 Pioneer China Product Award" and other honors.

    Extended Materials: a. Is ABC Pocket Bank Deposit Safe?

    1.There is no greater concern than security. ABC Macro Bank provides users with three major security guarantees:

    1) You need to bind a mobile phone number to log in: When you log in, you need to use the mobile phone number reserved by the bank to log in;

    2) To set the login password: Agricultural Bank of China mobile banking login is, you need to verify the 6-digit login password set by the customer when registering at the branch, if it is wrong, you will not be able to log in;

    3) There is a double verification guarantee of payment password and dynamic password: Internet banking should verify the account password and dynamic password at the same time, and when handling business, it should involve customer funds and privacy information, such as transfer and remittance, shopping and payment, and information maintenance (dynamic password card is bound to mobile banking customers). So it's safe.

    2.However, despite the above security guarantees, we still need to pay attention to the following aspects when using mobile banking:

    1) Do not use other people's mobile phones to log in to mobile banking, and at the same time choose the correct mobile banking** login;

    2) The username and password of mobile banking should be kept properly and should not be disclosed to others at any time.

    3) If the password is leaked or forgotten, reset the password in time. If you lose or lose your mobile phone or change your mobile phone number, please go to the bank counter to re-apply for the relevant business.

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