Headquarter: Beijing, China
Date of establishment: 1979 (separated from the People's Bank of China)
Type of institution: Commercial bank under banking law
Ownership: Government owned
Membership: APRACA
as of 1997 (rounded figures)
| Number of branches | 50,000 |
| Number of staff | 500,000 |
| Number of savers | .. |
| Number of loan clients | .. |
| Total assets (in US$; 1US$ = 8.3 RMB) | 190bn |
| Total outstanding (gross) loan balance (US$) | 125bn |
| % of loan portfolio allocated to the agricultural sector | ..% |
Main activities and products
Financing large and medium-sized state-owned enterprises in all sectors, agro industry and, to a lesser extent, provisioning of poverty alleviation loans and agricultural comprehensive development loans. The last type of activity was transferred in 1994 to the newly established Agricultural Development Bank of China but reincorporated in 1998.
The ABC is on a path towards transformation into a state-owned universal
commercial bank.
Main sources of funds
Current account deposits from state-owned enterprises
Deposits from the general public
Borrowings from the Central Bank (People's Bank of China)
Donor support
Outstanding balance with EU
Publications
Annual Report
Website
Address
25 Fu Xing Lu
Beijing
P.R. China