Agricultural Bank of China

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The Agricultural Bank of China (ABC) is a state-owned commercial bank and one of the "Big Four" banks in China. Established in 1951, it initially focused on supporting China's agricultural sector but has since evolved into a comprehensive financial institution. ABC offers a wide range of services including corporate banking, retail banking, asset management, and treasury operations. It has a significant presence in rural areas, supporting agricultural development and rural economies through specialized financial products like microfinance loans and agricultural insurance. ABC is listed on both the Shanghai and Hong Kong Stock Exchanges and has a substantial global presence with branches in several countries. It serves over 320 million retail customers and nearly 3 million corporate clients, making it a key player in China's financial sector. ABC's influence extends beyond banking, contributing to China's capital markets and asset management industry. Its commitment to rural development and economic growth underscores its role as a major financial institution in China and globally.