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Agricultural Bank of China functions as a comprehensive financial institution. It offers personal banking, including deposits, loans, and wealth management, alongside corporate solutions like financing, payments, and investment banking. A key focus is specialized agro-related financial products for rural individuals and enterprises, leveraging its broad network and technological capabilities.
Founded on July 10, 1951, as the Agricultural Cooperative Bank, its establishment stemmed from the insight to mobilize rural savings and provide low-interest credit. This governmental initiative directly fostered China's vital agricultural sector and rural economic growth, addressing crucial national economic objectives.
Catering to individual consumers, corporate entities, and especially agricultural and rural clients, the bank prioritizes national economic development by fostering rural prosperity and advancing agricultural modernization. It strives to remain a leading integrated financial provider, committed to responsible, high-quality financial development.
Key people at Agricultural Bank of China.
Key people at Agricultural Bank of China.
Agricultural Bank of China has 2 tracked investments across 2 companies. The latest tracked deal is $1.8B Debt in WM Motor in February 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 9, 2021 | WM Motor | $1.8B Debt | SPD Bank | Bank OF China, China Construction Bank, Industrial And Commercial Bank OF China |
| Sep 28, 2017 | Royole Corporation | $800.0M Debt / Series D | — | Bank OF China, China CITIC Bank, Hanfor Capital, Industrial And Commercial Bank OF China, Ping AN, SPD Bank, Tanshi Capital, Warmsun Holding Group, Zhonghai Shengrong Capital |