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Agricultural Bank of China Ltd

601288

Company Profile

  • Business description

    As one of the big four banks, ABC is headquartered in Beijing. The bank evolved from a state-owned specialized bank to a state-controlled commercial bank. It listed on the Hong Kong and Shanghai Stock Exchanges in 2010. ABC operates more than 20,000-branch network in China, providing corporate and retail banking products and services, and carries out treasury operations for its own accounts or for its customers. Shareholders Central Huijin, China's state-owned investment company, and the Ministry of Finance own 37.15% and 32.47%, respectively. Corporate banking, retail banking, and wholesale banking accounted for 41%, 53%, and 6% of total revenue in the first half of 2023, respectively. Rural banking and urban banking contributed 49% and 51% of total revenue during the same period.

  • Contact

    50 Connaught Road
    25th Floor, Agricultural Bank of China Tower
    Central
    Hong Kong
    HKG

    T: +852 28618000

    E: ir@abchina.com

    https://www.abchina.com

  • Sector

    Financial Services

    Stock type

    Cyclical

  • Industry

    Banks - Diversified

    Fiscal Year End

    31 December 2024

    Employees

    451,003

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Markets

Index
Last price
Change
% Change
All Ordinaries 7,937.90 35.90 0.45%
CAC 40 8,070.38 30.02 0.37%
DAX 40 17,990.59 129.79 0.73%
Dow JONES (US) 38,239.98 253.58 0.67%
FTSE 100 8,046.42 22.55 0.28%
HKSE 16,828.93 317.24 1.92%
NASDAQ 15,451.30 169.29 1.11%
Nikkei 225 37,552.16 113.55 0.30%
NZX 50 Index 11,803.28 49.52 -0.42%
S&P 500 5,010.60 43.37 0.87%
S&P/ASX 200 7,683.50 34.30 0.45%
SSE Composite Index 3,021.98 22.62 -0.74%

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