The Agricultural Bank of China is a Chinese bank, the third largest bank not only in China, but also in the world. The bank's headquarters is located in Beijing.

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China Construction Bank and Agricultural Bank of China (AgBank) reported total assets at their Moscow subsidiaries jumped 3.3 times and 1.4 times, respectively, in 2022, while Russia was put under harsh western sanctions.

The Company Statement
September 03, 2023

Russian companies open accounts with the bank; decline to comment. Two more structures of Chinese banks operate in Russia: the Russian China Construction Bank owned by China Construction Bank (assets of 20.5 billion rubles at the beginning of 2022), and China Agricultural Bank (11.8 billion rubles), the owner of which is Agricultural Bank of China.

September 04, 2023FT: China’s share in the Russian banking sector has quadrupled since the beginning of the CBO
August 02, 2023Direct transfers to China in Bank "Primorye"
August 02, 2023Direct transfers to China in Bank "Primorye"
July 12, 2023During the crisis, Chinese subsidiaries in Russia sharply increased lending to banks Their share in this market increased by almost five times
April 28, 2023Chinese banks seize on Russia, oil trade to internationalise yuan
April 17, 2023Chinese spurt: major banks from China have dramatically increased their business in Russia
July 03, 2022"China Agricultural Bank" LLC
March 04, 2022EXCLUSIVE Russian firms rush to open Chinese bank accounts as sanctions bite - sources
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