Agricultural Bank of China
Agricultural Bank of China
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.
Glob.Revenue, mln.USD
98196
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.
May 27, 2024 | "There's less and less hope." Putin's visit to China did not improve the situation with payments |
September 04, 2023 | FT: China’s share in the Russian banking sector has quadrupled since the beginning of the CBO |
August 02, 2023 | Direct transfers to China in Bank "Primorye" |
August 02, 2023 | Direct transfers to China in Bank "Primorye" |
July 12, 2023 | During the crisis, Chinese subsidiaries in Russia sharply increased lending to banks Their share in this market increased by almost five times |
April 28, 2023 | Chinese banks seize on Russia, oil trade to internationalise yuan |
April 17, 2023 | Chinese spurt: major banks from China have dramatically increased their business in Russia |
July 03, 2022 | "China Agricultural Bank" LLC |
March 04, 2022 | EXCLUSIVE Russian firms rush to open Chinese bank accounts as sanctions bite - sources |
| Website in Russia |
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