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
80520
Capital, mln.USD
106
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
April 28, 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.
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