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  • Previous Rank
    36
  • Revenues ($M)
    $133,419
  • Revenue Percent Change
    2.6%
  • Profits ($M)
    $28,735
  • Profits Percent Change
    -1.3%
  • Assets ($M)
    $2,739,835
  • Employees
    508,726

The biggest news facing one of China’s big four banks in 2015 was the demotion of its president. According to Chinese press reports, Zhang Yun was assisting a corruption investigation. That’s can often mean leniency for cooperation, especially judging by Zhang’s later demotion to a director level. The third-biggest of China’s state-owned, monopolistic lenders is facing increased competition from tech firms like Alibaba and Tencent, which are offering financial services in rural China where once Agricultural Bank of China was the only option.

Company Information

Figures prepared in accordance with International Accounting Standards. Government owned 50% or more.
CEO
Zhao Huan
Sector
Financials
Industry
Banks: Commercial and Savings
HQ Location
Beijing, China
Employees508,726
Websitehttp://www.abchina.com
Years on Global 500 List17
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Agricultural Bank of China Rank History

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Key Financials (last fiscal year)

($ Millions)% change
Revenues ($M)$133,4192.6%
Profits ($M)$28,735-1.3%
Assets ($M)$2,739,835-
Total Stockholder Equity ($M)$186,351-

Profit Ratios

Profit as % of Revenues21.5%
Profits as % of Assets1%
Profits as % of Stockholder Equity15.4%