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The Agricultural Bank of China (ABC)

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The Agricultural Bank of China (ABC)

Overview:

Founded in 1951 as credit institution for the purpose of supporting the agricultural production and economic development in China, ABC has transformed into a modern international commercial bank. An important step within this transformation process reaching worldwide attention was its initial public offering at the Shanghai and Hong Kong Exchange in 2010, resulting in the largest IPO worldwide at that time.

Being well positioned in Asia with more than three million Corporates and more than 420 million Retail Clients, ABC strives to expand into the international market.

With the latest of its 13 overseas institutions in Frankfurt and Sydney - together with the existing branches in Hong Kong, Singapore, Seoul, New York, Dubai and Tokyo - ABC is now prepared to serve the world with excellent banking services 24 hours every day.

With 1,457 correspondent banks in 124 countries, ABC contributes significantly to the global banking network.

Due to its prudent investment strategy, the Bank grows from a solid position. In 2016, the Bank ranked No. 29 in Fortune's Global 500, and ranked No. 5 in The Banker's "Top 1000 World Banks" list in terms of tier 1 capital. The Bank's issuer credit ratings assigned by Standard & Poor's were A/A-1, and the long-/short-term issuer default ratings assigned by Fitch Ratings were A/F1.

Founded in November 2013, Agricultural Bank of China Frankfurt Branch is your contact to ABC on the European continent. According to our strategy, we want to tailor our product offerings to the following group of customers:

- Large German, French and multinational corporations who operate in China

- Large Chinese corporations actively operating or investing in Europe

- Financial institutions such as banks, asset managers and insurance companies

With the largest physical network in our home-region where we are represented in 23,682 branches we can support you with excellent cross-border banking services. Our branch in Frankfurt is your contact and point of entry to China and in Europe.

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