The accounting subjects of the Agricultural Bank are the head office and the management and business institutions above the prescribed level. China Agricultural Bank has 32 tier-one branches, 5 directly affiliated branches, 1 head office business department and 3 training colleges.

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Agricultural Bank of China was established in 195 1. Headquartered at 69 Jianguomen Inner Street, Beijing. It is a large state-owned commercial bank and a national vice-ministerial unit.

scope of business

banking

Agricultural Bank of China has branches all over the country, becoming a large modern commercial bank with the largest number of branches and the widest business scope in China. The business field of China Agricultural Bank has developed from the initial agricultural credit and settlement business to a complete range, combining local and foreign currencies, and can handle all kinds of international and domestic financial business.

It mainly includes: deposit service/comprehensive loan service/foreign exchange financing/RMB financing/overseas financing on behalf of customers/bank card/remittance settlement/safe deposit box leasing/payment service/payroll service/overseas financial service/electronic banking service/private banking/financing business/domestic payment settlement/international settlement/fund-related business/corporate financial service/financial institution service.

At the same time, it also provides a variety of corporate banking and retail banking products and services, and conducts self-operated and agency fund business, covering investment banking, fund management, financial leasing, life insurance and other fields.

Rmb business

Absorb public deposits; Issue short-,medium-and long-term loans; Handle domestic and international settlement; Handle bill discount; Issuing financial bonds; Acting as an agent to issue, honor and underwrite government bonds; Buying and selling government bonds; Engage in interbank lending; Buying and selling, acting as an agent to buy and sell foreign exchange; Providing letter of credit services and guarantees; Agency payment and insurance agency business, etc.

foreign exchange business

Foreign exchange deposits; Foreign exchange loans; Foreign exchange remittance; Foreign currency exchange; International settlement; Acceptance and discount of foreign exchange bills; Foreign exchange loans; Foreign exchange guarantee; Settlement and sale of foreign exchange; Issuing and acting as an agent to issue foreign currency securities other than stocks; Buying and selling foreign currency securities other than stocks and acting as an agent; Conduct foreign exchange transactions on behalf of customers; Credit investigation, consultation and witness business.