Agricultural Bank of China (the "Bank," "we," or "ABC") was re-established in February 1979, with its headquarter located in Beijing.At the end of 2006, ABC had 24,937 outlets in Mainland China, two overseas branches in Singapore and Hong Kong, and three representative offices in London, Tokyo, and New York.ABC had 452,464 employees at the end of the year.
ABC is the only state-owned commercial bank that has service outlets and electronic banking network reaching every county in China. With its widest reach in both urban and rural China and the largest workforce in the banking sector, ABC is well positioned to provide extensive and quality banking services to its customers.
In 2006, ABC maintained strong growth in all aspects of its business operations, with many of its key financial indicators reaching their record high in the Bank's history.Also, our overall strength, market competitiveness and risk management capabilities were enhanced significantly.At the end of 2006, total assets, total deposits and total loans reached RMB 5,343.94 billion, RMB 4,730.37 billion and RMB 3,139.43 billion, respectively. In addition, we reported an operating profit of RMB 58.16 billion for the year.
- 2006 Annual Report
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