Agricultural Bank of China Ltd
SSE:601288
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Agricultural Bank of China Ltd
Long-Term Investments
Agricultural Bank of China Ltd
Long-Term Investments Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Long-Term Investments | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Agricultural Bank of China Ltd
SSE:601288
|
Long-Term Investments
ÂĄ10.3B
|
CAGR 3-Years
2%
|
CAGR 5-Years
12%
|
CAGR 10-Years
N/A
|
||
Bank of Communications Co Ltd
SSE:601328
|
Long-Term Investments
ÂĄ11.5B
|
CAGR 3-Years
27%
|
CAGR 5-Years
21%
|
CAGR 10-Years
39%
|
||
Bank of China Ltd
SSE:601988
|
Long-Term Investments
ÂĄ39.8B
|
CAGR 3-Years
4%
|
CAGR 5-Years
11%
|
CAGR 10-Years
11%
|
||
China Merchants Bank Co Ltd
SSE:600036
|
Long-Term Investments
ÂĄ50.9B
|
CAGR 3-Years
20%
|
CAGR 5-Years
26%
|
CAGR 10-Years
43%
|
||
China Construction Bank Corp
SSE:601939
|
Long-Term Investments
ÂĄ21.3B
|
CAGR 3-Years
13%
|
CAGR 5-Years
15%
|
CAGR 10-Years
22%
|
||
Industrial and Commercial Bank of China Ltd
SSE:601398
|
Long-Term Investments
ÂĄ70.3B
|
CAGR 3-Years
19%
|
CAGR 5-Years
19%
|
CAGR 10-Years
9%
|
Agricultural Bank of China Ltd
Glance View
Agricultural Bank of China Ltd. (ABC), one of China’s "Big Four" banks, has carved a unique niche by focusing primarily on the agricultural sector and rural finance. Founded in 1951, ABC has grown into a significant player in the global banking landscape, boasting a vast network of branches and a customer base that spans both urban and rural populations. The bank’s mission is to support the modernization of agriculture and rural economies in China. With a diverse range of financial services, including commercial banking, investment banking, and wealth management, ABC not only plays a vital role in stabilizing the agricultural sector but also contributes to the overall growth of China’s economy—a lucrative prospect for investors looking for exposure to a sector with immense government backing. In recent years, ABC has embraced technological advancements to enhance its service offerings and improve operational efficiency while maintaining a strong capital position and robust asset quality. The bank has shifted focus toward digital banking and financial innovations, effectively tapping into the rapidly evolving fintech landscape in China. As the government continues to emphasize rural development and food security, ABC stands to benefit significantly from this structural trend, making it an attractive investment for those looking to capitalize on the intersection of traditional banking and modern tech solutions. Additionally, the bank's strategic initiatives, like expanding its international presence, promise to create further growth opportunities, strengthening its appeal amidst a changing global economic environment.
See Also
What is Agricultural Bank of China Ltd's Long-Term Investments?
Long-Term Investments
10.3B
CNY
Based on the financial report for Sep 30, 2024, Agricultural Bank of China Ltd's Long-Term Investments amounts to 10.3B CNY.
What is Agricultural Bank of China Ltd's Long-Term Investments growth rate?
Long-Term Investments CAGR 5Y
12%
Over the last year, the Long-Term Investments growth was 22%. The average annual Long-Term Investments growth rates for Agricultural Bank of China Ltd have been 2% over the past three years , 12% over the past five years .