Agricultural Bank of China

company

About

Agricultural Bank of China engages in the provision of international commercial banking and financial services.

Details

Last Funding Type
Post-IPO Debt
Last Funding Money Raised
$200M
Industries
Banking,Finance,Financial Services,Venture Capital
Founded date
Jul 10, 1951
Number Of Employee
10001 - max
Operating Status
Active
Stock Symbol
sse:601288
Legal Name
Agricultural Bank of China Co., Ltd.
Also Known As
中国农业银行
Investor Type
Investment Bank

The predecessor of Agricultural Bank of China is Agricultural Cooperative Bank established in 1951. Since the late 1970s, the Bank has evolved from a state-owned specialized bank to a wholly state-owned commercial bank and subsequently a state-controlled commercial bank. The Bank was restructured into a joint stock limited liability company in January 2009. The Bank was listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange, respectively in July 2010, which marked the completion of their transformation into a public shareholding commercial bank.
Being one of the major integrated financial service providers in China, the Bank is committed to catering to the needs of Sannong and capitalizing on the synergy between the Urban Areas and the County Areas. The Bank strives to expand into the international market and provides diversified services so as to become a first class modern commercial bank. Capitalizing on the comprehensive business portfolio, extensive distribution network and advanced IT platform, the Bank provides various corporate and retail banking products and services for a broad range of customers and carries out treasury operations for their own accounts or on behalf of customers. Their business scope includes, among others, investment banking, fund management, financial leasing and life insurance. At the end of 2012, the Bank had total assets of RMB13,244,342 million, deposits of RMB10,862,935 million and loans of RMB6,433,399 million. Their capital adequacy ratio and non-performing loan ratio were 12.61% and 1.33%, respectively. The Bank achieved a net profit of RMB145,131 million in 2012.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$200M
Agricultural Bank of China has raised a total of $200M in funding over 2 rounds. Their latest funding was raised on Sep 3, 2019 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 3, 2019 Post-IPO Debt $200M 2 BNP Paribas Private Equity
United Overseas Bank
Detail
Jul 15, 2010 IPO Detail

Investments

Number of Investments
Number of Lead Investments
15
3
Agricultural Bank of China has made 15 investments. Their most recent investment was on Jan 16, 2023, when Fosun International raised ¥12B.
Date Company Name
Round Money Raised Industry Lead Investor
Post-IPO Debt ¥12B Angel Investment Yes
Post-IPO Equity ¥1.50B Battery
Nov 15, 2022 SK geo centric
Debt Financing ₩475B Chemical
Aug 24, 2022 SaNOtize
Series B $24M Biotechnology
Apr 27, 2022 Xpeng Motors
Post-IPO Debt ¥7.50B Automotive Yes

Investors

Number of Lead Investors
Number of Investors
2
2
Agricultural Bank of China is funded by 2 investors. BNP Paribas Private Equity and United Overseas Bank are the most recent investors.
Investor Name Lead Investor Funding Round
BNP Paribas Private Equity Yes Post-IPO Debt
United Overseas Bank Yes Post-IPO Debt

Employee Profiles

Number of Employee Profiles
5
Agricultural Bank of China has 5 current employee profiles, including Executive Zhang Yun
Executive
Executive
Executive
Employee
Executive

Exits

Agricultural Bank of China has had 5 exits. Agricultural Bank of China most notable exits include WM Motor ,   CNGR Advanced Material

Date Company Name Exit Type Industry
Jan 12, 2023 WM Motor M&A Automotive Detail
Dec 23, 2020 CNGR Advanced Material IPO Battery Detail
Aug 27, 2020 Xpeng Motors IPO Automotive Detail
Jun 29, 2010 Tesla IPO Automotive Detail
Jul 27, 2007 Fosun International IPO Angel Investment Detail