Agricultural Bank of China offices in Guangzhou. Photo: Qimin Wu via Wikimedia Commons (CC-BY-SA 2.0)The predecessor of the Agricultural Bank of China was the 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 to a state-controlled commercial bank. The bank was restructured into a joint stock limited liability company in January 2009. In July 2010, the bank was listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange. At the launch of the listing, the bank had the world's largest initial public offering (IPO) at that time. It's ranked ninth in Forbes Global 2000 list of the world's biggest public companies.
| Website | http://www.abchina.com/en/ |
| Headquarters |
No.69, Jianguomen, NeiAvenue, Dongcheng District
100005 Beijing
China
|
| CEO/chair |
Gu Shu, Zhang Qingsong and Zhang Xuguang Executive Directors |
| Supervisor | |
| Annual reports |
CSR Report 2020 Annual report 2020 |
| Ownership |
listed on Hong Kong Stock Exchange & Shanghai Stock Exchange
The main shareholder of Agricultural Bank of China is Huijin Investment, a state-owned investment company, which holds 40.03% of the shares. |
| Complaints and grievances |
Agricultural Bank of China does not operate a complaints channel for individuals and communities that may be adversely affected by its finance. The bank’s Customer Service Center can be contacted at 95599@abchina.com. |
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A bank can obtain a total of 10 points for the quality of its beef policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
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A bank can obtain a total of 10 points for the quality of its policies. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
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A bank can obtain a total of 10 points for the quality of its palm oil policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
This page evaluates Agricultural Bank of China's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
The Agricultural Bank of China has no publicly available investment policies, nor has it a web page on corporate social responsibility. The bank only lists its most recent annual CSR reports.