Agricultural Bank of China, the national's third-largest lender by assets, announced yesterday that it has not yet decided on any foreign strategic investors ahead of its planned initial public offering.ABC, the only one of the country's Big Four state-owned banks not yet listed, said in a statement that it is in talks with the...
Microsoft yesterday signed a memorandum of understanding with Agricultural Bank of China, the nation's third-largest lender by assets, to form a strategic cooperation in the field of electronic financial projects, sources reported.Guo Haoda, deputy governor of ABC, and Microsoft CEO Steve Ballmer attended the...
Longfor Group, a Beijing-based property enterprise, said yesterday that it has signed a cooperation agreement with Agricultural Bank of China, one of the country's Big Four state-owned lenders.Pursuant to the agreement, ABC will provide RMB 18 billion in credit to Longfor Group.In addition, ABC will provide the...
Agricultural Bank of China (ABC), the only one of China's Big Four state-owned banks not yet listed, on Wednesday signed an all-round cooperation agreement with Baosteel Group, the parent of China's largest steelmaker, Baoshan Iron and Steel Co<600019>, the official Xinhua News Agency reported. Pursuant to the agreement, ABC will provide the Shanghai-based steelmaker a credit line of RMB 50...
Agricultural Bank of China (ABC), one of China's Big Four state-owned banks, on Monday signed a memorandum of strategic cooperation with the Gansu provincial government to offer the province at least RMB 156 billion in credit during the next five years to support the province's development...
Agricultural Bank of China (ABC), the last unlisted member of China's Big Four state-owned banks, has begun preparations to open branches in New York and London, Reuters reported. The establishment of the two new branches is part of its plan to build a global, 24-hour trading platform focusing on agricultural...
China Life Insurance (Group) Company, parent of China's largest insurer by premiums, China Life Insurance Co<601628><2628><LFC>, on Friday signed an all-round strategic agreement with Agricultural Bank of China (ABC) to broaden and deepen their cooperation, the Shanghai Securities News reported....
Agricultural Bank of China (ABC), one of the country's Big Four state-owned commercial banks, has collected RMB 50 billion (US$7.3 billion) through the sale of corporate bonds as part of its effort to prepare for an initial public offering, according to a statement it released on Tuesday....
Agricultural Bank of China (ABC), the nation's third largest lender by assets and the last unlisted member of the country's Big Four state-owned banks, is seeking an overseas strategic investor, said Xiang Junbo, chairman of ABC, in an interview with The Asian Banker magazine published yesterday....
Agricultural Bank of China (ABC), one of the country's Big Four state-owned banks, is making preparations to introduce strategic investors, said Zhang Yun, president of the last unlisted member of the nation's big four lenders, on Tuesday.However, Zhang did not reveal additional details, saying that ABC would make...