10 Of The Most Profitable Companies In The World

April 17, 2018

Agricultural Bank of China

Dreamstime

Agricultural Bank of China, also commonly referred to as AgBank, is another one of the big four banks in China. Headquartered in Beijing, AgBank was founded in 1951 and has numerous branches outside of China, including in Seoul, Sydney, Tokyo, New York, London, and Frankfurt. AgBank is a diversified bank with over sixty-seven billion dollars in revenue annually and held the record for the largest IPO in history until this title was recently taken over by Alibaba. Agricultural Bank of China has benefited greatly from China's financial decision in the 1990s to establish asset management companies that purchase bad loans from the banking system of China.

Continue reading to reveal yet another Chinese bank making big ways in the industry.

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