Agricultural Bank of China Limited is the third largest bank in China with estimated assets of CNY15.974 trillion. It is the fourth largest bank in the world by assets and is placed sixth on market capitalization. It specializes in financing services to agricultural, commercial, industrial and transportation companies. It has over 23,600 domestic branches in China and 8 overseas branches in Hong Kong, Singapore, Seoul, New York, Dubai, Tokyo, Frankfurt and Sydney. It also has representative offices in Vancouver and Hanoi.
Agricultural Bank of China Sydney Branch got its license to carry out banking business from the Australian Prudential Regulation Authority on 25th March 2014. It consists of seven departments that includes Corporate Banking, treasury, Trade Finance, Operations, Risk Management & Compliance, Finance & Accounting and Administration.
It offers many different services to its clients such as corporate lending, trade finance, multi-currency settlements, remittance and many more. It also offers its services to promote business activities with multinational enterprises, Chinese inbound investors in Australia, Australian companies and other financial institutions in Australia.
It offers innovative banking products and services to their clients in China and Australia to promote bilateral economic cooperation between both the countries.
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