Agricultural Bank of China. [File photo] |
No 3 Agricultural Bank of China
The predecessor of Agricultural Bank of China is Agricultural Cooperative Bank established in 1951. The State-owned bank, China's largest rural lender by assets, said net profit rose 14.5 percent in 2013. The bank reported profit of 166.21 billion yuan ($27.02 billion) for the 12 months to Dec 31, from 145.13 billion yuan in 2012.
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