Agricultural Bank of China (Luxembourg) S.A.
Agricultural Bank of China (ABC) is one China's leading providers of integrated financial services. With a comprehensive business portfolio, massive distribution network and a leading technology platform, ABC serves its clients with a wide range of corporate and retail banking services, including investment banking, fund management, financial leasing, life insurance, financial marketing, and asset management.
At the end of 2016, ABC had total assets of CNY 19.57 trillion, with an annual net profit of CNY 184.06 billion; 23,682 domestic branches, ten overseas branches, and three overseas representative offices; and 14 major subsidiaries, with nine in China and five overseas.
For three consecutive years since 2014, ABC has been continuously listed as a global systemically-important bank as assessed by the Financial Stability Board. In 2016, ABC ranked 29th in the Fortune Global 500 and fifth in the list of top 1,000 banks released by the British magazine The Banker. ABC has been awarded a credit rating of A/A-1 by S&P, and an issuer default rating of A/F1 by Fitch.