Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. China
  4. Shanghai Stock Exchange
  5. Agricultural Bank of China Limited
  6. News
  7. Summary
    601288   CNE100000RJ0

AGRICULTURAL BANK OF CHINA LIMITED

(601288)
  Report
End-of-day quote Shanghai Stock Exchange  -  2022-12-07
2.900 CNY   +0.69%
12/07Chinese Real Estate Bond Prices Rise on Rumors of Loan Repayments
MT
12/02Agricultural Bank of China Limited Appoints FU Wanjun as President
CI
12/02Agricultural Bank of China Limited Announces Board Appointments
CI
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Agricultural Bank of China Ltd : ABC Builds up “Intelligent Banking” with Ten-Year Efforts

12/10/2012 | 04:44am EST

On November 26, Agricultural Bank of China Limited (ABC) held a marketing campaign in Shenzhen to celebrate the tenth anniversary of its e-Banking business. Mr. Cai Huaxiang, Executive Vice President of ABC, Ms. Li Qingping, Retail Banking Director and General Manager of the Personal Banking Department, Mr. Xiang Songzuo, Chief Economist of ABC, and Mr. Ma Shuguang, General Manager of the e-Banking Department attended the ceremony.
Mr. Cai Huaxiang reviewed the development history of ABC e-Banking over the past ten years. He expressed that e-Banking was a platform for product innovation and customer service, a useful tool to develop and retain customers, and a channel to promote brand and create value. E-banking has become the indispensable means for ABC to deepen business transformation and cultivate core competitiveness.
Since online banking services were launched in 2002, ABC has closely followed customer demand and continued with innovation, and as a result, establishing a wide, steady and loyal customer base. ABC's numbers of personal online banking customers leads the industry, and that of corporate online banking customers. ABC remains among the top tier of Big Banks, with its annual average growth exceeding 60%. By the end of September 2012, the number of registered customers for corporate online banking reached 1.7573 million and the transaction volume totaled RMB38.35 trillion.
Leading the trend in online transactions
ABC's online banking has offered online financial services since April 8, 2002, and has been dedicated to innovation in concept, channel, operation and management. From primarily a service for account management, ABC's e-Banking has developed into to a comprehensive platform integrating financial transactions, agent distribution, wealth management and marketing, and thus fundamentally changing our customers' way of life, work and study during the past decade.
Over recent years, ABC has further strengthened integration of e-Banking channels. By fully tapping into the advantages of its portal website and personal online banking in information inquiry and transaction processing, ABC launched an innovative online transaction mode, and devised the one-stop "smart" solutions with functions such as information browsing, product comparison, purchase decision-making and transaction processing, This integration greatly improved the customer experience. The launch of the online transaction mode effectively catalyzed ABC's business transformation, playing a major role in enhancing business development and corporate image, and creating high brand and earning value.
Creating a new mode for interactive exchange
ABC Interactive e-Channel is a customer-to-bank and customer-to-customer online service platform which the ABC portal website provides to online banking customers. In line with the usage habits of Internet users, it transforms customer service from its original platform of counters, telephone, and SMS to online channels, enabling customers to easily look up and browse various ABC financial products while using familiar computer tools.
Additionally, Interactive e-Channel integrates pre-sale marketing, in-sale guidance and after-sale follow-up, addressing the weak link of customer-bank interaction. By providing a new channel for customers to access information about ABC e-Banking, Interactive e-Channel effectively solves customer questions arising at any time and reflects the development direction of real-time and all-the-way "intelligent service".
Customer participation, discussions, surveys and expert comments are integrated to ensure quality customer experience of products. Through this new information channel and service platform, ABC has created a new service mode of direct service to retail customers and joint participation throughout the bank.
Building up top-ranking "Intelligent Banking"
Recently, ABC defined e-Banking as one of the strategic pillar businesses of the bank. By combining financial business with the latest information technologies, ABC promotes e-Banking innovation in concept, channel, operation and management and is a front-runner in decision-making, brand, performance, and system building within the e-Banking sector.
Over the next three years, ABC will actively expand its customer base, focus on high net-worth customers, and set up an integrated e-Banking operation system featured by advanced technology, strict control, efficient operation and swift response, continuing to advance "Intelligent Banking" in the information age.

distributed by

© Publicnow 2012
All news about AGRICULTURAL BANK OF CHINA LIMITED
12/07Chinese Real Estate Bond Prices Rise on Rumors of Loan Repayments
MT
12/02Agricultural Bank of China Limited Appoints FU Wanjun as President
CI
12/02Agricultural Bank of China Limited Announces Board Appointments
CI
12/02Exclusive-China's top banks to issue offshore loans to help developers repay debt -sour..
RE
11/28China Sunshine Paper Unit Lends $7 Million Each to Two Chinese Companies
MT
11/23Chinese Property Sector Rises After Banks Extend Funding Support
DJ
11/23Fitch Affirms Agricultural Bank of China's Long-Term IDR at 'A'; Outlook Stable
AQ
11/23Three of China's biggest banks to provide support for property developers
RE
11/20China's Banking Sector Assets Grow 10.2% in January-September Period
MT
11/16SK Geo Centric Obtains $358 Million Sustainability-Linked Loan
MT
More news
Analyst Recommendations on AGRICULTURAL BANK OF CHINA LIMITED
More recommendations
Financials
Sales 2022 753 B 108 B 108 B
Net income 2022 248 B 35 528 M 35 528 M
Net Debt 2022 - - -
P/E ratio 2022 3,35x
Yield 2022 9,25%
Capitalization 997 B 143 B 143 B
Capi. / Sales 2022 1,32x
Capi. / Sales 2023 1,26x
Nbr of Employees 455 174
Free-Float 62,9%
Chart AGRICULTURAL BANK OF CHINA LIMITED
Duration : Period :
Agricultural Bank of China Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AGRICULTURAL BANK OF CHINA LIMITED
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 22
Last Close Price 2,30 CNY
Average target price 2,90 CNY
Spread / Average Target 26,1%
EPS Revisions
Managers and Directors
Shu Gu Chairman & President
Jing Dong Wang Chairman-Supervisory Board
Xin Xin Wang Independent Non-Executive Director
Zhen Zhong Huang Independent Non-Executive Director
May Yee Leung Ko Independent Non-Executive Director