Abstract

This paper formulates and investigates the financial performance, ratio analysis of Agricultural Bank of China banking sector for the period 2010-2014. The study concluded that financial performance of any firm or bank can be calculated with the help of financial ratios. Financial ratio plays an important role to check the condition of any bank or company either is in profit or loss.

Highlights

  • Introduction of ABCThe Agricultural Bank of China (ABC) established in 1951

  • In January 2009 the bank was restructured into a joint stock limited company, later bank was listed at the Stock Exchange of Shanghai and Hong Kong Stock Exchange in July 2010

  • Financial ratios are widely used for the purposes to calculate the profitability and financial condition of a bank or firm

Read more

Summary

Introduction of ABC

The Agricultural Bank of China (ABC) established in 1951. Later in 1970s Agricultural Bank of China specialized and wholly state-owned as a commercial Bank and subsequently controlled by Commercial Bank. Agricultural Bank of China is one of the major banks who provide integrated financial services, capitalizing the urban areas of the country. It provides diversified services and strives to expand into international market to become first class bank. Agricultural Bank of China provides investment banking, fund banking management, financial leasing and life insurance services. Bank capital and nonperforming loan ratio are 12.61% and 1.33% respectively. Agricultural Bank of China has 23,472 domestic branches which includes Head office. Bank has four overseas branches and above five overseas representative offices. It has nine domestic subsidiaries and three overseas subsidiaries. The bank ranked No 84 in Fortune’s Global 500, ranked at No. Top 1000 World Banks due to profit before tax in 2011

Literature Review of Ratio Analysis
Findings
Conclusion
Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.