Agricultural Bank Research Articles

Concentrated Commonalities and Systemic Risk in China’s Banking System: A Contagion Network Approach

Chinese banking system has seen increasing convergence in exposures to different asset types. This concentrated commonalities have far reaching implications on systemic financial risk. By subdividing banks' assets on their balance sheets into 20 types, we construct a bipartite financial network using China's data in 2019 and 2020. A linear model is proposed to measure each bank's systemic importance (SI) and indirect vulnerability (IV), and the contagion strength between pair-wise banks (C), with respect to exogenous shocks originated from different sectors of the real economy. Results show that (1) concentrated common exposure to mortgage is demonstrated to be the most significant source of systemic vulnerability; (2) the derived contagion network shows the property of ``small world, which plays an important role in generating systemic risk, amplified non-linearly by multi-rounds of contagion; (3) Agricultural Bank of China along with seven other banks are identified as systemic important, Guangdong Development Bank as well as five other regional banks are suggested to be vulnerable, and Postal Savings Bank of China and China Construction Bank are critical nodes in transmitting risks. These findings contribute to more efficient and preciser macro prudential regulations.

Growth Analysis of Joint Liability Groups (JLGs) in India - With Special Reference to Tamil Nadu

Joint Liability Groups (JLGs) has been a noteworthy developmental mechanism in microfinance group-lending model advancing towards uplifting materialistic collateral-less and unbanked poor society in the direction of self-sustainability through easing access to formal financial services with a proposal for self-employment which remained to be pursued as their dream for so long. The present study seeks to document expansionary trend in JLGs and to identify major benefits, constraints and suggestions of JLG member-beneficiaries with purview of supporting further development towards promoting and financing more JLGs in India.
 Aim: The present study attempts to document the trend in growth of JLGs supported by National Bank for Agriculture and Rural Development (NABARD) in India and to identify major benefits, constraints and suggestions in functioning of JLGs through Bank-Business Corporate (BC) linkage model among its member-beneficiaries which would serve researchers and policy makers to arrive at appropriate measures to expedite advancement in expansion and magnification of trend of JLGs in India.
 Design of Study: The study employed secondary data from annual publication of NABARD “Status of Micro Finance in India” for 2011-12 to 2019-20 for JLG trend analysis. Following purposive sampling, 3 blocks of Namakkal district were studied during August 2021, purposively selecting Bank-Business Corporate (BC) linkage model and randomly selecting well-experienced 30 member-beneficiary groups.
 Methodology: The study adopted Compound Annual Growth Rate (CAGR) for JLG trend analysis and Garrett’s ranking procedure to prioritize major benefits, constraints and suggestions of JLG members.
 Findings:
 
 Overall growth rate of India stands at 44.86% in terms of number of JLGs promoted and 60.73% in terms of quantum of JLG loan disbursed. Northern region excels growing at the rate of 62.53% in the former category while Western region exhibits expeditious rate of growth (75.19%) in the latter.
 Tamil Nadu leads the lane in terms of cumulative quantum of credit disbursed ranking second to Bihar in terms of cumulative number of JLGs promoted in India. Orissa manifests rapid growth among leading five states in both categories cumulatively.
 
 With women empowerment socially and economically, easy access to formal credit and better repayment as major benefits of JLG participation, hiking initial loan amount, aiding in identification of microenterprise, training and capacity building in related fields, introducing technological innovation on demand-side and linkage to product marketing and brand promotion on supply side were suggested areas of concern towards encouraging massive promotion of JLGs..

قياس الكفاءة النسبية للمصارف الحكومية باستخدام تحليل مغلف البيانات (DEA) للمدة (2010-2019)

The research aims to apply the data envelope analysis method to measure the efficiency of Iraqi government banks for the period (2010-2019) and to implement the objectives of the research, the method of data envelope analysis was chosen on (7) government banks for the period (2010-2019), this research means measuring the efficiency of the Iraqi banking system The research reached a main conclusion that (6) banks did not achieve efficiency, namely (Al-Rafidain Bank, Al-Rasheed Bank, Agricultural Bank, Industrial Bank, Real Estate Bank, Trade Bank of Iraq) and one bank that achieved efficiency during the period 2010-2019, which is (Al-Nahrain Bank Islamic(. Therefore, the research recommends Iraqi government banks to work to raise their efficiency by modernizing banks to strengthen their financial positions, and to provide new banking services to face intense competition in light of the liberalization of banking services trade, and the research recommends the necessity of financing provided by government banks to achieve economic development.

EVALUATION OF FINANCIAL PERFORMANCE OF CENTER PIVOT VERSUS FURROW IRRIGATION SYSTEMS IN SUGARCANE PRODUCTION AT GREEN FUEL ESTATE IN CHIPINGE, ZIMBABWE

The study was conducted at Green Fuel Chisumbanje Estate in Chipinge, Zimbabwe. The study evaluated financial performance of Center pivot versus Furrow irrigation systems in sugarcane production. Secondary data were obtained from the Estate, Zimbabwe Electricity Transmission and Distribution Company, Agricultural Bank of Zimbabwe, Commercial Bank of Zimbabwe, First Capital bank, Zimbabwe National Water Authority and FAOSTAT. Cost Benefit Analysis (CBA) was used to assess financial performance. Furthermore, a sensitivity analysis was done to measure the responsiveness of financial performance to changes in market interest rate. CBA results showed that the Center pivot system is more financially viable [Net Present Value (NPV) =USD36 472; Internal Rate of Return (IRR) =50% and Benefit Cost Ratio (BCR) =1.26] than Furrow the system (NPV=USD24 414; IRR=49% and BCR=1.06). Furrow system was found to be less desirable (BCR falling from 1.06 to 0.99) than Center pivot system (BCR falling from 1.26 to 1.17) in case the discount rate increases from 15% (lowest market rate by commercial banks during study period) to 18% (highest market rate charged by commercial banks). The study concluded that the Center pivot system is more financially viable for sugarcane production despite having higher investment costs than the Furrow system. The study recommends Green Fuel Estate to invest more on the Center pivot system than Furrow system in the long-run.

Financing smallholder tree planting: Tree collateral & Thai ‘Tree Banks’ - Collateral 2.0?

Smallholder foresters are amongst the key stakeholders for sustainable development and productive land use. In Thailand they face various challenges including insufficient tenure, burdensome commercialization, and limited access to markets. Similarly, forestry specific financial services are often unavailable. Key obstacles include cash flow constraints attributed to the long gestation periods and a lack of conventional collateral to obtain loans. As a response to the lack of sustainable financing mechanisms for forest smallholders, tree collateral and Tree Banks emerged in Thailand. This paper depicts the evolution of the innovative Thai tree collateral approaches and conceptualizes their intricacies. Tree collateral refers to the use of trees as a business security for loans. Thailand’s innovative national Tree Bank systems provide the context for this case study. Based on expert interviews (n = 39) and subsequent secondary literature review as well as process tracing, the article explores potentials and shortcomings of the tree collateral approaches in Thailand. There are significant conceptual and ideological differences between the two Tree Bank institutions, namely the Tree Bank BAAC (Bank of Agriculture and Agricultural Cooperatives) and Tree Bank CSO (Civil Society Organization). These differences focus on the need to include private land together with trees as collateral. In addition, core constraints remain for tree collateral such as limited tenure and valuation procedures and high gearing ratios. The discussion of risks reveals mainly socio-economic and financial risks for smallholders and financing institutions. Standardization procedures and mitigation strategies including micro-insurances are indispensable. The process tracing revealed causal mechanisms that lead to tree collateral, including aggregation amongst smallholders as well as specific enabling policy reforms. Tree collateral represents an innovative and promising tool but is not the ‘silver bullet’ that magically solves the financial challenges of smallholders. Rather it is niche-specific and requires a series of broader prerequisites for successful and low-risk implementation especially in the context of smallholder forestry.

Analysis of Smallholder Farmers Repayment of Bank of Agriculture Loan in Ezza South Local Government Area of Ebonyi State, Nigeria (2009-2018)

Smallholder farmer’s repayment of Bank of Agriculture (BOA) loan in Ezza South Local Government Area of Ebonyi State was studied using 120 smallholder farmer beneficiaries selected using multistage sampling technique. Data were collected from primary source only using structured questionnaire and analyzed using both descriptive and inferential statistics. Results showed default of 32.3% as out of N333, 997,620.50 were disbursed to the farmers a total of N226, 080,887.00 were repaid. However, the socioeconomic characteristics of the loan beneficiaries contributed about 75 % (R2 = 0.754) significant influence on repayment of Bank of Agriculture loan. Meanwhile, high interest rate, excessive bureaucracy, high rate of illiteracy, late approval of loan, lack of collateral, short payback period, and low farm output were identified as the major constraints to the repayment of BOA loan. It is recommended that as a measure to promote efficient and timely repayment of BOA loans by the farmers, management of BOA should address the institutional factors such as high interest rate, excessive bureaucracy and late approval of loan, high-value collateral and short payback period that were identified as the major constraints to BOA loan repayment.

Forensic considerations on the two major civilian terrorist events occurred in Milan: A retrospective autopsy-based study

Explosion-related deaths are a disregarded topic of forensic sciences, despite the pivotal role of the forensic pathologist in such investigations. In fact, very few scientific articles have been published up to now, even if there is a considerable increase of terrorist attacks worldwide due to the use of improvised explosive devices (IEDs). In this paper, the authors show a retrospective autopsy-based study on the two major civilian terrorist events which occurred in Milan (Italy). The first one took place in a closed system, where a gelignite bomb was set inside the National Agriculture Bank in December 1969. 17 people were killed, and all of them underwent forensic autopsies, which were performed at the Milan Institute of Legal Medicine. The second event took place in an open system, where a car bomb exploded in Palestro Street in July 1993. 5 people were killed, forensic autopsies were performed as well. A total of 22 explosion-related deaths were assessed in this study. For each victim, the analysis of clothes, external and internal examinations were reported; furthermore, a statistical analysis using Fisher’s exact test was carried out in order to show differences among blast injuries that occurred in a closed system versus an open system. The analysis of the autopsy reports, which included the descriptions of clothes, and the injury patterns allowed a possible reconstruction of the bodily exposure side of the victims in relation to the origin site of the explosive devices.

The Influence of Financial Well-Being, Financial Literacy, Financial Capability, and Money Attitude on Local Farmers’ Attitude in Using Agricultural Banking Service in Blitar Regency, Indonesia

The purpose of this research is to generate the correlation between several variables of financial perceptions which consist of financial well-being, financial literacy, financial capability, and money attitude towards local farmers’ attitude in using agricultural banking services in Blitar Regency. This research uses the theory which stated that financial perception has direct influences on the individual financial attitude. A total of 502 sample which includes local farmers in Blitar Regency were selected through a systematic random sampling technique. The instruments of this study using previous questionnaire that have been adjusted in terms of language and evaluated by using reliability testing. The output from data collection were analysed using multiple linear regression technique. The findings indicate that there is a high and positive linear relation ship between financial well-being, financial literacy, money attitude, and local farmers’ attitude in using agricultural banking services in Blitar Regency. On the other hand, financial capability variable indicates unsignificant relationship with local farmers’ attitude in using agricultural banking services. The findings also proved that the combination of predictor variables of financial perception contributed significantly to the local farmers attitude in using agricultural banking services in Blitar Regency. This study suggested that the manager of Blitar Raya Agricultural Bank should focus more in developing the local farmers’ knowledge in terms of the importance of financial well-being, the level of financial literacy, and money attitude by changing the curriculum of bi-weekly workshop which supported by several material related with financial knowledge.

Designing of a successful management of green human resources with the use of explanatory-structural attitude (study case: Keshavarzi bank of Ardabil province)

Background and Objective: Management of green human resources is one of the most important columns in green management, and in recent years it interests many of researches of human resources management. Green management with optimization of resources and devaluation of wasting energy is in transforming from financial system to genius economic. The aim of this study, is to design a structural model of management of green human resources on the foundation of human being management system that offers for the first time in the green human management’s literature. Method: In this study first the most important factors of vital cases which cause the success in management derived. Then, these factors were given to 150 experts of Keshavarzi bank of Ardabil province by questionnaire. After the gathering questionnaire, preliminary dials with the use of analyses stand in four elements. With the help of structural-explanatory model and asking from 10 virtuosos of agricultural bank of Ardabil province these factors analyzed and relationship between these variables discovered. Findings: The results of interpretive structural modeling on the four factors involved in the implementation of green human resource management show that the factor of green thinking and the environmental management factor have weak influence and weakness. Human resource management factor has weak influence but high dependence and green movement factor with high influence and low dependence.Results show that, the green move factors in the green human resource management in agricultural bank of Ardabil province was vital and must be in the first grade.

An Overview of Sustainable Development through Micro Finance: A Study of Self Help Group – Bank Linkage Program in Central Region of India.

Micro finance is playing an important role in India for socio-economic development of those citizens who are economically and socially backward. Micro – finance have become a vital tool for promoting financial inclusion in the country. In India, as per 2011-12 censuses, 21.9% population was below poverty line. Self Help Group – Bank Linkage Program has been continuously working since its inception for alleviating poverty in the country. Self Help Group- Bank Linkage Program was started as a pilot project by National Bank for Agriculture & Rural Development (NABARD) in the year 1992. NABARD was established in the country in the year 1982 and since its establishment, it has been continuously working in analyzing most suitable financial policies, loan disbursement methods and other allied services for promoting financial inclusion in the country. The program had been proved an important channel for smooth operation of micro-finance in the country and a yard stick for measuring growth and development of socio- economic conditions of deprived and poor people. As a pilot project, NABARD aimed to finance 500 Self Help Groups in February 1992. It has shown a tremendous growth and reached to landmark increment in number of Self Help Groups which were 55.77 lakhs as on 31-03- 2020. The present study aims to find out the growth of micro finance through SHG- Bank Linkage Program by National Bank for Rural Development in Central Region of India during a decade period ending financial year 2020. The study would analyze the Savings of SHGs’ with Banks, Bank Loans disbursed to SHG’s and Bank Loan outstanding against SHGs’ during above mentioned period.

Nigeria’s Bank of Agriculture: An Agenda for Organizational Renewal

Bank of Agric (BoA) was establish as a special purpose specialized financial institution to provide agricultural loans to deserving customers as a way to promoting access to affordable credit facilities to segments of the Nigerian society that have little access to the services of conventional banks while accepting savings deposits from customers and encouraging banking habits at the grass-roots. However, the performance of the bank has been below expectation because it has not fulfilled purpose. In a country like Nigeria of N200 million population, where agriculture currently provides about 54 per cent of employment and the quest for economic resilience and sustainability is further driving diversification into agribusiness, improving access to agricultural credit, is imperative. It is against this background that the need to reposition the bank becomes necessary. It is recommended that the bank be partially privatised for access to increased / private capital, while its operations should be modernized and computerized to improve customer convenience and operational efficiency.

Competition, performance and financial stability in US agricultural banking

PurposeThe number of US commercial banks has declined by about 50% over the last two decades. This change could lead to a potential decline in competition and a potential increase in market power in the agricultural banking market. The focus of this study is to examine whether the risk of failure and the performance of agricultural banks has been affected by bank consolidations.Design/methodology/approachThe impact of bank competition on performance and financial stability of agricultural banks is studied using a Lerner index as a measure of market power. A Z-score is constructed to measure bank stability. Similarly, the return on assets (net income to total assets ratio), return on equity (net income to the total equity ratio), agricultural loan ratio and agricultural loan volume are used as performance measures for agricultural banks. Two-way fixed effect regression models are estimated to measure the impact of competition on financial stability and performance.FindingsResults indicate that bank competition has a U-shaped effect on the probability of default and an inverted U-shaped effect on volume and proportion of agricultural lending. There also exists evidence of a positive but non-linear effect of bank market power on the profitability of agricultural banks.Originality/valueThere is limited literature on the impact of bank competition on financial stability and performance of US agricultural banks. Agricultural banks hold more than 40% of US farm debt. A decrease in the number of banks or the level of competition in agricultural banking may cause an adverse effect on relationship lending. The key findings imply that bank regulatory strategies should focus on enhancing (reducing) competition in more (less) concentrated banking markets to improve the financial health and performance of agricultural banks.

Distinctions and terms of soft financing to Russia's agricultural enterprises

Subject. Under the current circumstances, the State and commercial banks invent how to support agricultural producers due to the high priority of agriculture for the national security and the high standards of living of people. Soft financing is a mechanism the State uses to support agricultural enterprises, thus stimulating the agricultural production through debt finance. Objectives. I identify distinctions and determine positive and negative aspects of soft financing granted for agricultural producers. Methods. I referred to official data of the Federal State Statistics Service of the Russian Federation, Ministry of Agriculture of the Russian Federation, Russian Agricultural Bank. I applied methods of analysis and synthesis, induction and deduction, the systems approach. Results. I analyzed typical traits of soft financing to agricultural enterprises. The article indicates the role of authorized banks as systemically important credit institutions in Russia as part of the soft financing mechanism. I conducted the comparative analysis of commercial lending and soft financing to businesses, pointed out key differences between their mechanisms. The article spotlights the shortage of working funds, which results from distinctions of the agricultural sector. I investigated the impact of the sectoral and intrasectoral specifics of agriculture on the lending process. Referring to the key differences of commercial lending and soft financing to agricultural producers in the Russian Federation, I figured out positive and negative aspects of soft lending. Conclusions and Relevance. Agricultural producers operate, being exposed to high risk. Therefore, commercial banks take risks into account when setting up the cost of loans. High rates on loans are unaffordable for the majority of small and medium-sized agricultural businesses, thus complicating the finance of agricultural producers’ operations. Agricultural enterprises demonstrate a rather low profitability, thus impeding the performance of lending principles, such as repayment, timeliness, serviceability.

MEASURING THE EFFICIENCY IN LENDING OPERATIONS OF STATE CO-OPERATIVE BANKS IN INDIA

Co-operatives are member driven and democratic in nature and played a pioneering role in providing agricultural credit to a very large rural population, especially in remote areas. The State Co-operative Banks (SCBs) are the apex level co-operative credit institutions and play a significant role in the functioning and growth of the co-operative credit structure in the respective states. Financial assistance from Reserve Bank of India and National Bank for Agriculture and Rural Development (NABARD) are mainly routed through the state co-operative banks and hence they have to ensure efficiency in their lending operations. The study has used the benchmarking technique DEA and revealed higher deviations in efficiency scores among state co-operative banks. The problems and challenges of SCBs differ from state to state. Hence in every state, the management and the regulating authorities should work on transforming the co-operative credit system into a viable and self- sustaining system by identifying and addressing their core inefficiencies.

Evaluating the Group Lending Development at the Vietnam Bank for Agriculture and Rural Development: A Case Study in Bac Giang Branch II

Group-based lending is a form of loan provision for individuals and households in rural areas for production and consumption purposes. Proceeding from the imbalance between demand and supply on small-scale capital, and also Government policies on sustainable poverty reduction, the Vietnam Bank for Agriculture and Rural Development (Agribank) has coordinated with its local authorities and socio-political organizations to provide loan services via group lending. The purpose of this paper was to evaluate the status of group lending development of the Agribank-Bac Giang Branch II. The paper used secondary data collected from the branch and primary data gathered from 50 representative customers and 10 credit officers related the group lending of the branch. Data analysis methods consisted of descriptive statistics and comparative analysis, incorporated with the measurements for bank performance and quality. The findings show positive prospects in both the bank and customers for the development of group lending activity and obstacles in the group lending development of the branch. The paper also proposes some solutions for the branch to tackle difficulties and promote the development of group lending in the branch in Bac Giang province.

Comparative analysis of reviews of the Russian Agricultural Bank

The paper analyzes reviews of the Russian agricultural Bank (the study’s object, one of the largest banks in the Russian Federation, specializing in financing enterprises in the agro-industrial complex). We used the Mann-Whitney U statistical test, The Wilcoxon signed-rank T test nonparametric statistical test, and the Pearson correlation coefficient to compare subsamples. In the study results, we determined that reviews with a higher rating are less understandable and straightforward and contain more complex texts. Conversely, reviews with lower ratings are more specific and easier to understand. Thus, we can reject the null hypothesis that the subgroups of reviews rated “5” and “from 1 to 4” are quantitatively the same.

Features and problems of lending to agricultural enterprises

The agro-industrial complex (AIC) is considered a high-risk area, since the activities of agricultural producers are influenced by natural and climatic conditions, the seasonal nature of revenue from sales of products. Features of the reproduction process in the agro-industrial complex affect the sources of financing the production activities of agricultural enterprises, among which bank loans play a significant role. The article discusses the features of credit risk management of JSC “Russian Agricultural Bank”, reveals the features of Bank lending in this area. Lending plays an important role in the development of agriculture. For agribusiness enterprises, it is the main source of updating production and working capital. Loans are provided for the purpose of improving production assets, increasing capacity, and other aspects. Therefore, risk management is becoming increasingly important and is becoming one of the most important conditions for ensuring the economic security of credit institutions. Implementing targeted and consistent risk management requires significant organizational effort, time, and other resources. An effective risk management system, in particular credit risk, is one of the necessary conditions for the sustainable development of JSC “Russian Agricultural Bank”.

English

The focus of this research was to identify the role played by agricultural cooperatives in rural development in the era of liberalization in the North West and South West regions of Cameroon. Primary sources were used for data collection. Questionnaires were administered to 329 respondents from 52 agricultural cooperatives in 40 villages with a response rate of 78.7% in the North West Region and 21.3% in the South West Region. Agricultural cooperatives and government officials were interviewed in both regions. Findings from the field show that 80% of the respondents agreed that agricultural cooperatives play a role in rural development especially in the areas of trainings, increased output production, the provision of inputs and marketing of farmers produce. Agricultural cooperatives can effectively and conveniently handle only two major roles in its rural development efforts: Improved Agricultural Production and Capacity Building. Seventy percent of the respondents declared that they were satisfied with the role agricultural cooperatives play in rural development despite the socio-political crisis in the study area. The government should increase investments in agriculture and rural infrastructure and create an agricultural bank to enable agricultural cooperatives play its role fully in rural development. Key words: Agricultural cooperatives, rural development, liberalization, Cameroon.

Impact of Bank Loan on Artisanal Fishing in Rivers State: A Case of Bank of Agriculture (BOA)

The study focused on the impact of Bank loan on Artisanal Fishing in Rivers State: A case of Bank of Agriculture (BOA). The objectives of the study were to identify the Socio-economic characteristics of the fishers. Identify areas of impact from the Bank Loan and possible challenges. Purposive and random sampling were adopted to select (60) BOA loan beneficiaries and 40 non beneficiaries. Descriptive and inferential statistical tools were used in analysis such as frequencies and Likert-scale, etc. Socio-economic characteristics of the respondents shows that average age of loan beneficiaries was 47.3, non-beneficiaries was 42.9, About 86.6% of beneficiaries and 70% non-beneficiaries were male, 13.33 and 30% respectively, were female. Average family size was 5.6 and 5 for both beneficiaries and non-beneficiaries. About 66.67% and 77.5% of beneficiaries and non-beneficiaries has at least secondary school education. The result showed that, there was significant improvement in the income of the beneficiaries of BOA Loan, most of them invested the loan to expand their operations, purchase fishing gears which resulted in increased output/catch. Some of the challenges include: Distance to the city, documentation process and mandatory cash deposit as well as volume and timing of the loan, insecurity of water ways, Obnoxious activities of oil companies/ pollution of water and lack of equipment etc. The study recommended that more attention should be focused on granting of loans to rural and artisanal fisher folks, the Bank should open rural branches and cash offices. Government and Non-Governmental agencies should be encouraged to make fund available, adequate policing of the water ways to check the activities of sea pirates. Multinational oil companies should adopt international best practices to minimize pollution of our water and marine environment.

New Model of Sustainable Supply Chain Finance Based on Blockchain Technology

Blockchain technology has received more and more attention from all walks of life and has also been sought after by the market and financial institutions. More and more financial institutions and Internet companies have begun to participate in the research of blockchain technology. The application scenarios are also constantly expanding, and the landing in the financial field is the focus of all social concerns. This article takes Agricultural Bank as an example, analyzes its current advantages and disadvantages in using blockchain technology, and proposes policy recommendations based on this to provide a reference for joint-stock commercial banks to better use blockchain technology to improve business performance. Based on the theoretical analysis, this article studies the use of blockchain technology by joint-stock commercial banks, and selects Agricultural Bank, which has a well-developed financial technology in joint-stock commercial banks, as a case study. From the operating background of the agricultural bank and the cross-border payment and settlement business, the background begins with the agricultural bank's own business practices in blockchain technology and the traditional cross-border business and the innovative development of agricultural bank's blockchain technology, and then the application of event analysis to the application effects of agricultural bank's blockchain technology analysis. This paper analyzes the SWOT-PEST of the agricultural bank's use of blockchain technology, combined with the theoretical analysis of blockchain technology in this article, comprehensively analyzes the agricultural bank's use of blockchain technology in four aspects: policy, economy, society, and technology. Strengths, weaknesses, opportunities, and challenges. Through analysis, we can have a comprehensive view on the application of blockchain technology by Agricultural Bank, and based on this, we can summarize the problems that Agricultural Bank may have in applying blockchain technology. Through the analysis of the blockchain, we can see that the growth rate of agricultural bank's net profit was higher in 2013 and 2014. Finally, the article puts forward suggestions for the development of agricultural bank under the blockchain technology.