Agricultural Bank Of China Limited operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Agricultural Bank Of China Limited with three other
companies in this sector in China:
Bank of China Limited
(2012
sales of 624.24 billion Chinese Renmimbi [US$101.65 billion]
of which 49%
was Corporate Banking),
China Construction Bank Corp
(713.60 billion Chinese Renmimbi [US$116.20 billion]
of which 30%
was Corporate Banking), and
Industrial And Commercial Bank Of China Ltd
(846.54 billion Chinese Renmimbi [US$137.85 billion]
of which 33%
was Corporate Banking).
Sales Analysis.
Agricultural Bank Of China Limited reported sales of 652.54 billion Chinese Renmimbi (US$106.26 billion)
for the
year ending
December of 2012.
This
represents
an
increase of 19.1%
versus 2011, when the company's sales were 548.09 billion Chinese Renmimbi.
This was the third consecutive year of growth at Agricultural Bank Of China Limited.
Sales of Treasury Operations saw an increase
that was more than double the company's growth rate: sales were up
674.6% in 2012, from
22.84 billion Chinese Renmimbi to 176.95 billion Chinese Renmimbi.
Agricultural Bank Of China Limited also saw significant increases in sales in
Corporate Banking (up 32.2% to 288.99 billion Chinese Renmimbi)
and
Other (up 81.8% to 1.64 billion Chinese Renmimbi)
.
Not all segments of Agricultural Bank Of China Limited experienced an increase in sales in 2012:
sales of Personal Banking fell 28.3% to 98.49 billion Chinese Renmimbi.
Business Description