Agricultural Bank of China Ltd
BRIEF: For the three months ended 31 March 2013, Agricultural Bank of China Ltd interest income increased 6% to RMB145.91B. Net interest income after loan loss provision increased 2% to RMB76.85B. Net income increased 8% to RMB47.01B. Net interest income after loan loss provision reflects increase in interest earning assets and decrease in interest bearing liabilities.
IPO: 07/15/10, 22,235,294,000 A Shares, 07/16/10, 25,411,765,000 H Shares(if Green Shoe not applied) or 07/15/10, 25,570,588,000 A Shares, 07/16/10, 29,223,529,000 H Shares(if Green Shoe fully applied) issued by CICC, CITI, China Galaxy Securities Co., Ltd and Guotai Jun'an Securities Co., Ltd. FY'09 BS is being CLA.
Agricultural Bank of China acts as a firm that is capitalizing on the comprehensive business portfolio, distribution network and advanced information technology platform, the Bank provides various corporate and retail banking products and services for a broad range of customers and carry out treasury operations for accounts. The Firm provides services, such as personal banking, corporate banking, agro-related business, and e-banking. The Firm also offers services for financial markets, such as transaction business, money market business, precious metals business, bond underwriting and distribution, agency wealth management business and bill business.