Agricultural Development Bank of China

The Agricultural Development Bank of China (ADBC) is a policy bank of China under the State Council.[1] The bank was established in November 1994. Its main responsibilities are to raise funds based on national credit in accordance with national laws, regulations and policies, undertake agricultural policy financial services, act as an agent for the allocation of fiscal support funds for agriculture, and serve agriculture and rural economic development.[2]

For the major commercial bank, see Agricultural Bank of China.
Agricultural Development Bank of China
Native name
中国农业发展银行
Company typePolicy bank
Founded1994
Headquarters
Beijing
,
China
Websitewww.adbc.com.cn

In 2004, the bank implemented its first bond auction.[3]: 36 

See also

References
  1. "ADBC". Policy Banks China. Retrieved July 30, 2021.
  2. "招聘墙】中国农业发展银行云南省分行2018年社会招聘公告_应聘". www.sohu.com. Retrieved 2024-04-04.
  3. Chen, Muyang (2024). The Latecomer's Rise: Policy Banks and the Globalization of China's Development Finance. Ithaca and London: Cornell University Press. ISBN 9781501775857. JSTOR 10.7591/jj.6230186.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.