ABC：2018AnnualReport.pdf

1、(A joint stock company incorporated in the Peoples Republic of China with limited liability)Stock Code:1288Joint DeDication to BuilD a Beautiful chinaAnnuAl RepoRt2018 ProfileThe predecessor of the Bank was Agricultural Cooperative Bank established in 1951.Since the resumption of establishment in Fe

2、bruary 1979,the Bank has evolved from a state-owned specialized bank to a wholly state-owned commercial bank and subsequently a state-controlled commercial bank.The Bank was restructured into a joint stock limited liability company in January 2009.In July 2010,the Bank was listed on both the Shangha

3、i Stock Exchange and the Hong Kong Stock Exchange.As one of the major integrated financial service providers in China,the Bank is committed to building an international first-class commercial banking group with featured operations,efficient and convenient services,diversified functions,and demonstra

4、ted value-creation capability.Capitalizing on its comprehensive business portfolio,extensive distribution network and advanced IT platform,the Bank provides a diverse portfolio of corporate and retail banking products and services for a broad range of customers,and conducts treasury operations and a

5、sset management.Our business scope also includes,among other things,investment banking,fund management,financial leasing and life insurance.At the end of 2018,the Bank had total assets of RMB22,609,471 million,loans and advances to customers of RMB11,940,685 million and deposits from customers of RM

6、B17,346,290 million.Our capital adequacy ratio was 15.12%.The Bank achieved a net profit of RMB202,631 million in 2018.The Bank had a total of 23,381 domestic branch outlets at the end of 2018,including the Head Office,Business Department,three specialized institutions managed by the Head Office,fou