Agricultural Bank of China (SHSE:601288) Total Deposits : ¥34,665,099 Mil (As of Mar. 2024)

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What is Agricultural Bank of China Total Deposits?

Agricultural Bank of China's annual total deposits increased from Dec. 2021 (¥23,529,493 Mil) to Dec. 2022 (¥27,580,218 Mil) and increased from Dec. 2022 (¥27,580,218 Mil) to Dec. 2023 (¥32,551,965 Mil).

Agricultural Bank of China Total Deposits Historical Data

The historical data trend for Agricultural Bank of China's Total Deposits can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Agricultural Bank of China Total Deposits Chart

Agricultural Bank of China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Deposits

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20,353,064.00

21,767,417.00

23,529,493.00

27,580,218.00

32,551,965.00

Agricultural Bank of China Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Deposits	Get a 7-Day Free Trial															30,296,301.00	31,206,982.00	31,624,499.00	32,551,965.00	34,665,099.00

Agricultural Bank of China Total Deposits Calculation

Total Deposits that banks' customers have in their accounts. This is an very important source of banks' liquidity.

When banks' customers flood to their banks to take their deposit out, it may be called "Bank Run", which may bring down a bank due to liquidity issues.

Agricultural Bank of China (SHSE:601288) Business Description

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Traded in Other Exchanges

ACGBY:USA ACGBF:USA 01288:Hong Kong EK7:Germany

Address

50 Connaught Road, 25th Floor, Agricultural Bank of China Tower, Central, Hong Kong, HKG

Website

https://www.abchina.com

As one of the big four banks, ABC is headquartered in Beijing. The bank evolved from a state-owned specialized bank to a state-controlled commercial bank. It listed on the Hong Kong and Shanghai Stock Exchanges in 2010. ABC operates more than 20,000-branch network in China, providing corporate and retail banking products and services, and carries out treasury operations for its own accounts or for its customers. Shareholders Central Huijin, China's state-owned investment company, and the Ministry of Finance own 37.15% and 32.47%, respectively. Corporate banking, retail banking, and wholesale banking accounted for 41%, 53%, and 6% of total revenue in the first half of 2023, respectively. Rural banking and urban banking contributed 49% and 51% of total revenue during the same period.

Agricultural Bank of China (SHSE:601288) Headlines

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