ABC's overseas pre-roadshow investor Feedback Positive

Shi Information Miaoyan Pan 0 editor Yu Yong Yanggang reporter from a number of intermediaries learned that the preparation of the listing of Agricultural Bank, in Asia, Europe, the United States and the Middle East recently met some key cornerstone investors, and received positive feedback from these investors. Industry insiders expect the IPO to be a hot win for international investors.　　At the same time, the domestic road show is also in intensive progress, the source said, the insurance funds for AgBank's IPO enthusiasm higher. According to the introduction, in the past because of international investors to ABC's knowledge is not much, after meeting with ABC management and listen to its introduction to ABC, that the quality of AgBank's assets better than expected, non-performing loans in the separation after the good level of control.　　Some investors even think that AgBank's asset-quality indicators are better than the other three, before they go public. A foreign institutional investor said AgBank's current loan structure is more reasonable, especially in the riskier cyclical sectors of real estate, steel and cement, where the potential for future non-performing loans is small.　　This has made them less worried about the bank's bad loans in the past. In addition, AgBank's huge retail banking network has surprised many investors. They believe that this huge network can in the future for Agricultural Bank to bring unlimited development opportunities.　　An industry personage pointed out that the Chinese economy is transforming to the domestic demand economy today, AgBank's retail banking network advantage will become an important way for international investors to invest in Chinese consumption concept. ABC's service to the "three rural" positioning, in the past has let many investors deterred. They used to think that this part of the business has low profit margins and slow growth. However, as the Chinese government has introduced a series of policies to increase rural financial supply and improve the operating environment of county financial institutions in recent years, the sustainable development of county economy will promote the significant growth of financial products and services demand.　　Many foreign-funded institutions have shown great interest in the development of China's rural finance and are participating in the development of rural financial institutions in different forms. It is understood that the current financial services in the county area of the permeability is still low, and the rapid development of county economy to form a large contrast. In the 2008, the ratio of loan in county area to GDP was 40.2%, while that of urban area reached 171.5%. A banking analyst pointed out that with the growth of fixed assets investment and the upgrading of consumption structure, the credit demand and personal financial demand of rural infrastructure construction, public facilities construction, real estate development, agricultural products processing and so on will be increasing. At the same time, the increase of financial demand brought by agricultural modernization will promote the development of related intermediary business such as financial leasing. Agricultural Bank in this area is clearly unique advantages, especially across urban and rural network and business model, can help agricultural bank to achieve across urban and rural development.