Junbo: AgBank's net profit growth rate is the top four.

Source: Internet
Author: User
In the July 5, the Agricultural Bank of China Limited initial public offering of a share online promotion will be held in the Chinese securities daily. Junbo, chairman and executive director of Agricultural Bank of China, said at the promotion meeting that the current Agricultural Bank's many operating indicators are much higher than the level of the market, at the end of 2009, the total assets of ABC 8.8825 trillion yuan, accounting for the total assets of the national banking 11.3%; net profit of 65 billion yuan,  Growth of 26.3% per cent compared with 2008, the net profit growth rate is the top four lines. Junbo said at the meeting, hope that through this a+h issue listing, the establishment of Agricultural Bank of China's new capital operation platform to support all business comprehensive, healthy and sound development, with the vast number of investors to share the growth of Agricultural Bank of China's return and reform results.  At the same time, taking this opportunity, ABC will make full use of the existing business advantages, starting from customer demand, set up a profit promotion, cost saving, risk control as one of the development model, comprehensively enhance the comprehensive competitiveness.  Junbo that with the widest coverage of the sales network, the largest customer base, the leading technology level, effective risk management and experienced management team, ABC has the confidence to continue to maintain a unique competitive edge, towards the goal of world-class commercial banks to continue to move forward. Since 2008, after the completion of the financial reorganization, the Agricultural Bank's asset quality and profitability significantly improved, capital strength and financial base significantly enhanced to establish a modern first-class commercial bank as the goal, further clarify the mission and vision of the enterprise, speed up the pace of internal reform, and effectively transform the operating mechanism, achieved remarkable results.

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