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Agricultural Bank of China
The Agricultural Bank of China (ABC), also known as AgBank, is a Chinese largely state-owned multinational banking and financial services corporation headquartered in Beijing, China. It is one of the "big four" banks in China, and the second largest bank in the world by total assets, behind the Industrial and Commercial Bank of China. ABC was founded on 10 July 1951, and has its headquar
Fiat currenciesBamboo tally
Bamboo tallies (Traditional Chinese: 錢籌; Simplified Chinese: 钱筹; Pinyin: qián chóu), alternatively known as bamboo tokens or bamboo money, were a type of alternative currency that was produced in Eastern China (primarily in the provinces of Shandong, Jiangsu, and Zhejiang often around the cities of Suzhou and Wuxi) from the 1870s until the 1940s and were used to supplement Chinese cash c
BankingBanking in China
China's banking sector had CN¥417 trillion (US$58.54 trillion) in assets at the end of 2023. The "Big Four" state-owned commercial banks are the Bank of China, the China Construction Bank, the Industrial and Commercial Bank of China, and the Agricultural Bank of China, all of which are among the largest banks in the world as of 2018. Other notable big and also the largest banks in the wo
FinanceChina Construction Bank
The China Construction Bank (CCB) is a Chinese partially state-owned multinational banking and financial services corporation headquartered in Beijing, China. It is one of the "big four" banks in China, and is the third largest bank in the world by total assets behind the Agricultural Bank of China and the Industrial and Commercial Bank of China. The bank has approximately 13,629 domesti
Fiat currenciesChinese token (alternative currency)
Chinese tokens (Traditional Chinese: 中國代用幣; Simplified Chinese: 中国代用币; Pinyin: zhōng guó dài yòng bì) were an alternative currency in the form of token coins produced in China during the late Qing dynasty around the time of the Taiping Rebellion in the province of Jiangsu but not by the Taiping government, which had issued its own currency. Later tokens were again issued in Jiangsu durin
FinanceIndustrial and Commercial Bank of China
The Industrial and Commercial Bank of China (ICBC; Chinese: 中国工商银行) is a Chinese partially state-owned multinational banking and financial services corporation headquartered in Beijing, China. It is the largest of the "big four" banks in China, and the largest bank in the world by total assets. ICBC was created on 4 January 1984 from what were then the commercial banking operations of th
Trading basicsList of systemically important banks
Certain large banks are tracked and labelled by several authorities as Systemically Important Financial Institutions (SIFIs), depending on the scale and the degree of influence they hold in global and domestic financial markets.
FinancePolicy bank
Policy bank (Chinese: 政策性银行), or policy lender, is a state-owned financial institution established by the government of the People's Republic of China with the goal of implementing official economic policies and carrying out financial business in specific fields. This measure separates policy finance from commercial finance and establishes a policy bank to undertake strictly defined poli