Agricultural Bank of China (ABC) is a large listed bank in China and one of the five largest banks in China. Originally established in 195 1 (xinmao year), it is the first state-owned commercial bank established in new China and an important part of China's financial system, with its head office in Beijing. The development of Agricultural Bank of China has gone through six stages. \x0d\ Phase I (195 1 year-1952): \ x0d \195/China Agricultural Cooperative Bank was established in August. That is, the third year after the founding of the People's Republic of China, is an attempt by the new China to the rural financial system. \x0d\ Main tasks: to handle financial support for agriculture and long-term agricultural loans for more than one year according to the national plan, and support the development of rural credit cooperation. \x0d\ 1952, revoked. The reason is that the financial allocation and long-term loan business have basically not been carried out after the establishment of the Agricultural Cooperative Bank. The backwardness of agricultural development and cooperative movement makes there is no financial demand for loan business in rural areas. \x0d\ Phase II (1955—1957):1955 March, China Agricultural Bank was established. \x0d\ Main tasks: handling financial support for agriculture and long-term and short-term agricultural loans. The loan object is mainly limited to production cooperative organizations and individual farmers, and the loan purpose is limited to agricultural production. Other rural financial services are still handled by the People's Bank of China. \ x0d \1957 in April, the State Council decided to merge China Agricultural Bank with China People's Bank. \x0d\ Stage III (1963-1965):1963, China Agricultural Bank was established again, and it is an institution directly under the State Council. In order to implement the policy of "adjustment, consolidation, enrichment and improvement" of the national economy, the state has taken measures to strengthen agriculture and increase financial support for agriculture. \ x0d \1965165438+10, China agricultural bank and China people's bank merged again. \x0d\ Phase IV (1979 ——1994): \ x0d \1979 In February, it was decided to formally resume the Agricultural Bank of China, which was directly affiliated to the State Council and supervised by the People's Bank of China. The main tasks of resuming the establishment of Agricultural Bank of China are to uniformly manage the funds for supporting agriculture, centrally handle rural credit, lead rural credit cooperatives and develop rural financial undertakings. \x0d\ Since then, the Agricultural Bank of China has never been revoked. \x0d\ The fifth stage (1April 1994-1July 1997): \x0d\ Based on the financial system reform decision made by the State Council1February 1993, it is required to be gradually established under the unified supervision and management of the People's Bank of China through reform. \ x0d \ x0d \ is actually the separation of policy banking function, commercial banking function and rural credit cooperatives of Agricultural Bank of China. As a result of the separation, China Agricultural Development Bank and China Agricultural Bank were established separately in April, 1994, and the policy business such as the supply management of grain, cotton and oil purchase funds were separated from the Agricultural Bank, and they began to follow the "People's Republic of China (PRC) 1995" promulgated and implemented in June. \ x0d \ 65438+1August, 1996, the State Council made the "Decision on the Reform of Rural Financial System", demanding the establishment and improvement of a rural financial system based on cooperative management, with division of labor between commercial finance and policy management. The Agricultural Bank of China conscientiously implemented the spirit of the Decision, unified its thinking and took the overall situation into consideration under the circumstances of many contradictions, tight time and great pressure, actively supported the Agricultural Development Bank to set up branches below the provincial level, and supported the reform of rural credit cooperatives to break away from the administrative subordination of the Agricultural Bank. \x0d\ 1997. The Agricultural Bank of China basically completed its historical mission as a national specialized bank and began to enter a new historical period of real transformation to a state-owned commercial bank. \x0d\ Stage 6 (1999 -20 10): In the stage of shareholding system reform \x0d\ 1999, three banks, namely Agricultural Bank of China and China Construction, divested non-performing assets 1.4 trillion yuan from the four major asset management companies. In 2004, the Agricultural Bank of China first reported the share reform plan. \ x0d \ 2007 June 5438+1October 65438+1October 20, 2007, the National Financial Work Conference determined that the general principle of the shareholding system reform of China Agricultural Bank was "persisting in facing agriculture, rural areas and farmers, restructuring as a whole, commercial operation and timely listing". \ x0d \ 2007 September 2007, the Agricultural Bank of China selected eight provinces (autonomous regions and municipalities) such as Jilin, Anhui, Fujian, Hunan, Guangxi, Sichuan, Gansu and Chongqing to carry out the "three rural" financial services pilot. \ x0d \ 2008123 October 65438, Agricultural Bank of China clearly put forward the goal and development strategy of "35 10". In March, 2008, Agricultural Bank of China began to promote the pilot reform of "agriculture, rural areas and farmers" financial departments in 1 1 secondary branches in six provinces. \ x0d \ 2008 the end of May, 2008, the first-stage pilot of "three rural" financial services ended. \ x0d \ 2008 August 2008, the head office of Agricultural Bank of China established the "Agriculture, Countryside and Farmers" Finance Department to comprehensively promote the system reform of the "Agriculture, Countryside and Farmers" Finance Department. \ x0d \ 2008 June 2008, the share reform plan of Agricultural Bank of China was approved by the State Council. \ x0d \ 2010/kloc-0 was officially listed in Shanghai and Hongkong on July 5th and 6th, and the Agricultural Bank of China raised about $226,543.8 billion, making it the largest IPO in the world. So far, all four state-owned commercial banks in China have been listed. \ x0d \ 2011On July 22nd, Agricultural Bank of China and Cambridge Overseas Students Foundation of Cambridge University signed the Memorandum of Understanding on Cambridge Scholarship of Agricultural Bank of China. \x0d\ By the end of 20 1 1, the total assets reached 1 1.68 trillion. \ x0d \ 2012165438+123 October, Director Wu and his party came to Tai 'an to investigate this work and held a forum in Tai 'an Provident Fund Center. \ x0d \ 201212 On February 23rd, the launching ceremony of the 20 13 Golden Key Spring Action of Agricultural Bank of China was held in Xiamen. \x0d\ 20 12 the agricultural bank of China, with the aid of rehabilitation poverty alleviation loans, has continuously promoted the construction of social security system and service system for the disabled and enhanced the self-development ability of the poor disabled. By the end of 20 12, the Agricultural Bank of China had invested 340 million yuan in rehabilitation and poverty alleviation loans, an increase of 654.38+700 million yuan compared with 20 1 1. The loan supported 42 disabled enterprises or projects, radiating 873/kloc-0 disabled farmers, and increasing the income of each household by 8990 yuan. \ x0d \ 2065438+On February 20th, 2003, the signing ceremony of the comprehensive strategic cooperation memorandum between Hubei Provincial People's Government and Agricultural Bank of China was held in Wuhan.