How the commercial banking sector can fuel a nature-positive future
The banking sector plays a crucial role in creating a nature-positive future but faces challenges of inadequate global consensus and insufficient funding.
Agricultural Bank of China is a major integrated financial service provider in China, established in 1951. Listed on the SSE and the HKEX, it has a comprehensive business portfolio, an extensive distribution network and a leading technology platform. It offers corporate and retail banking products and services and financial market and asset management services. As of the end of 2022, the bank had 22,788 domestic branches, 13 overseas branches and 4 overseas representative offices. As of 2022, Agricultural Bank of China had assets of RMB33.927 trillion, operating income of RMB724.9 billion, net profits of RMB258.7 billion and customer deposits of RMB25.121 trillion.
The banking sector plays a crucial role in creating a nature-positive future but faces challenges of inadequate global consensus and insufficient funding.
Driving one of the world’s largest and most dynamic economies, China’s enterprises have a leading role to play in actions for sustainable development.