The Agricultural Bank of China’s inability to receive business SMS reminders is generally due to the following situations:
1. The SMS reminder service is canceled: usually because the bank card balance is less than 2 yuan. Unsuccessful deductions for two consecutive months resulted in the SMS reminder service being cancelled.
2. Due to system problems or poor signal of Agricultural Bank of China.
3. The cardholder’s withdrawal or consumption amount is lower than the minimum limit for SMS reminders.
Through 24,064 branches across the country, 30,089 ATMs and 1,171 overseas agent banks around the world, the Agricultural Bank of China has the widest branch network system and leading information technology advantages to surpass the world. Providing convenient, efficient and high-quality financial services to 350 million customers.
The Agricultural Bank of China has a total of 23,461 domestic branches, including the head office, 32 first-level branches, 5 directly affiliated branches, 316 second-level branches, 3,479 first-level sub-branches, and 19,573 grassroots branches business establishments and 55 other establishments. Overseas branches include 3 overseas branches and 4 overseas representative offices. The main holding subsidiaries include 6 domestic holding subsidiaries and 3 overseas holding subsidiaries.
Mainland China
At the end of 2010, the total assets exceeded 10 trillion yuan, reaching 11.68 trillion yuan in 2011, accounting for 11.3% of the total assets of the country’s banking and financial industry, making it the largest in China. It is one of the largest listed commercial banks in China and an important part of China's financial system. At the end of 2011, various deposits reached 9.62 trillion yuan, various loans were about 5.63 trillion yuan, the capital adequacy rate was 11.94%, and the core capital adequacy rate was 9.75%, both at relatively high levels. As of the end of 2011, the non-performing loan ratio was respectively A decrease of 0.48%, the provision coverage ratio was 263.1%, an increase of 95.05%, and all core indicators ranked among the top among domestic comparable peers.
The Agricultural Bank of China’s annual report also shows that its intermediary business has developed the fastest, with net fee and commission income of approximately 46.128 billion yuan for the year, about 10.488 billion yuan more than the previous year, an increase of more than 30%. If excluding After the Ministry of Finance disposes of non-performing asset business fee income, the growth rate can be increased to 42.8%, among which the growth rate of electronic banking, credit card, investment banking, agency insurance and other businesses is more than 50%.
In 2010, Agricultural Bank of China achieved operating income of 290.418 billion yuan, a year-on-year increase of 30.7%; net profit was approximately 94.907 billion yuan, with a profit growth rate of approximately 46%; in 2011, it achieved operating income of 377.731 billion yuan, a year-on-year increase of 30.1% , achieving a net profit of approximately 122 billion yuan, a year-on-year increase of 28.5%, and the profit growth rate ranked first among the four major banks.
All core indicators have reached the leading level in the domestic financial industry, and Moody's long-term deposit rating/outlook is A1/stable.
In the first half of 2021, net operating income was 366.3 billion yuan, a year-on-year increase of 7.8%; net interest income was 283.4 billion yuan, a year-on-year increase of 6.1%; pre-provision profit was 249.7 billion yuan, a year-on-year increase of 7.8%; Net fee and commission income was 48.15 billion yuan, a year-on-year increase of 8.8%; net profit was 122.8 billion yuan, a year-on-year increase of 12.5%. The return on average total assets (ROAA) was 0.88%, and the weighted return on average equity (ROAE) was 12.40%, a year-on-year increase of 0.03 and 0.46 percentage points respectively.