1On April 9, 1994, the State Council, People's Republic of China (PRC) issued the Notice on the Establishment of China Agricultural Development Bank, and approved the articles of association and the establishment plan of China Agricultural Development Bank.
On June 30th, 1994, China Agricultural Development Bank officially accepted the agricultural policy credit business transferred by China Agricultural Bank and China Industrial and Commercial Bank, and * * * accepted all kinds of loans of 259.2 billion yuan.
At the end of April, 1995, China Agricultural Development Bank completed the establishment of provincial branches.
1August 1996 to1the end of March 1997, according to the State Council's decision on rural financial system reform, branches below the provincial level were added, forming a relatively complete institutional system.
1in March, 1998, the State Council decided to transfer some loan businesses undertaken by China Agricultural Development Bank, such as rural poverty alleviation, comprehensive agricultural development, and affiliated business of grain and cotton enterprises, to relevant state-owned commercial banks, while China Agricultural Development Bank mainly focused on strengthening the closed management of grain, cotton and oil purchase funds.
Since 2004, the business scope of China Agricultural Development Bank has gradually expanded. First, according to the opinions of the State Council's grain market reform, the support object of traditional loan business will be expanded from state-owned grain, cotton and oil buying and selling enterprises to grain, cotton and oil buying and selling enterprises of various ownership.
In September 2004, China Banking Regulatory Commission approved the Agricultural Development Bank to provide loans to leading enterprises and processing enterprises in grain, cotton and oil industrialization.
In July, 2006, China Banking Regulatory Commission approved Agricultural Development Bank to expand the loan business scope of industrialized leading enterprises and start agricultural science and technology loan business.
On June 5438+ 10, 2007, the CBRC approved the Agricultural Development Bank to provide loans for rural infrastructure construction, comprehensive agricultural development and agricultural means of production.
20 10 China agricultural development bank has formed a "one body and two wings" business development pattern with grain, cotton and oil purchase credit as the main body, agricultural industrialization credit as one wing, and agriculture and rural medium and long-term credit as the other wing.
20 1 1 At the beginning of the year, from the strategic point of view of exploring diversified management and realizing long-term sustainable development, the Agricultural Development Bank decided to carry out investment business, set up a preparatory group of the Ministry of Investment, and positioned the investment business as agricultural policy investment business.
In 20 12, China Agricultural Development Bank formally established the investment department, intending to enter the fields of direct investment and asset securitization, which not only means the further commercialization of the bank, but also indicates its stride forward on the road of comprehensive finance.
20 14 on September 24th, the 63rd executive meeting of the State Council today deliberated and adopted the Overall Plan for the Reform and Implementation of China Agricultural Development Bank. The Agricultural Development Bank has conscientiously implemented the major policies of the CPC Central Committee and the State Council, complied with the historical trend of profound adjustment of urban-rural relations in China, formulated and implemented a "two-wheel drive" business development strategy, and focused on supporting grain, cotton and oil storage and infrastructure construction in agriculture and rural areas, making irreplaceable contributions to ensuring national food security and promoting the integration of urban and rural development.