There are three main differences between China Agricultural Bank and China Agricultural Development Bank:

1. Different natures

China Agricultural Development Bank is the only agricultural policy bank in China directly under the leadership of the State Council, while China Agricultural Bank is corporate.

second, the profit is different.

China Agricultural Development Bank is non-profit, while China Agricultural Bank is for profit.

III. Different Responsibilities

The main responsibilities of China Agricultural Development Bank are to raise funds based on national credit in accordance with national laws, regulations, principles and policies, undertake agricultural policy-oriented financial business, allocate financial funds for supporting agriculture as an agent, and serve the development of agriculture and rural economy.

Agricultural Bank of China is mainly responsible for providing various corporate banking and retail banking products and services, as well as financial market business and asset management business, and its business scope also covers investment banking, fund management, financial leasing, life insurance and other fields.

Extended information:

Main business of China Agricultural Development Bank

1. Handling loans for grain, cotton and oil.

2. handle special reserve loans for meat, sugar, tobacco, wool and chemical fertilizer.

3. handle loans for grain, cotton and oilseed processing enterprises and leading industrialized enterprises in agriculture, forestry, animal husbandry, sideline and fishery.

fourth, handle loans for grain, cotton and oilseeds.

v. handle loans for technical equipment renovation of grain storage facilities and cotton enterprises.

Reference: Baidu Encyclopedia-China Agricultural Development Bank

Reference: Baidu Encyclopedia-China Agricultural Bank.