Agricultural Bank of China (ABC) while undergoing internal reform released its financial report for the first three quarters this year amid the shareholding reform of other three state-owned commercial banks has obtained sustainable achievements.

The report shows that ABC has realised a business profit of 31.57 billion yuan in the first three quarters this, a year-on-year increase of 7.09 billion or up 28.96 percent. The percentage of non-performing loans decreased by 1.95 percentage points from the beginning this year, and capital quality has been further improved.

However, percentage of non-performing loan rate is still over 20 percent, ranking the first among the four big commercial banks. To counter this tendency, ABC vows to intensify its marketing efforts in key regions and to the best customs so as to change the structure of marginal loan clients.

By People's Daily Online