Agricultural Bank of China Hubei Branch is a tier-one branch established by Agricultural Bank of China Co., Ltd. in Hubei, restored in 1979. It has 940 subordinate institutions, including 1 business department of the tier-one branch, 12 tier-two branches, 131 tier-one sub-branches, 1 village bank, and 909 business outlets, with 19,000 on-the-job employees. After more than 30 years of vigorous development, it has grown into a large joint-stock commercial bank branch in Hubei Province with the largest asset scale, complete service functions, an institutional network covering both urban and rural areas, and high market influence and social recognition.
In recent years, Hubei Branch has aimed to build a first-class banking institution in central China, consistently adhering to the bank-running philosophy of "prudence first, value-oriented, innovation-driven, and fairness-based," and has gradually formed a development model of "quality operation as the guide, county-level business as the foundation, retail banking as the advantage, outlet efficiency improvement and electronic channel optimization as the support, and urban business and corporate business as important growth points." It vigorously advocates a professional culture of "courage to take responsibility, willingness to dedicate, refinement and efficiency, and striving for first-class," achieving substantial improvements in value creativity, market competitiveness, risk control, and sustainable development capacity. By the end of 2011, deposit balances reached 324.4 billion yuan, loan balances reached 152.3 billion yuan, and post-provision profit reached 6.2 billion yuan. Its market share in main businesses such as asset scale and operating profit ranked first among the four major banks. Its internal control evaluation was rated as a Class I bank nationwide within ABC, its risk control level was rated as Class A, and its comprehensive performance entered the top tier nationwide within ABC, initially establishing a development pattern of being large and strong, large and excellent.
In recent years, Hubei Branch has consistently adhered to serving agriculture, rural areas, and farmers, and serving the public. It actively serves agricultural industrialization, rural urbanization, distinctive resource development, and county economic transformation and upgrading; fully supports local industries such as transportation, energy, communications, foreign trade, high technology, and municipal infrastructure; and continuously increases support for local economic development. It has become an important financial force helping Hubei build its strategic position as a rising pillar in central China. It has successively provided credit support to many key enterprises and key projects in the province, such as WISCO Group, Dongfeng Motor, China Yangtze Power, and Wuhan Metro, and has established close cooperative relationships with a large number of well-known large domestic and international enterprises, Fortune Global 500 enterprises, and high-quality small and medium-sized enterprises, making important contributions to Hubei's leapfrog economic development. In recent years, it has successively won many honors such as "Provincial Civilized Unit," "Top Ten Outstanding Enterprises in Hubei Province for Fulfilling Social Responsibility," and the "2011 Outstanding Contribution Award for Supporting Hubei's Economic Development," and has grown into a mainstream provincial bank with a pivotal position.
The vast Jingchu region is full of vitality, and the charming ABC soars high. In the new development period, Hubei Branch will continue to adhere to the "sixteen-character" bank-running philosophy, the "five withs" development model, and its distinctive professional culture, closely focusing on the development goal of building a first-class banking institution in central China, fully aligning with the grand blueprint of the Provincial Party Committee and Provincial Government for building "Five Hubeis," taking quality operation as the theme and serving the local economy as its mission, seeking truth and pragmatism, pursuing excellence, striving to achieve new goals, new achievements, and new value, and joining hands with friends from all sectors of Hubei society to create brilliance together!
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