Agricultural Bank of China Ltd Class A
601288: XSHG (CHN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
¥7.70 | Jrrwvj | Rnsxjvh |
ABC's Loan Growth Benefits From Policy Tailwinds in Rural Banking
Business Strategy and Outlook
The country's third-largest bank by assets, Agricultural Bank of China boasts a dominant position in county areas and sector-leading network scale that reward it with enviably low funding costs and a narrow economic moat.