Agricultural Development Bank of China
Not to be confused with Agricultural Bank of China.
Founded | 1994 |
---|---|
Headquarters | Beijing (headquarter), China |
Services | Policy Bank |
Website |
www |
The Agricultural Development Bank of China is a Chinese Policy Bank under the People's Central Bank of China (PBOC).[1] As such, is responsible for funding projects related to China's economic growth. If the ADBC requires funding for its own operations, its bonds are considered as safe as the Central Bank's bonds, however PBOC or PRC government don't guarantee any kind of borrowings including bonds.
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