Agricultural Bank of China (Luxembourg)
in Luxembourg 🇱🇺
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About Agricultural Bank of China (Luxembourg) in Luxembourg
Agricultural Bank of China (Luxembourg) S.A. is a Luxembourg-based banking subsidiary of Agricultural Bank of China Limited, one of China's "Big Four" banks and the second-largest bank in the world by total assets. The Luxembourg entity serves as the Agricultural Bank of China's European headquarters and was established to facilitate corporate lending, corporate banking, trade finance, and banking services for Chinese corporations operating in Europe.
The bank is the 69th largest bank in Luxembourg with a 0.01% market share and total assets of €61.27 million as of 2023. As of 2023, the bank employs 54 people and reported annual profit of €490,000, representing 0.88% return on assets and 2.18% return on equity.