Agricultural Bank of China Sucks Customer Reviews and Feedback

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Agricultural Bank of China (ABC), also known as AgBank, is one of the "Big Four" banks in the People's Republic of China. It was founded in 1951 and has its headquarters in Dongcheng District, Beijing. It has branches throughout mainland China, Hong Kong, London, Tokyo, New York, Frankfurt, Sydney, Seoul, and Singapore. ABC has 320 million retail customers, 2.7 million corporate clients, and nearly 24,000 branches. It is China's third-largest lender by assets. ABC went public in mid-2010, fetching the world's biggest-ever initial public offering (IPO) at the time, since overtaken by another Chinese company, Alibaba. In 2011, it ranked eighth among the Top 1000 World Banks, by 2015, it ranked third in Forbes' 13th annual Global 2000 list and in 2017 it ranked fifth.

Agricultural Bank of China is one of the most famous corrupted banks which rank in the top 10 scams of banks all over the world. There are hundreds of cases that are solid proof that the Agriculture Bank of China absolutely sucks. It uses unique and advance tricks based on the technical formulas which cannot be understood by an ordinary person. The whole bank from the CEO to employees is the suck. Agriculture bank of china is done the biggest scams in the history of china. Some of the real methods of their sucking are described below.

Two employees at the Agricultural Bank of China, one of the nation’s four biggest state-owned commercial banks, allegedly carried out a scam that led to it losing 3.9 billion yuan (HK$4.6 billion), mainland media reports. The loss, confirmed by the bank in a filing to investors last night, involved the use of bills of exchange, which work in a similar way to post-dated cheques, and bind one party to pay a fixed sum to another by a certain time, the mainland financial magazine Caixin reported yesterday. The bills can be issued by a bank and payees rely on the credibility of the issuers to ensure the bills are paid on time. But the bills are also transferable, which means a payee can sell a bill to another party at a discounted price for a fee before its due date. Caixin alleged the two employees, based in the bank’s Beijing branch, illegally sold the bills of exchange worth 3.9 billion yuan to an agent in Chongqing, which sold them to another bank. The employees allegedly used a large sum from the sale of the bills to invest in the Chinese stock market, which has suffered frequent turbulence since last June. The bank said in its filing that police were now investigating. Caixin, citing anonymous sources, said the employees had been placed under investigation and, because of the large losses, the Ministry of Public Security and China Banking Regulatory Commission had reported the matter to the State Council. “The scam from Agricultural Bank of China is just the tip of the iceberg,” an unnamed banking risk control analyst was quoted as saying by Caixin.

The complete description of another Massive Fraud Unearthed at Agricultural Bank of China is given Auditors say they’ve uncovered 60.3 billion yuan (US$7.5 billion) worth of financial crimes and bookkeeping irregularities at the Agricultural Bank of China. Many popular daily reports channels discovered 51 cases of fraud worth 8.7 billion yuan and involving 157 employees, the China National Audit Office said in a website statement. "The cases included not only loan fraud involving persons outside the bank but also the embezzlement of funds by bank employees who conspired with outside parties," the statement said. The statement said the bank also accepted 14.3 billion yuan in "irregular" deposits based on incomplete or fake identities in 2004 and granted 27.6 billion yuan in loans, mostly to car buyers and developers, without receiving proper collateral. The article states that amid talk of reorganizing the debt-ridden bank, the country’s banking authority has yet to unveil a plan to revamp Agricultural Bank, but speculation is rife that the troubled lender may be split into smaller units designed to let local governments share reform costs. Liu Mingkang, chairman of the China Banking Regulatory Commission, said earlier this month that it might take two to three years for state agencies to work out an overhaul plan for Agricultural Bank.

Agriculture Bank of China is the worst and most famous sucks bank, must be investigated properly to reduce their scams.


Tell the world why Agricultural Bank of China sucks!

I certify that this review is based on my own experiece and is my opinion of this person or business. I have not been offered any incentive or payment to write this review.


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Branch Loan Officer (Former Employee) says

"low income, poor management and poor workplace culture. Cons: low income"

Helpdesk Agent (Former Employee) says

"Very Cultural centred and no respect for other cultures. I will not recommend to anyone, neither will I ever want to work for them. The most horrible place to work in Luxembourg Cons: will no talk about it"

Operations Assistant (Former Employee) says

"very different working environment and culture. it really depends on different work place. though I don't like the place I worked, I learned a lot. They didn't tell me anything about the job, but I figured out myself."

Consumer Compliance Officer (Former Employee) says

"Working for ICBC I was introduced to a whole new level of banking. Working in Compliance is exciting and can be intense, but, my day was filled with non stop action."

Credit Officer (Current Employee) says

"If you want to learn something about real estate, you will definitely learn a lot. Foe example, loan analysis, credit analysis, reviewing appraisals, and underwriting loan proposal. Cons: management is not mature yet. still undergoing a lot of change."

Client Relationship Management Intern (Former Employee) says

"I was a Client Relationship Management Intern where I was serving the clients with financial product needs as well as participated in KYC (Know Your Customer) process. From here, I had developed my communication skills and teamwork skills while applied my professional knowledge to promote the company’s product. With this perspective mentioned above, I believe both my academic and internship experience prepares me to unlock potential opportunities in my future career path."

Vice President, Deputy Head of Operations (Current Employee) says

"very different cultural environment, slow in adopting to American standards. Not transparent with employees in all aspects including performance evaluations."

BANK OFFICER (Current Employee) says

"Majority of the colleagues and customers are from China and therefore your mandarin must be good. Work culture is different therefore will need some time to adapt to their culture."

Accounting Supervisor (Former Employee) says

"It is really stressful working in this bank. I needed to get into the bank at 8;30. I used to leave after 6:00pm, sometimes even later. Cons: long hours, hard working environment and under paid"

DTC settlements & Operations (Former Employee) says

"Worked there but for some reason the management decided to hire someone else. after being there 7 months and doin a good job I felt. Cons: No breaks"

Intern (Former Employee) says

"Spent a summer as an intern at the rural finance department of Chongqing branch. The job provided lots of field experience which broadened your horizon and let your knowledge learned in school put into practice. Cons: Staff management"

Risk Analyst Assistant (Former Employee) says

"When I had my internship in China, I found people are always in a hurry. It would cause a problem during rush hours. Finding out one is in a queue including more than 150 persons may cause this customer upset."

customer service (Former Employee) says

"I study the new financial product and sell the product to clients. Always being optimistic and be kind to eveyone no matter he is going to buy the products or not. Making friends with people is prior than selling products to them. Cons: serious boss"

Marketing Intern (Former Employee) says

"I was their for only one month"

Internship (Former Employee) says

"Credit risk analysis for residential (credit risk Scoring)"

Risk management (Former Employee) says

"Comfortable life, very flexible hours."

Intern, Investment Banking Department (Former Employee) says

"Colleagues here are friendly. And you have a flexible working time here. Also, workload here is not very heavy so you will have a lot of time learning other things here."

Senior Vice President - Corporate Compliance (Former Employee) says

"Compliance advisory role helping the Bank with examination management. Played an important role in the development of compliance policies and procedures."

Financial Services Representative (Former Employee) says

"Agricultural bank of China is one of biggest bank in China. I practiced and improved financial operations in it for 7 years. I thought one of the important parts working in banks is customer relationship marketing and maintenance."

Bank Receptionist (Former Employee) says

"It is a very busy environment, not very friendly but you can learns of of things from there. For example, how to finish your task in a very short notice and keep calm while doing it."

Former Employee - Anonymous Employee says

"I worked at Agricultural Bank of China full-time Cons: Management is pretty cloak and dagger. They do not adhere to USA Federal regulation as strictly as they should."

Former Employee - Financial Advisor says

"I worked at Agricultural Bank of China full-time for more than a year Cons: TOO LONG the work time. From 7:30 to 7:30"


"I have been working at Agricultural Bank of China Cons: Long hours Hierarchy A lot of politic Management lack of responsibility No career growths Limited training No flexibility A lot of manual work"

Former Employee - Bank Teller says

"I worked at Agricultural Bank of China full-time for more than a year Cons: Environment not very good. Too tired and work requirements are dogmatic."


"I worked at Agricultural Bank of China Cons: People in the management level are terrible. Lots of inefficiency and office politic. Limited room for growth. Lots of bureaucratic. Terrible work culture."


"I worked at Agricultural Bank of China Cons: The hours are ridiculous , management expect employees to work from 8am to 11pm frequently The Processes are very very very VERY manual If you don't speak Chinese you will be very isolated there as everyone speaks in it even when I asked my staff to speak in english they would switch back to chinese Lots pf corporate bureaucracy with a "thats not my job attitude" The branches in the region ie Sydney/Asia compete against each other which is absolutely ridiculous , major banks hand off to different time zones to ensure there is someone always contactable ... not this place"

Former Employee - Anonymous Employee says

"I worked at Agricultural Bank of China full-time for more than 3 years Cons: Traditional chinese work culture to force people to work on whatever the boss is interested at the moment. Uneducated supervisors who do online shopping and facebook all day."

Former Employee - Teller says

"I worked at Agricultural Bank of China full-time for less than a year Cons: The unreasonable workload for some branches, I was sick after keeping working. Poor management, so many experienced staff did nothing but push juniors to finish all sales tasks."

Former Employee - Anonymous Employee says

"I worked at Agricultural Bank of China full-time for more than a year Cons: low efficiency limited space for employee development lack of flexibility salary is quite low"

Former Employee - Anonymous Employee says

"I worked at Agricultural Bank of China full-time for less than a year Cons: All decisions are centralised - poor consistency"

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