ABC to accelerate development of new credit system

Agricultural Bank of China will accelerate the construction of new credit system to achieve further development of its credit business.

This was required by Mr. Xiang Junbo, Chairman of ABC, during the company’s Working Conference of Credit for 2010 in Beijing
Mr. Zhang Yun, Vice Chairman and President of ABC made specific arrangements of credit-related tasks and measures for the next three years.

Xiang pointed out that credit-related work of ABC should uphold the development goal of building ABC into an outstanding large listed bank and take “3510” development strategy as the guide to promote sound and rapiddevelopment ofcredit business as well.
He said that ABC should improve the construction of credit policies and systems, optimize the procedures of credit business, enhance post-loan management,and that it should strengthen self-construction of the credit business line.