ABC Online Banking Sells over 50% of Wealth Management Products
OREANDA-NEWS. June 7, 2012. Since 2012, the sales of wealth management products through the corporate online banking system of Agricultural Bank of China Limited (ABC) have witnessed a significant increase. In March, 14,255 transaction wealth management products were sold through the corporate online banking system, accounting for 53.45% of total sales of corporate wealth management products, for the first time exceeding 50%. In April, 12,466 transaction wealth management products were sold through the corporate online banking system, registering an increase to 58.9% of total sales.
ABC has launched wealth management products designed specially for corporate online banking channel and proactively carried out the business marketing since the application of wealth management product function of its corporate online banking system in November 2011. Significant increase in the sales of wealth management products through the corporate online banking system relieved the counters and provided great convenience for corporate customers, thereby bringing its functions of cutting down the operating cost and maintaining quality customers into full play.
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