OREANDA-NEWS.  July 30, 2012. Since the beginning of this year, the corporate online banking business of Agricultural Bank of China Limited (ABC) has been developing stably, with all indicators maintaining a rapid growth momentum, reported the press-centre of ABC.

At the end of May, ABC corporate online banking customers, reaching 1.506 million; cumulative net increase in January-May was 228,200, up 39,400 compared to the same period of last year. More than half of ABC's corporate customers have registered in the corporate online banking.

ABC has continued to increase the investment in building the customer base of the corporate online banking business. It also implemented the "518 Project" reconstruction of corporate online banking customer information systems, BoEing e-banking and a series of innovative projects, and realized the concentration of corporate customer information of the whole bank.

As a result, it has met diverse and personalized online financial needs of customers and laid a solid foundation for the corporate online banking business development. At the same time, ABC has strengthened the marketing of high-value businesses of corporate online banking such as corporate wealth management products. By enhancing the contribution of individual customers, the sale of corporate wealth management products via corporate online banking accounted for over 60% of ABC's total.