ABC Wins Best Managed Banking Institution in Asia
OREANDA-NEWS. January 27, 2014. Agricultural Bank of China (ABC) wins the award of the "Best Managed Banking and Finance Institution in Asia" by Euromoney in its Annual Asia Company Ranking survey of 2013.
The polling for Asia Best Managed Companies, which takes place every year from September 9th to October 25th, targets equity analysts at leading banks and research institutions throughout Asia. Respondents are asked to nominate the top 3 companies from a range of industries such as banking, insurance, IT, real estate and telecom for each of the following merits: most convincing and coherent strategy; best system of corporate governance; most accessible senior management; most transparent financial account; best for shareholder value; most useful and informative web-site and most improved performance.
This year, 18 financial institutions in Asia were nominated and a total of 93 analysts joined the survey. Agricultural Bank of China wins the award with an overwhelmingly high percentage of votes. The honor is a clear recognition of ABC's strong business performance and sound corporate governance by the global capital market.
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