Agricultural Bank of China sees loan increase of 1.2 trln yuan in Q1

BEIJING, May 1 (Xinhua) -- Agricultural Bank of China (ABC), one of the country's largest commercial lenders, saw its total loans reach 23.9 trillion yuan (about 3.36 trillion U.S. dollars) by the end of March, as the bank enhanced financial support for major projects, key areas and weak links of the Chinese economy.

The figure rose by 1.2 trillion yuan, or 5.5 percent from the end of 2023, according to the firs