Summary by Futu AI
China Agricultural Bank Co., Ltd. (Agricultural Bank) released its third pillar information disclosure report for the first half of 2024 on August 30, 2024. The report was prepared in accordance with the relevant regulations of the China Banking and Insurance Regulatory Commission and covers multiple aspects such as risk management, capital structure, and credit risk. The report shows that as of June 30, 2024, Agricultural Bank's core Tier 1 capital adequacy ratio was 11.13%, Tier 1 capital adequacy ratio was 13.76%, and capital adequacy ratio was 18.45%. The leverage ratio was 6.97%, the liquidity coverage ratio was 120.27%, and the net stable funding ratio was 131.99%. The report has been reviewed and approved at the 8th board meeting.