The asset management scale of Farmers Bank of China has exceeded 100 billion yuan.

On May 9th, according to the Agricultural Bank of China, the asset management scale of the Agricultural Bank of China and BNP Paribas Wealth Management Co., Ltd. has exceeded 100 billion yuan, making it the first joint venture wealth management company to surpass the one trillion mark in Assets Under Management. BNP Paribas Wealth Management is a joint venture established by Nongyin Wealth Management, a wholly-owned subsidiary of Agricultural Bank of China, and BNP Paribas Asset Management, a subsidiary of BNP Paribas in France.