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Industrial and Commercial Bank of China (ICBC)

Industrial and Commercial Bank of China (ICBC) logoIndustrial and Commercial Bank of China (ICBC) is one of the largest banks in the world. In 2012, the Bank ranked number one on Forbes Global 2000 list of worlds biggest public companies. ICBC provides corporate and personal banking, treasury operations, investment banking, asset management, trust, financial leasing and other financial services. Total assets: approx. US$ 2,764 billion (as of September 30, 2012). Market capitalization: US$ 236.4 billion (as of December 31, 2012).

ICBC establishes strong presence by its commercial banking operation and rapid expansion to markets worldwide. ICBC is also a market leader in the country in many business areas of commercial banking.


These ads are not affiliated with Industrial and Commercial Bank of China (ICBC)

Headquarter:
Beijing, China
Key People:
Jiang Jianqing (Chairman), Yang Kaisheng (President)
Company Type:
Public (SEHK: 1398, SSE: 601398, OTC Pink: IDCBY)
Website:www.icbc-ltd.com
Head Office:No.55 FuXingMenNei Street
Xicheng District, Beijing
Phone: +86-10-66108608
Fax: +86-10-66106139
SWIFT (BIC):ICBKCNBJ
Founded:1984
ID: 779. Updated: 02.05.2013
Disclaimer: Banks' information published on this site may not be true or accurate at all times. Always contact your bank to verify the correct bank parameters before using in a payment transaction. The directory of banks is published solely as a courtesy. We assume no responsibility or liability for the accuracy or completeness of the listings in directory. The data contained in this directory has been compiled from a number of sources.

Press Releases

14.12.2011 ICBC has been named "2011 Excellent SME Service Organization" at the recent "Fifth China Small and Medium Enterprises Festival" held in Chengdu. More
04.06.2011 ICBC received a business license granted by the Reserve Bank of India for a branch in Mumbai. Earlier, China Banking Regulatory Commission has approved the Bank to set up its Mumbai Branch. More
25.12.2010 ICBC Concludes the World's First Open Direct Trading of RMB Overseas. More
30.11.2010 ICBC reports profit after tax of RMB127.8 billion for the first three quarters of 2010. More
07.07.2010 ICBC Wins International Accolade for Corporate Governance. More

Financial News

 China Overtakes the USA as the World’s Largest ATM Market - 04.04.2014
Chinese Financial News, an authoritative media of financial industry in China, released the report of Chinese ATM Market Overview 2013.
Source: GRG Banking Equipment
 The Global Islamic Microfinance Forum Ready to Set New Standards - 16.09.2013
The Forum will determine the Standards and strategic policies for Sustainable Islamic Microfinance Development.
Source: AlHuda Centre of Islamic Banking and Economics
 New Chairman for Mediterranean Bank Network (MBN) - 17.05.2013
Mr. Hassan El Basri has been elected as chairman of the Mediterranean Bank Network (MBN).
Source: Mediterranean Bank Network
 Islamic banking assets to surpass $1.8 trillion globally in 2013 - 05.02.2013
Global Islamic banking assets are forecast to cross $1.8 trillion in 2013 up from $1.3 trillion in 2011, Ernst & Young said in its World Islamic Banking Competitiveness Report 2013.
Source: zawya.com
 No more queues in front of ATMs - 23.01.2013
Reduced transaction duration is an important issue for customer satisfaction and for efficient use of Banking channels, especially at ATMs. Every measure taken to fasten cash withdrawals, most widespread used ATM transaction, is beneficial to both customers and banks.
 Swiss bank Wegelin & Co. to close after US tax evasion fine - 04.01.2013
Switzerland's oldest bank is to close permanently after pleading guilty in a New York court to helping Americans evade their taxes. Wegelin & Co., which was established in 1741, has also agreed to pay $57.8 million in fines to US authorities.
Source: BBC
 Banks seen shrinking for good as lay-offs near 160,000 - 16.11.2012
Major banks have announced some 160,000 job cuts since early last year and with more lay-offs to come as the industry restructures, many will leave the shrinking sector for good as redundancies outpace new hires by roughly two-to-one.
Source: Reuters

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