ICBC - Industrial and Commercial Bank of China Limited

ICBC - Industrial and Commercial Bank of China Limited

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Last update: Jan 16, 2024 Last update: Jan 16, 2024
General
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Details

Legal residence:China
Types:Financial Institution Financial Institution
Funding agencies:Other
Sectors:Banking Banking
Nr. of employees:11-50
Sanctions:Check now
Status: Active

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About

  Industrial and Commercial Bank of China was established on January 1, 1984. On October 28, 2005, the Bank was restructured into a joint stock limited company. On October 27, 2006, the Bank was successfully listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange on the same day.

  Through continuous efforts and steady development, the Bank has become one of the world's leading banks, with a high-quality customer base, diversified business structure, strong innovation capabilities and market competitiveness. The Bank regards service as its foundation, insists on creating value through service, and provides comprehensive financial products and services to 9.691 million corporate customers and 704 million individual customers around the world. The Bank consciously integrates social responsibility into its development strategy and operation and management activities, and has been widely praised for supporting epidemic prevention and control, developing inclusive finance, supporting rural revitalization, developing green finance, and supporting public welfare undertakings.

  The Bank always focuses on its main business, adheres to the origin of serving the real economy, and co-exists, shares the wind and rain, and grows together with the real economy; it always adheres to the risk-based approach, firmly adheres to the bottom line, and continuously improves its ability to control and resolve risks; it always adheres to Grasp and follow the operating rules of commercial banks, and strive to build a "century-old store"; always adhere to the pursuit of stability and innovation, continue to deepen key development strategies, actively develop financial technology, and accelerate digital transformation; always adhere to professional focus, Develop a professional business model and create "Dahang Craftsmen". The Bank has been ranked first among the top 1000 global banks in the UK's "The Banker" and the top 2000 global companies in the US' Forbes list for nine consecutive years, ranked first among global commercial banks in the US' Fortune 500 list, and ranked first in the UK for six consecutive years. Ranked first on the BrandFinance list of the top 500 most valuable global bank brands.

 

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