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ICBC and Goldman Sachs Start Their Strategic Cooperation

March 16 PM, Industrial and Commercial Bank of China Limited and Goldman Sachs Group convened the Strategic Cooperation Kick-Off Meeting in Beijing. ICBC Spokesperson stated that this was a significant move for both parties to fulfill the strategic investment and cooperation ...

Members of ICBC Elite Club Broke Through 2 Million

Members of ICBC Elite Club have grown remarkably this year. The place of Elite Club Account as ICBC core brand is further strengthened. From January to February, there are 135,000 new customers joining ICBC Elite Club. Amongst, 11% were high-end customers with assets over RMB one ...

ICBC and IATA Signed A Clearing Service Agreement for Travel Product Reservation Project

Recently, ICBC and IATA signed the Clearing Service Agreement. According to the agreement, ICBC will provide clearing services for a project developed by IATA -- the "Information Service Platform for Travel Product Reservation and Settlement". This was another major cooperation ...

The Number of ICBC Cash Management Customer Broke Through 20,000

During Q1 2006, ICBC cash management service remained its rapid growth momentum and marked encouraging performance. Till March 31st, the number of ICBC cash management customer has broken the threshold of 20,000 and reached 20,336 accounts, representing a net growth of 2,703 vis- ...

ICBC Loan Balance for Small Enterprises Broke over RMB 100 billion

YiWu in Zhejiang is a renowned city of small merchandize in China. Over 300,000 kinds of goods are circulated there. It has a thriving economy of private and individual enterprises, which is highly export-oriented. There are more than 8000 permanent foreign residents and nearly ...

ICBC Launched One-stop Online Fund Service with 16 Fund Companies

Now, investors can trade funds at home through ICBC Internet Banking by simply clicking the mouse. This information is sent out from the signing ceremony of "Cooperation and Promotion Agreement in Online Funds" between ICBC and 16 Fund Management Companies on April 24 in Beijing. ...

ICBC and China Shipping Jointly Released Short-term Financing Bonds of RMB 5 billion

Recently, ICBC and China Shipping (Group) Company (hereinafter referred as "China Shipping") jointly held an announcement on short-term financing bonds of RMB 5 billion in Shanghai. More than 60 representatives from bond issuer, joint lead-underwriters, underwriting team members, ...

ICBC Takes Bold and Resolute Action on Frame Restructuring

ICBC news spokesperson announced today that ICBC would launch reform to its HQ organizational frame. According to the news spokesperson, ICBC HQ has been brewing the plans for restructuring since early of the last years. After intensive analysis and weighing the pros and cons, ...

ICBC Peony Card Issuance Broke through 150 million

In a recent ICBC announcement, ICBC has accumulated issued 150.581 million Peony Cards by the end of May, breaking through 150 million. Amongst, number of Peony Money Link Card issued was 142.578 million; 14.756 million more than early of this year, increased by 10%. Number of ...

ICBC and CCCG Started Strategic Cooperation

On June 12, 2006, Industrial and Commercial Bank of China Limited (ICBC) and China Communications Construction Group Limited (CCCG) officially signed Bank-Enterprise Strategic Cooperation Agreement in Beijing. ICBC and CCCG maintain a long and friendly relationship. The joining ...

ICBC and NaCSSeF Signed Strategic Investment and Cooperation Agreement in Beijing

On June 19, 2006, Industrial and Commercial Bank of China Limited and National Council for Social Security Fund (NaCSSeF) signed Strategic Investment and Cooperation Agreement in Beijing. According to the agreement, NaCSSeF will invest RMB 18.028 billion in ICBC, pending to be ...

ICBC Credit Card Won the Crown of "2006 Best User Experience of China Credit Card"

In a recently held seminar - "China Credit Card Observer and Review", ICBC Credit Card was rated as "Excellent" and earned the unique plaudit of "2006 Best User Experience of China Credit Card". Among the 4 banks received the "Excellent" rating, ICBC was the only state-owned ...

ICBC Introduced E-banking Code Card

Recently, ICBC formally announced a new product to safeguard the security of E-Banking E-banking Code Card. Meanwhile, a 6-months special promotion was launched to give free Code Card for all customers to enjoy the convenience and security in using it. From August 10, 2006 till ...

ICBC Played An Independent Role in the First Tax Lease Financing Amongst China Banks

Recently, ICBC and HSBC Leasing Company entered an agreement to arrange USD 92.06 million for China Eastern Airlines Corporation Limited to acquire one Airbus A330-300 through French tax leasing. ICBC was also the guarantee trust bank and interest swap bank in this first tax ...

ICBC Won the Title of "2006 Best RMB Cash Management Bank of China"

Asiamoney, world well-known financial and economic media, recently named ICBC as "2006 Best RMB Cash Management Bank of China" in recognition of its outstanding achievement and market dominance earned in offering its RMB cash management services. Such ICBC cash management ...

ICBC Herald Success to the Launch of Online Insurance

Recently, ICBC successfully launched "Online Insurance", a recommendation activity, in Beijing. Staffs from Bank-Insurance Department, e-Commerce Department of 3 insurance groups, 18 life insurance companies and 9 property insurance companies took part in this event. Under the ...

ICBC Acquires Halim Bank Indonesia

In Dec 30, 2006, Industrial and Commercial Bank of China Limited ("ICBC" hereinafter) and Halim Bank Indonesia entered into Acquisition Agreement. The Agreement stated that ICBC will acquire 90% of Halim Bank. Former shareholders hold the remaining 10% shares at this point of ...

ICBC Gets the Highest Hits of All Banking Websites in the World

Latest poll from Alexa.com, a premier international organization monitoring the website hits across the globe, revealed that ICBC website (www.icbc.com.cn) has secured its place in world Top 500, with an overall ranking in the 479th in recent three months. ICBC.com not only ...

The Asset Recognizes ICBC as "2007 Best Cash Management Bank of China"

Recently, ICBC was awarded "2007 Best Cash Management Bank of China" during "Triple A" award evaluation sponsored by The Asset, a Hong Kong magazine. This is yet another special credit for ICBC cash management service following its title of 2006 "Best RMB Cash Management Bank of ...

ICBC Announces 2006 Performance

April 3 2007, Beijing - Industrial and Commercial Bank of China Limited ("ICBC", stock ticker code: SH: 601398 HK: 1398) announced today the overall performance for year 2006. This is the first annual performance announcement since ICBC's simultaneous listing of A-share in China ...
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