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ICBC Opens the First Letter of Credit in RMB for Cross-Border Trade: On July 3rd 2009, the Indonesian branch of ICBC opened the first time L/C in RMB worth RMB 372 thousand in favor of an export enterprise in China for PT.INDOTRUCK UTAMA in Indonesia, which is the first letter of credit in RMB for cross-border trade, and also indicates that ICBC ...

The Xinma Road sub-branch of ICBC, Macao branch, officially starts its business: The opening ceremony of Xinma Road sub-branch was held grandly on 23rd June, 2009. The well-known Ruins of St. Paul is nearby. Xinma Road sub-branch is the sixth sub-branch that has been opened since the first one set up its business in 2003, which is a positive situation. In ...

ICBC Wins Award of "Top 100 Chinese Valuable Listed Companies" and Other 5 Honors: In a recent "2008 Selection of Values of Chinese Listed Companies & The 1st Selection of The Most Popular Network of Listed Company for Investors", ICBC won 6 big awards including "Top 100 Valuable Chinese Listed Companies", "Excellent Management Teams of Chinese Listed Companies...

ICBC's Cross-border Trade RMB Settlement Business A Hit at Market: It is reported that, after ICBC issued the first RMB Letter of Credit for a cross-border trade in the world on July 3, ICBC's cross-border trade RMB settlement business is also popular in a number of foreign trade enterprises domestically. Only in 2 days from July 6 to July 7, ...

Bank Card Plays a Significant Role in Leveraging the Growth of Consumption: [object Object]

The Fund Channel of ICBC Website Takes a Brand New Look: Recently the "Fund Channel" of ICBC website has been entirely revised, in order to better meet the demand of the investment and finance market. The new page of the channel aims to forge a new world of modern financial services, so as to help fund investors to gain the basic ...

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ICBC Introduces the Tool of "Internet Banking Assistant": To facilitate the use of "USB-Shield" by Internet Banking clients, ICBC, relying on the world leading platform of Microsoft, has taken the lead to launch the tool of "Internet Banking Assistant", which allows integration of program installation and system optimization for ...

ICBC Adds New Force to Serve Small Enterprises: On July 23rd, as the first bank to establish specialized agency providing financial services for small enterprises, the Qingdao branch of ICBC set up 48 such agencies on the same day. At the opening ceremony, the official in charge of the Qingdao branch announced that no ...

ICBC Bill Business Department Becomes First to Receive ISO9001: 2008 Certificate in China: Recently, after the annual follow-up assessment of the management systems of ICBC Bill Business Department, the British Standards Institution (BSI), an authoritative international certification institution of quality systems standards, has announced that the ISO 9001 Certificate ...

ICBC Makes Steady Progress in E-Banking Specification Improvement Project: In order to develop the E-banking as an "excellent" service and to improve the customer's experience, ICBC has recently carried out a complete optimization of the Personal Internet Banking Service in page layout, menu navigation, trading procedures, information display, help and ...

ICBC Formally Introduces Mobile Banking 3G: In order to satisfy the demand of clients on handling banking business with their mobile phones, ICBC formally introduced the latest Mobile Banking (WAP) 3G service recently which not only offers basic banking services like account inquiry and remittance by transfer, but also is ...

ICBC Launches Electronic Bank Deposit Account Business for Processing Trade: On Aug, 5th, ICBC successfully processed the Electronic Bank Deposit Account Business for enterprises in Beijing, Shandong, Anhui and Guangdong, which was the first electronic deposit accounts after the implementation of the electronic network management, by the General ...

Wealth Management Channel of ICBC Website Takes a Brand New Look: In order to meet customers' demand for professional, diversified and personalized financial services and to develop a platform for comprehensive wealth management, ICBC Website has recently revised the Wealth Management Channel. It is reported that the latest revision is the ...

Industrial and Commercial Bank of China Limited Reports profit after tax of RMB 66.7 billion for the first half of 2009: Industrial and Commercial Bank of China Limited ("ICBC" or the "Bank", SSE: 601398; SEHK: 1398) today announces its interim results for the six months ended 30 June 2009. Based on International Financial Reporting Standards, ICBC's profit after tax for the first half of 2009 was ...

ICBC's Overseas Business in Good Progress in First Half of 2009: In the first half of this year, despite the negative influences of the global financial crisis, ICBC has steadily promoted the internationalization strategy, all of its overseas institutions have kept good momentum for development, and the scale and benefits of business have been ...

ICBC Achieves Sustainable Development by Innovation: During the process of satisfying the demands of clients on diversified individualized financial services in the first half of this year, ICBC was keeping accelerating the combination of innovation and market expansion, enhancing market competitiveness and sustainable development ...

Growth of ICBC's Intermediate Business Benefits from Product Innovation, Scale Advantage and Expansion of Service Fields: ICBC has achieved incomes from intermediate business for RMB 28.3 billions in the first half of this year with a year-on-year growth of 17%. When we carefully review the income structure of ICBC's intermediate business, we can find that the major reasons why its intermediate ...

The "Transfer/Remittance" Service of ICBC Personal Internet Banking Is Refined with Sparkling Features: In order to improve client experience of ICBC E-banking products as well as to enhance their applicability and convenience, ICBC launched the E-banking Refinement Project at the beginning of 2009, which aimed to improve comprehensively the system of Personal Internet Banking in ...

ICBC Listed in "CCTV 60 Brands in 60 Years": On August 18th, 2009, the awarding ceremony of "The 60th Anniversary of the Founding of New China Survey & Selection Activity of 'Drive China's Economy 60 Brands influencing on People's Life' " was held in Beijing. With prominent brand influence force, innovation ability and ...

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