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ICBC Has Over 500,000 Cash Management Customers: In 2010, ICBC maintained strong momentum in its cash management business. The Bank has secured the first place in the local ranking of cash management banks by scoring more than 500,000 customers as of the end of 2010. In terms of cash management, ICBC currently has partnership ...

ICBC Registers Nearly 20-Fold Increase in Small Business Online Loans Last Year: ICBC has focused on providing financial services to small business segment beginning from 2010. Nowadays, conventional loan products cannot fully meet the diversified and individual financial needs of small business customers. In light of this situation, ICBC launches "Online ...

ICBC Named "China Low Carbon Pioneer Bank": At the China Low Carbon Economy Forum held earlier, ICBC was awarded the "China Low Carbon Pioneer Bank" in recognition of the Bank's outstanding contribution in green loan program. ICBC was also invited to the dialogue on the low carbon economy development and presented the Bank...

Successful Offering of First RMB Bonds in HK by Taiwanese Firm: February 10 - ICBC International, the wholly-owned investment banking arm of Industrial and Commercial Bank of China, joined SinoPac Securities (Asia) as the lead underwriters and bookrunners to issue RMB 300 million worth of RMB bonds in Hong Kong for YFY Cayman Company. This is ...

ICBC is the First Bank in the Country to Launch "Butler Service for Cash Receipts": Financial persons in many companies often face a problem when remittance for payment of goods has been informed by the distributors or subsidiaries. Since they open accounts in different banks, there can be loss of information (remittance's payment account number, paying company) ...

ICBC Wins "2010 Best Credit Card" for ICBC Asian Games Chip Card: Earlier, winners of "Impact on China - 2010 Tencent Award Program", organized by qq.com in collaboration with CCTV, Beijing TV and other media, were announced. They were voted for from over 3 million netizens in a selection process lasting longer than a month and the third-party ...

GAPP Signs Strategic Partnership Agreement with ICBC to Support Publishing Industry: February 16, 2011 The General Administration of Press and Publication (GAPP) and the Industrial and Commercial Bank of China (ICBC) signed a strategic partnership agreement today in Beijing to support press and publication industry. Guests at the signing ceremony were Liu Binjie ...

ICBC London Wins "Chinese Inward Investor of the Year Award": February 17, PM, London Time - At the "Icebreakers" Dinner hosted by "The 48 Group Club", Sir Andrew Cahn, the Chief Executive of UK Trade & Investment, presented the "Chinese Inward Investor of the Year Award" to ICBC London - a wholly-owned subsidiary of ICBC in United Kingdom, ...

ICBC Named "Best Private Bank in China": Earlier, ICBC has been named the "Best Private Bank in China" at the "Private Banking and Wealth Management Survey 2010" organized by Euromoney magazine, edging ahead many foreign and Chinese banks in China offering private banking services. Meanwhile, ICBC received the highest ...

ICBC Announces Bold Plan This Year in Response to Process Restructuring and Service Innovation: [object Object]

ICBC Registers over RMB 150 Billion in Cross-Border RMB Business: Being the largest RMB business bank in the world, ICBC is stepping up the efforts to expand its cross-border RMB business and extend its strong RMB services overseas. In less than two years from the pilot since July, 2009 to end of January this year, ICBC has handled cross-border ...

ICBC Speeds up the Implementation of New Capital Accord: In 2010, ICBC stepped up efforts on risk management and risk quantitative management to go along with the forthcoming implementation of New Capital Accord. Risk control and management in the Bank reached another new milestone. In the same year, ICBC has accepted the pre...

ICBC Puts up the First Independently-Developed Market Risk Management System in China: Earlier, ICBC announced the successful implementation of its independently developed global market risk management system in the Bank. The system, the first in the country independently developed by a Chinese bank and successfully implemented, marks the beginning of other banks ...

ICBC Launches Full Services for Personal Customers to Trade Platinum Nationwide: ICBC is rolling out a new service for personal customers to trade platinum nationwide starting recently, in response to the need of all to invest in precious metal. Earlier, the service became available in Tianjin, Jinan and Qingdao from January this year as a pilot. ICBC is the ...

ICBC and Eastern Airline Join Force to Reward Customers: March 10, 2011 - ICBC and China Eastern Airline announced the ICBC Eastern Airline Co-Branded Card in an official launch ceremony. ICBC Chairman Jiang Jianqing and President Liu Shaoyong of China Eastern Airline were also present for the launch ceremony. The ICBC Eastern Airline ...

ICBC Receives Numerous Acclaims from CBRC for Its Financial Services to Small Enterprises: Earlier, the China Banking Regulatory Commission (CBRC) announced the "Advanced Banks" and "Advanced Individuals" for delivering financial services to small enterprises for the year 2010. In this year's awards programme of CBRC, ICBC President Yang Kaisheng was included in the ...

ICBC Picks up Four The Asset Awards Again including "Best Transaction Bank (China)": Earlier, The Asset (HK) announced the winners of its "The Asset Triple A Awards - Transaction Banking 2011". For the third time ICBC has been named "Best Cash Management Bank (China)", "Best Domestic Custodian (China)", " Rising Star Trade Finance Bank (China) ". ICBC took the ...

ICBC's First Overseas RMB Business Center Inaugurated in Singapore: The first overseas RMB business center of ICBC officially starts operation at the Bank's Singapore Branch on March 11, 2011, marking the beginning of the Bank's large-scale expansion in the overseas RMB business market. As the first RMB business center in Singapore, the center ...

ICBC Wins The Assets' Best Custodian Bank Award of the Year 2010: The Assets (HK), the respected financial publication internationally, has released its rankings for the Best Custodian Banks by region for the year 2010 in March, 2011. For the sixth consecutive year ICBC was named "Best Domestic Custodian (China)" for its excellence in custodian ...

ICBC Has over RMB 500 billion of Trade Finance Balance: Beginning from 2010, ICBC has taken trade finance as a strategic highlight to adjust its credit structure and moved aggressively on trade finance to replace the conventional liquidity loans. Growth of trade finance business has been impressive since then. ICBC held the top spot ...

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