Recently the results of selection of "The Best Banks 2009" organized by "Global Finance" were announced, Industrial and Commercial Bank of China (Macau) Limited ("ICBC Macau") won the title of "The Best Bank in Macau Region 2009".
According to introduction, ICBC Macau was incorporated by two institutions of ICBC Group in Macau--ICBC Macau Branch and Seng Heng Bank on July 30, 2009 with full function bank license issued by Monetary Authority of Macau. ICBC holds 89.331% of total shares of ICBC Macau. As a famous authoritative economic media in the world, "Global Finance" holds a bank selection activity in the whole world every year. Seng Heng Bank had been appraised as "The Best Bank in Emerging Market in Macau" by "Global Finance" for consecutive 5 years since 2004. In 2009, "Global Finance" selected the best banks in different business scopes as well as the best banks in different countries and regions in the world. The standards of this selection include asset growth, profitability, strategic relationship, consumer service, competitive price, product creativity, etc. The fact that ICBC Macau won the title of "The Best Bank in Macau Region" this year demonstrates ICBC Macau's comprehensive operation strength and leading position in the market have obtained the high recognition.
Relevant official of ICBC Macau said, as the biggest locally registered bank in Macau, taking advantages of brand, technologies, network, talents and funds of ICBC Group, following the development strategy of "based on Macau, radiating to the mainland, expanding in neighboring regions and extending to Portuguese-speaking countries", with the goal of establishing an excellent mainstream bank in Macau Region, ICBC Macau is integrating resources, moderately operating and speeding up development so as to constantly lift its operation benefit, realize rapid business growth as well as show satisfying leap momentum and strong development strength.
In the future, ICBC Macau will be devoted to boosting the development of ICBC in Macau and making bigger contribution to economic and social constructions in the region.
