In a recent announcement of the results of All-Round Excellence companies by HK magazine The Asset, ICBC won the highest honor Platinum Award.
Platinum Awards for All-Round Excellence were given to companies who contribute significantly in the areas of corporate governance, financial performance, social responsibility, environmental responsibility and investor relations. The survey was the result of questionnaires completed by companies participating in the assessment and interviews with the investors. The winners were chosen by the many opinions gathered from the questionnaires and investors.
ICBC has followed the internationally advanced philosophy and principle of corporate governance to build a modern corporate governance infrastructure, to raise the independency and operating efficiency of board of directors, to improve operating management and financial performance, to strengthen risk management and internal control, to maintain close relationship with investors, to strengthen management of information disclosure and to fulfill social responsibility. Over the past one year, ICBC has stood against the global financial crisis and maintained steady profitability growth in all services. ICBC is now the largest public bank in the world in terms of market capitalization, profitability, deposit base and brand value. ICBC garnered this year's The Asset Platinum Award for All-Round Excellence shows the full credit and high recognition from all walks of society and investors to ICBC's corporate governance, operating management, social responsibility and investor relations.
