February 23 - In The Asset (HK)'s list of winners of the best custodian banks in the world and by country for the year 2009, ICBC has been named "Best Domestic Custodian (China) 2009" for the fifth year in recognition of its excellent performance and brand influence. Moreover, the General Manager of ICBC Asset Custody Department was recognized by The Asset as "the Custodian Banker of the Year, China" (2009). The Award, first time this year for individuals, was presented to the industry leaders who made substantial contribution to the securities and fund services.
In 2009, ICBC reinforced its dominance amid the rosy local market by expanding branch services and emerging services in addition to the traditional. ICBC achieved diversified portfolio in terms of both the scale and income. The scale of assets under ICBC custody reached another historic high to over RMB 1.8 trillion. ICBC continues to lead the league tables of securities investment fund, enterprise annuity, QDII assets, special investment service for fund houses.
The Asset is a leading financial magazine in Asia for delivering authoritative coverage to international investment bankers, professionals, commercial banks and capital market veterans. The Asset's annual Triple A Awards are the most prestigious and authoritative in the global financial market.
