On October 29, 2010, CFO World announced the winners of "2010 China's CFO Most Trusted Banks" in Beijing. ICBC won "Best Cash Management Award" for its cash management services.
Now in this fourth year in succession, the "Annual China CFO's Most Trusted Bank" is a competition run by CFO World to name the most trusted banks from the public votes and judges' scores.
In 2010, ICBC has maintained its momentum on cash management business. ICBC secures the first place in the local ranking of cash management banks by winning 470,000 cash management customers for the first three quarters ending September, accounting for a net increase of 183,000, or 64% over the end of previous year.
While gathering its pace on the customer scale and transaction volume, the content and quality are an integral part of ICBC's drive to improve the cash management service and shift the course from simple fund management to integrated wealth management, from local service to global service, from serving one customer to serving the supply chain.
ICBC holds on to the top spot among the domestic peers in the cash management service.
