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China's top economic planner, ICBC pledge support for private firms in Hubei
China's top economic planner and the country's biggest commercial lender have jointly launched a special plan to beef up support for private enterprises in Hubei Province, which was hit hard by COVID-19.
June09,2020
ICBC boosts loans to small businesses in Jan.-May
The Industrial and Commercial Bank of China (ICBC), China's biggest commercial lender, provided 443.8 billion yuan (about 62.44 billion U.S. dollars) in inclusive finance loans to small businesses in the first five months this year.
June04,2020
ICBC International helps AIIB issue USD3 bln global sustainable development bond
ICBC International recently announced that it has assisted the Asian Infrastructure Investment Bank (AIIB) in issuing a 3 billion U.S. dollar global sustainable development bond.
June01,2020
ICBC's outstanding loans up 50 pct in Q1
The Industrial and Commercial Bank of China (ICBC), China's biggest commercial lender, saw its inclusive loan balance rise 50 percent year on year in the first quarter to help smaller businesses tide over difficulties following the outbreak of COVID-19.
June01,2020
ICBC deepens cooperation with Alipay
The Industrial and Commercial Bank of China (ICBC), China's biggest commercial lender, recently launched a three-year deposit product on the country's leading digital payment platform Alipay, reported the Xinhua-run Shanghai Securities Journal.
May29,2020
ICBC provides bond financing services for Chinese companies going global
The Industrial and Commercial Bank of China (ICBC), China's biggest commercial lender, has actively provided global bond financing services for Chinese companies going global, supporting them in fighting against COVID-19 and maintaining business stability since this year.
May25,2020
ICBC's Seoul branch supports businesses of China and ROK amid pandemic
The Industrial and Commercial Bank of China (ICBC)'s branch in Seoul, capital of the Republic of Korea (ROK), has been facilitating production resumption and trade financing for enterprises of the two countries since the COVID-19 outbreak.
May20,2020
ICBC granted branch banking licence in New Zealand
The New Zealand Reserve Bank announced in a statement on Monday that it has registered Industrial and Commercial Bank of China Limited (ICBC) to provide banking services in New Zealand.
May19,2020
ICBC to finance over 300 bln yuan for key sectors' development in Hubei
The Industrial and Commercial Bank of China (ICBC), the country's biggest commercial lender, promised to offer no less than 300 billion yuan (about 42.33 billion U.S. dollars) of financing support for the development of key sectors in central China's Hubei Province in the next two years.
May14,2020
Roundup: Chinese bank ICBC facilitates smooth trade between China, Japan amid COVID-19
As Japan is struggling to contain the spread of COVID-19, the Industrial and Commercial Bank of China (ICBC) Tokyo branch is promoting smooth trade and economic cooperation between China and Japan.
April24,2020
Ministry, ICBC to support virus-hit foreign trade, foreign-invested firms
China's Ministry of Commerce (MOC) has inked a memorandum of understanding with the country's biggest commercial lender, the Industrial and Commercial Bank of China (ICBC), to help foreign trade and foreign-invested firms counter the impact of the novel coronavirus epidemic.
April14,2020
China's biggest lender issues 43 bln yuan of loans amid epidemic
The Industrial and Commercial Bank of China, the country's biggest lender, said Tuesday that it has issued over 43 billion yuan (about 6.14 billion U.S. dollars) of loans to fight the novel coronavirus outbreak and help companies restore production since Jan. 24.
February12,2020
ICBC reports bond underwriting of RMB1.52 trln in China last year
The Industrial and Commercial Bank of China (ICBC), one of China's largest commercial banks, provided underwriting services for as many as over 1,800 batches or 1.52 trillion yuan of bonds in China last year.
February03,2020
ICBC joins hands with Alibaba, Ant Financial to promote digital finance development
Industrial and Commercial Bank of China(ICBC) signed an agreement with Alibaba and Ant Financial on December 16 in Beijing to promote digital finance development.
December18,2019
ICBC Turkey wins 2 annual awards from International Banker magazine
The Turkish subsidiary of the Industrial and Commercial Bank of China (ICBC) was named lately the "Best Commercial Bank of the Year Turkey" and the "Best Investment Bank of the Year Turkey" by the International Banker magazine.
December03,2019
ICBC profits up 5.8 pct in Q3
The Industrial and Commercial Bank of China (ICBC), China's biggest commercial lender, reported a net profit increase of 5.8 percent in the third quarter of this year.
October28,2019
ICBC to increase financing for Yangtze River Delta development
China's largest commercial lender has planned an additional 2 trillion yuan (about 283 billion U.S. dollars) of financing to support the integrated development of the Yangtze River Delta region in the coming five years.
October14,2019
Chinese bank promotes RMB financial express services in Myanmar
A workshop to promote Myanmar-China RMB financial express services was held here on Wednesday by the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) and the Industrial and Commercial Bank of China Limited (ICBC), Yangon Branch.
September26,2019
Agreement to help Abu Dhabi win more BRI business
Abu Dhabi Ports and Jiangsu Overseas Cooperation Investment Co Ltd (JOCIC) have signed a five-year agreement with Industrial and Commercial Bank of China, which is expected to facilitate Chinese companies operating at Khalifa Industrial Zone (KIZAD).
August06,2019
ICBC to issue RMB80 bln bonds to replenish additional Tier 1 capital from Friday
Industrial and Commercial Bank of China (ICBC), one of China’s big four lenders, is scheduled to issue 80 billion yuan of undated bonds to boost its additional Tier I capital during July 26-30.
July24,2019
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