Industrial and Commercial Bank of China Ltd - Company Profile
Powered by 
All the sales intelligence you need on Industrial and Commercial Bank of China Ltd in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how Industrial and Commercial Bank of China Ltd fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with Industrial and Commercial Bank of China Ltd.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Industrial and Commercial Bank of China Ltd (ICBC) is a financial institution primarily engaged in corporate and personal banking services. The bank offers a range of products including corporate loans, personal loans, wealth management, and asset management services. The bank serves a diverse customer base, including small and micro enterprises, large corporations, and individual clients across various industries such as manufacturing, real estate, and technology. ICBC operates through a network of branches and sub-branches, providing financial services to both domestic and international markets. The bank has a significant presence in key regions including Asia Pacific, the Middle East, Latin America, Africa, and Europe. ICBC is headquartered in Beijing, China.
Industrial and Commercial Bank of China Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Loans and Financing: | Cross-border Financial Services | ICBC |
| Corporate Loans | Internet Based Finance | |
| Trade Financing | E-Banking Services | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Financing Agreements | In October, Industrial and Commercial Bank of China (Europe) and Powszechna Kasa Oszczednosci Bank Polski's consortium signed a credit agreement with TAURON Polska Energia for PLN 900 million. |
| 2024 | Contracts/Agreements | In August, the bank entered into an agreement with China Communications Construction Group to introduce several major projects. |
| 2023 | Corporate Changes/Expansions | In October, the company opened a renminbi clearing bank to facilitate both Pakistan and Chinese businesses and financial institutions. |
Competitor Comparison
| Key Parameters | Industrial and Commercial Bank of China Ltd | Agricultural Bank of China Ltd | Bank of China Ltd | Postal Savings Bank of China Co Ltd | Bank of Communications Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Beijing | Beijing | Beijing | Beijing | Shanghai |
| State/Province | Beijing | Beijing | Beijing | Beijing | Shanghai |
| No. of Employees | 409,758 | 457,835 | 313,746 | 196,779 | 97,932 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Liao Lin | Chairman | Executive Board | 2024 | 60 |
| Wang Jingwu | Director; Senior Executive Vice President; Chief Risk Officer | Executive Board | 2021 | 60 |
| Song Jianhua | Chief Business Officer | Senior Management | 2020 | 61 |
| Tian Fenglin | Chief Business Officer | Senior Management | 2023 | 59 |
| Liu Jun | President; Vice Chairman | Executive Board | 2024 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Access more premium companies when you subscribe to Explorer