ICBC

Founded in 1984, Industrial and Commercial Bank of China (ICBC) is the largest bank in the world by profit and market capitalisation as of 2012. It is one of China's 'Big Four' state-owned commercial banks -- the other three are Bank of China, Agricultural Bank of China, and China Construction Bank.

ICBC in push into merchant banking

Lender seeks licence to do mega deals in HK

Industrial and Commercial Bank of China, the world's largest lender by value, is aggressively expanding into Hong Kong investment banking and asset management business by setting up new ventures.

Monday, 31 March, 2008, 12:00am

Winnie Ho acts to block ICBC's Seng Heng deal

Winnie Ho Yuen-ki, the estranged sister of gaming magnate Stanley Ho Hung-sun, yesterday filed a lawsuit in Macau seeking a court order to block Industrial and Commercial Bank of China's HK$4.54 billion acquisition of Seng Heng Bank, claiming the sale was illegitimate.

26 Oct 2007 - 12:00am

Rally puts ICBC on top of the world

Tax cut, rate rise fail to halt mainland stocks

Industrial and Commercial Bank of China is on top of the world after investors drove mainland stocks to a one-month high yesterday and the bank's share price to a level that made it the world's biggest lender by capitalisation.

24 Jul 2007 - 12:00am

Interest income lifts ICBC (Asia) profit 27pc

ICBC (Asia), the Hong Kong unit of the mainland's largest bank, said net profit increased 27 per cent last year as strong growth in net interest income more than offset a jump in loan impairment charges.

21 Mar 2007 - 12:00am

China Life, ICBC weigh in with small gains

Shares in China Life Insurance and Industrial and Commercial Bank of China gained slightly yesterday, their first trading day as members of the Hang Seng Index.

China Life gained 1.63 per cent to HK$21.85 with HK$2.3 billion worth of shares changing hands.

ICBC rose 0.68 per cent to HK$4.43 with HK$2.1 billion worth of shares changing hands.

13 Mar 2007 - 12:00am

ICBC share sale world's top offering at US$19b

Mainland lender to sell 16 per cent of enlarged share capital in listing in Hong Kong and Shanghai

The Industrial and Commercial Bank of China, the mainland's biggest lender, plans to sell 16 per cent of its enlarged share capital in what is likely to be the world's largest initial public offering, sources said.

6 Sep 2006 - 12:00am

ICBC plan sets limit on new shares in flotation

Industrial and Commercial Bank of China, the mainland's largest commercial lender, has proposed limiting the number of new shares in its up to US$15 billion international public share sale later this year in a bid to gain a higher valuation.

26 Apr 2006 - 12:00am

ICBC pins profit hopes on merger

Next step in lender's consolidation will be integration of credit-card businesses

ICBC (Asia) expects its merger with Belgian Bank to speed up a goal of increasing return on equity to 15 per cent from 11.4 per cent.

13 Oct 2005 - 12:00am