Industrial and Commercial Bank of China

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.

BANKING

'Too big' ICBC announces slowdown in growth

28 Mar 2013

ICBC, the world's largest bank by market value and assets, plans to slow down asset expansion this year and tolerate a higher bad-loan ratio, underscoring the pressure from stricter capital rules...

5:52AM

Big Four's new-loans quota for 2013 'close to 3tr yuan'

19 Jan 2013

The four biggest mainland banks by assets are expected to get a 35 per cent share of the country's new-loan quota of 8.5 trillion yuan (HK$10.6 trillion) this year, maintaining their dominance...

5:12AM

ICBC fundraising worries investors

17 Jan 2013

The fundraising plans of Industrial and Commercial Bank of China (ICBC) cooled enthusiasm in the mainland stock market yesterday, as investors fretted about further capital raisings by lenders.

4:19AM

Fresh loans down at big four state banks

9 Jan 2013

The "big four" state-controlled banks doled out fewer new loans last month than in November, spurring hope that mainland banks might have put the brakes on lending.

4:08AM

Business Digest, December 8, 2012

8 Dec 2012

HKMA sells HK$3.875b to weaken HK dollar

3:49AM

Big Four mainland banks book 23.6pc drop in new loans in November

7 Dec 2012

As the growth of loans on the mainland continues to decelerate, the Big Four banks' new lending fell 23.6 per cent last month from October.

3:23AM

Opinion

Jake Van Der Kamp

EU fails to adapt to borderless world

4:35AM

Howard Winn

Ferry companies shouldn't be subsidised while they burn dirty fuel

2:53AM

City lenders explore new ground

Some local mainland banks are trying to get an edge over the country's Big Four state lenders by expanding into non-banking businesses that are relatively new to the domestic players.

3:25AM

Better loan performance sees ICBC profit rise 14.9pc

Industrial and Commercial Bank of China (ICBC), the world's largest bank by assets, has posted a forecast-beating 14.9 per cent rise in third-quarter earnings. The gains came from higher profit...

8:16AM

Rise in bad loans at mainland banks no threat to profits

The level of non-performing loans is expected to keep rising at mainland banks, but analysts say the relatively slow pace is unlikely to weigh on their profits this year.

2:35AM

BANKING

Are China's Big Four banks primed for an offshore plunge?

As the euro-zone debt crisis deepens, market speculation is growing quickly about whether China's capital-rich Big Four banks will take the rare chance to acquire some European rivals, even though...

4:15AM

Top Big Four executive to join People's Bank China

Pan Gongsheng, an executive vice-president at scandal-hit Agricultural Bank of China (ABC), has been appointed a vice-governor of China's central bank, a move seen as a reward for the executive...

4:50PM

Loan targets will remain, ICBC says

Industrial and Commercial Bank of China said it would not adjust loan targets or accelerate lending, even though the world's second biggest economy is slowing and the government is relaunching...

4:24PM