ICBC

Founded in 1984, Industrial and Commercial Bank of China (ICBC) 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.

Huarong transformed from China’s biggest processor of distressed assets into one of the country’s largest debtors in the span of two decades

How three tonnes of cash helped bring down Huarong boss

Huarong transformed from China’s biggest processor of distressed assets into one of the country’s largest debtors in the span of two decades.

26 Aug 2018 - 11:02pm 16

Huarong orders staff to divulge offshore ties as it braces for regulatory probes into operations

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China Huarong Asset Management chairman, Lai Xiaomin. Photo: May Tse

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18 Apr 2018 - 11:26pm

Comeback in profits among Chinese banks augurs well for higher valuations

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28 Mar 2018 - 10:20pm

(111201) -- PHNOM PENH, Dec. 1, 2011 (Xinhua) -- A Cambodian man walks past a newly-opened branch office of the Industrial and Commercial Bank of China (ICBC), in Phnom Penh, capital of Cambodia, Nov. 30, 2011. China's Industrial and Commercial Bank of China (ICBC), on Wednesday officially opened its branch in Phnom Penh, aimed at cementing Sino-Cambodian economic and trade cooperation. (Xinhua/Philong Sovan) (xzj)

ICBC beats 2017 profit expectations

27 Mar 2018 - 6:54pm

An ICBC branch in Hong Kong. It is considered the world’s biggest lender with a market capitalisation of US$356 billion and assets well over US$3 trillion. Photo: Bloomberg

ICBC ordered by Fed to boost money-laundering safeguards

14 Mar 2018 - 10:41am

The China Banking Regulatory Commission has cut the minimum loan loss provision for Chinese banks to between 1.2 and 1.5 times the amount of impaired loans, instead of the 1.5 times before. Photo: Handout

China cuts amount of funds banks need to set aside for bad loans

7 Mar 2018 - 12:06am

Shares of China Construction Bank rose to their highest level in a decade this week in Shanghai. Photo: Reuters

Investors bet Chinese bank stocks will rally as economy improves

21 Jan 2018 - 10:30pm

Hong Kong’s new tax regime which will lower the cost of business for lessors, would bring in additional income for the government’s coffers. Photo: Felix Wong

To fly, Hong Kong’s aircraft lessors need more than tax breaks

6 Jan 2018 - 1:42pm

The deal with Korean Air comes less than six months after the government halved the standard tax rates for lessors to 8.25 per cent. Photo: K. Y. Cheng

Hong Kong seals first aircraft leasing deal under new tax regime

22 Dec 2017 - 10:16pm

ICBC is China’s largest bank by assets. Photo: Reuters

ICBC to offer 500b yuan of credit to support rental market in Guangzhou

16 Nov 2017 - 11:20pm

ICBC aims to grow the scale of assets managed by its Hong Kong asset management unit to US$12.8 billion by the end of 2017 and US$38.4 billion in three years. Photo: Sam Tsang

ICBC to grow assets managed by Hong Kong unit

19 Oct 2017 - 11:07pm

China’s big banks slow lending pace, devote 90pc of new mortgages to first-time buyers

China’s big four banks slash mortgages to second time home buyers

1 Sep 2017 - 3:27pm

Profit rise of 1.9 per cent better than analysts’ forecasts of 1.3 per cent, though fee-based income falls

China’s ICBC half-year profit beats expectations

30 Aug 2017 - 10:07pm

ICBC shares trading in Shanghai rose to a 9-year high on Friday. Photo: Reuters

ICBC rises to 9-year high in Shanghai, benchmark index surpasses key resistance

25 Aug 2017 - 3:39pm

ICBC Asia launches a range of benefits for holders of its ‘pet credit card’. Photo: Sam Tsang

ICBC puts faith in pet lovers with new services

7 Jun 2017 - 11:04pm

Greater pressure on bad loans at ICBC, but CCB sees its NPL ratio fall

Cost cutting delivers profit growth for state-owned CCB and ICBC

30 Mar 2017 - 10:58pm

Agricultural Bank of China is expected to post a profit decline of 2 per cent, the first drop since 2010. Photo: Reuters

Chinese banks feel pinch from falling interest income

27 Mar 2017 - 8:17am

‘One Belt, One Road’ and weak pound trigger growing interest among Chinese firms to trade in forex and metals in London

ICBC Standard Bank sticks with London expansion to tap Chinese demand despite Brexit

21 Nov 2016 - 11:02pm

Bank of China likely to lead declines; analysts see bad loans to persist for the remainder of 2016

China’s Big 4 banks may post a bad interim from this week, as bad loans rise amid a slower economy

25 Aug 2016 - 1:56pm

After turning Industrial and Commercial Bank of China into the world’s biggest bank, chairman Jiang Jianqing is retiring

The ex-coal miner who led ICBC out of the dark ages

20 May 2016 - 10:24pm 2

<p>Agricultural Bank posts modest growth in quarterly profit </p>

ICBC reports flat quarterly profit growth amid drop in interest income

28 Apr 2016 - 9:47pm

FILE - In this Friday, June 8, 2012 photo, a clerk counts Chinese banknotes at a bank in Huaibei in central China's Anhui province. Authorities in China have cracked the countrys biggest-ever underground banking network, which handled illegal foreign exchange transactions worth 410 billion yuan ($64 billion), state-run media reported Friday, Nov. 20, 2015. (Chinatopix via AP, File) CHINA OUT

World’s biggest bank gets caught up in China investment scandal

30 May 2016 - 5:09pm 1

This is the second time since 2009 that ICBC has posted negative quarterly profit growth and a sign that China’s massive state-owned banks are feeling the pressure of a slowing economy. Photo: AFP

China’s ICBC bank posts negative profit growth for second quarter

27 Aug 2015 - 8:44pm 1

ICBC has a small but growing global network that caters primarily to trade and project finance. Photo: AFP

Four of world's five biggest banks in China

9 Aug 2015 - 11:15pm

A man pedals past the ICBC bank branch in China. Photo: Bloomberg

China’s ICBC bank 2014 profits up 5 per cent, bad debt ratio climbs

26 Mar 2015 - 9:05pm

ICBC is planning the largest offshore issuance of hybrid securities by a mainland firm. Photo: Bloomberg

ICBC to issue US$5.7 billion of preferred shares in three currencies

4 Dec 2014 - 9:42am

Net income at Agricultural Bank slowed to 6 per cent quarter on quarter, its weakest growth since 2011. The lender also reported the highest NPL ratio. Photo: Bloomberg

Higher bad-loan rates tipped for Bank of China and Agricultural Bank

31 Oct 2014 - 8:08am

Industrial and Commercial Bank of China (ICBC) reported their biggest quarterly increase in bad loan levels in two years. Photo: Bloomberg

Mainland banks' bad loans on the rise

30 Oct 2014 - 6:26am

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