Industrial and Commercial Bank of China Limited

HKEX: 1398.HK

7.235

+0.98%

Share Price in HKD. As of 17 Aug 11:59:57 SGT

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Company description

Industrial and Commercial Bank of China Limited (ICBC) is a state-controlled commercial bank in China. It provides corporate banking, personal banking, treasury, asset management and investment banking services to retail, corporate and institutional clients. Revenue is generated mainly from net interest income, fees, commissions, treasury activities and investment-related services. The bank has a domestic branch network in China and overseas operations supporting cross-border trade and financial services. ICBC is majority-owned by Central Huijin Investment and China's Ministry of Finance, and is regulated by Chinese banking authorities. It is dual-listed in Hong Kong and Shanghai and headquartered in Beijing.

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