Company
ICBC
Official Name: Industrial & Commercial Bank of China Ltd
Headquarters: Beijing, China
Employees: 439,787
Market Cap
CN¥1.610 Trillion
CNY as of Jan. 1, 2024
US$226.49 Billion
Company Description
ICBC provides a diverse range of banking products and services globally. It operates through three segments: Corporate Banking, Personal Banking, and Treasury Operations. ICBC offers corporate and personal loans, trade financing, deposit-taking, wealth management, custody activities, money market transactions, and foreign exchange transactions. The bank also provides e-banking and various other financial services.
Top Competitors by Market Capitalization
Industry: Banks—Diversified
| Company | Market Cap (USD) |
|---|---|
| JPMorgan | $495.55 B |
| Bank of America | $267.48 B |
| Wells Fargo | $178.97 B |
| Agricultural Bank of China | $178.47 B |
| HSBC | $155.80 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $797.77 B |
| Visa | $530.20 B |
| JPMorgan | $495.55 B |
| Mastercard | $392.71 B |
| Bank of America | $267.48 B |
Detailed Description
Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People's Republic of China and internationally. It operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers financial products and services to corporations, government agencies, and financial institutions. Its products and services include corporate loans, trade financing, deposit-taking activities, corporate wealth management services, custody activities, various corporate intermediary services, etc. The Personal Banking segment provides financial products and services to individual customers. This segment's products and services comprise personal loans and cards, deposits, personal wealth management, personal intermediary services, etc. The Treasury Operations segment is involved in the money market transactions, investment securities, and foreign exchange transactions, as well as in the holding of derivative positions. The company also offers e-banking services, including Internet, telephone, and mobile banking services; and investment banking, fund and financial asset management, trust, financial leasing, broker dealer, securities margin and trading, insurance, and other financial services. It operates 16,653 institutions, including 16,227 domestic institutions and 426 overseas institutions. Industrial and Commercial Bank of China Limited was founded in 1984 and is headquartered in Beijing, the People's Republic of China.
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Stocks & Indices
Industrial & Commercial Bank of China Ltd has the following listings and related stock indices.
Stock: SSE: 601398 wb_incandescent
Stock: FSX: ICK wb_incandescent
Stock: OTC: IDCBY wb_incandescent
Stock: OTC: IDCBF wb_incandescent
Stock: FSX: ICKB wb_incandescent
Stock: HKEX: 1398 wb_incandescent
Product & Services
Corporate Banking, Personal Banking, Treasury Operations, Loans and Credit Services, Trade Financing, Wealth Management, Custody Activities, E-banking Services, Investment Banking, Financial Asset Management