Official Name: Industrial & Commercial Bank of China Ltd
Headquarters: Beijing, China
CNY as of July 1, 2023
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.
|Company||Market Cap (USD)|
|Bank of America||$231.26 B|
|Agricultural Bank of China||$165.54 B|
|Wells Fargo||$163.20 B|
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.
Corporate Banking, Personal Banking, Treasury Operations, Loans and Credit Services, Trade Financing, Wealth Management, Custody Activities, E-banking Services, Investment Banking, Financial Asset Management