Tuesday, May 18, 2021


ICBC and China Construction Bank Top The Banker’s List of the World’s Leading Lenders

The latest list of the world's top 1000 banks compiled by the UK's The Banker puts Chinese state-owned lenders in all four...

ICBC Establishes “New Star Academy” at ICBC University in Beijing

China and the world's biggest bank in terms of assets has launched a new faculty at its college in Beijing.

PBOC’s Credit Reference Centre Enters Cooperative Agreement for Accounts Receivable Financing Platform

The Chinese central bank's credit agency has announced that it will work with three of China's leading banks on the operation of...

Ant Financial and ICBC Enter Cooperation on QR Code Compatibility

Fintech giant Ant Financial and China's biggest bank have officially launched cooperation in the area of QR code compatibility.

ICBC, China Merchants, Ping An Become First Banks to Participate in Mutual Fund Advisory Trials

The Industrial and Commercial Bank of China (ICBC), China Merchants Bank and Ping An Bank are amongst the first group of banks...

ICBC Establishes New Senior Supervisory Office

The world's biggest bank has announced the establishment of a new supervisory office amongst its senior executives.

ICBC Enters Comprehensive Strategic Cooperative Agreement with Alibaba, Ant Financial

China and the world's biggest bank in terms of assets has just sealed a strategic partnership with e-commerce and fintech giants Alibaba...

Banks of the Future Will Be Like Fintech Companies, Shift to Dependence on Data instead of Experience: ICBC President Gu Shu

The head of the world's biggest bank in terms of assets has stressed the critical importance of big data and fintech to...

ICBC Enters Strategic Cooperative Agreement with NetsUnion Clearing Corporation

China's biggest bank in terms of assets has entered an official cooperative partnership with the Chinese central bank's clearing platform.

ICBC Announces Official Launch of Fintech Research Academy

China's biggest bank has announced the launch of a new fintech research body as part of its "smart bank" strategic drive.

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China’s Commercial Banks See YoY Profit Growth of 2.4% in First Quarter, NPL Ratio Eases to 1.8%

The latest official data points to modest growth in the net profits of the Chinese commercial banking sector in the first quarter...

ICBC Tops Forbes List of World’s 2000 Leading Public Companies for Ninth Consecutive Year

China biggest bank in terms of assets has once again topped the Forbes Global 2000 list of the world's leading public companies....

PBOC Undertakes 100 Billion Yuan in 1-year MLF Operations on 17 May, Rates Remain Unchanged

The People's Bank of China (PBOC) undertook 100 billion yuan in medium-term lending facility (MLF) operations on 17 May, alongside 10 billion...

Huawei Wants to Drive China’s Transformation into the World’s Digital Leader

Chinese telecoms giant Huawei has committed to a major overhaul of its cooperative partnership ecosystem as part of efforts to transform China...