Saturday, October 24, 2020
Tags Industrial and Commercial Bank of China

Tag: Industrial and Commercial Bank of China

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...

ICBC Becomes First Chinese Bank to Issue Pound-denominated Bonds in London

Industrial and Commercial Bank of China (ICBC) has become the first Chinese-invested bank to issue bonds denominated in the British pound via...

World’s Biggest Bank Sheds Light on Its Fintech Strategy

The world's largest bank in terms of assets is adopting a unique fintech strategy that involves both an internal fintech department and...

ICBC Flags Greater Investment in Fintech as Part of Smart Bank Strategy

The world's largest lender in terms of assets has signalled increased investment in fintech as part of efforts to embrace a "smart...

ICBC Grabs Approval for Issuance of 70B Yuan in Preferred Shares within China

The world's largest bank in terms of assets has obtained approval from China's banking regulatory for a new issuance of preferred shares....

Chen Siqing Appointed Head of World’s Biggest Bank

The chair of Bank of China has been appointed the new head of big four state-owned lender Industrial and Commercial Bank of...

ICBC to Lead Trials for Over-the-counter Sales of Local Government Bonds

China's biggest bank is set to debut over-the-counter sales of local government bonds. According...

ICBC Becomes Fifth Big State-owned Bank to Obtain Approval for Wealth Management Subsidiary

The world's biggest bank in terms of assets has become the fifth major state-owned lender in China to obtain approval from Beijing...

ICBC Touts Transition Towards Smart Banking Via Use of Blockchains, AI and Big Data

The world's biggest lender says it is endeavouring to shift towards a "smart banking" model via the adoption of a range of new technologies,...

Most Read

Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...