Wednesday, April 14, 2021
Tags Industrial and Commercial Bank of China

Tag: Industrial and Commercial Bank of China

Banking

ICBC Establishes New Senior Supervisory Office

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

ICBC Enters Comprehensive Strategic Cooperative Agreement with Alibaba, Ant Financial

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

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

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

World’s Biggest Bank Sheds Light on Its Fintech Strategy

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

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

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

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

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

Chen Siqing Appointed Head of World’s Biggest Bank

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

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

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

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

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

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

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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,...
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Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

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The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...
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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

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The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...
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Chinese CPI Bounces Back into Positive Territory in March

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China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...
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Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

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Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...
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