Wednesday, January 27, 2021
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,...

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Virtual Lender ZA Bank Obtains Insurance Agency License in Hong Kong

One of Hong Kong's first virtual lenders has just obtained a license to also operate as a virtual insurance agency less than...

Chengdu to Issue 50M Yuan in Digital Renminbi via Record-sized Lottery

The Sichuan province capital of Chengdu is the latest Chinese city to stage trials for the issuance of the digital renminbi via...

Automaker Geely Establishes Fintech Investment Vehicle

Privately held automaker Zhejiang Geely Holding Group (浙江吉利控股集团有限公司) is seeking to expand its presence in the fintech sector with the launch of...

China Authorises 530,000 Patents in 2020, Patent Pledge Financing Rises over 43% YoY

The China National Intellectual Property Administration (CNIPA) says it approved 530,000 patents in 2020, bringing the total number of domestic patents in...