Industrial and Commercial Bank of China
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Native name
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中国工商银行股份有限公司 |
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| Public company | |
| Traded as | |
| Industry |
Banking Financial services Investment services |
| Founded |
Beijing, China (1984) |
| Headquarters | Beijing, China |
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Key people
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Jiang Jianqing (Chairman & Executive Director) Luo Xi (Vice president) |
| Products |
Finance and insurance Consumer banking Corporate banking Investment banking Investment management Global wealth management Private equity Mortgage loans Credit cards |
| Revenue | CN¥475.21 billion (2011)16 Mar 2006 |
| CN¥208.44 billion (2011) | |
| Total assets | CN¥23.097 trillion (2015) |
| Total equity | CN¥957.82 billion (2011) |
| Owner |
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Number of employees
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375,354 (2014) |
| Website | (English) ICBC.com.cn |
| Industrial and Commercial Bank of China | |||||||
| Simplified Chinese | 中国工商银行 | ||||||
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| Traditional Chinese | 中國工商銀行 | ||||||
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| Alternative Chinese name | |||||||
| Chinese | 工行 | ||||||
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| Transcriptions | |
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| Standard Mandarin | |
| Hanyu Pinyin | Zhōngguó Gōngshāng Yínháng |
| Transcriptions | |
|---|---|
| Standard Mandarin | |
| Hanyu Pinyin | Gōngháng |
Industrial and Commercial Bank of China Ltd. (ICBC; simplified Chinese: 中国工商银行; traditional Chinese: 中國工商銀行; pinyin: Zhōngguó Gōngshāng Yínháng, more commonly just 工行 Gōngháng) is a Chinese multinational banking company, and the largest bank in the world by total assets and by market capitalization. It is one of China's 'Big Four' state-owned commercial banks (the other three being the Bank of China, Agricultural Bank of China, and China Construction Bank). It was founded as a limited company on January 1, 1984. As of June 2015, it had assets worth US$3.616 trillion. Generally considered the largest bank and public company in the world by assets; it is the first Chinese bank to achieve such a feat. It ranks number 1 in The Banker's Top 1000 World Banks ranking, and first on the Forbes Global 2000 list of the world's biggest public companies.
Industrial and Commercial Bank of China (ICBC) opens its very first office branch on 1 January 1984 in Beijing as a local state-run bank.
ICBC opened a branch in Luxembourg which became the European headquarters of the bank in 2011. ICBC (Europe) S.A. operates a network covering branches in major European cities, namely Paris, Amsterdam, Brussels, Milan, Madrid, Barcelona, Warsaw and Lisbon.
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