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Industrial and Commercial Bank of China

Industrial and Commercial Bank of China
Company nameIndustrial and Commercial Bank of China Ltd.
Company typePublic company
Hkse - 1398
SSE - 601398
IndustryBanking
Financial services
Investment services
FoundedBeijing, China (, 1984)
HeadquartersBeijing
Area servedWorldwide
Key peopleJiang Jianqing
(Chairman & Executive Director)
Yang Kaisheng
(Vice Chairman, Executive Director & President)
ProductsFinance and insurance
Consumer Banking
Corporate Banking
Investment Banking
Investment Management
Global Wealth Management
Private Equity
Mortgages
Credit Cards
Revenue$68.68 billion (2009)
Operating income$24.28 billion (2008)
Net income$18.92 billion (2009)
Total assets$1.724 trillion (2009)
Employees389,827 (2009)

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Industrial and Commercial Bank of China Ltd. (ICBC) ( , more commonly just 工行 Gōngháng) is the largest Bank 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 March 2010, it had assets of RMB 12.55 trillion (US$1.9 trillion), with over 18,000 outlets including 106 overseas branches and agents globally. In 2011, it ranked number 7 on Forbes Global 2000 list of worlds biggest public companies.


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