All articles on ICBC

ICBC at the Top and Sitting Pretty
The Industrial and Commercial Bank of China (ICBC) has seen another golden harvest, even during the global financial drought. In 2008 its performance consolidated the bank's status as the world's largest by market value and it also became the world's most profitable.
March 26th,2009
Bullish GS Announces No Reduction in Its ICBC Shares, Again
Singapore's Temasek is similarly bullish with GS about China's banks, not merely resisting any reduction in holdings but actively adding to its stash.
May 19th,2009
Big Banks' NPL Rates Rise with Big Boost in Lending
Despite the global economic jam, four of China's big state-owned banks, the Bank of China (BoC), Industrial and Commercial Bank of China (ICBC), China Construction Bank (CCB), Bank of Communications (Bocom), have all recently reported stunning performance. But the news is not all so pretty, as non-performing loan (NPL) ratios of three of the four banks are also climbing.
March 31st,2009
China's Big Banks to Curtail Second Half Lending
The Bank of China was punished by the central bank for having issued as much as 901 billion yuan in loans.
July 29th,2009
Chinese Banks Finding Overseas Opportunities in London
August 3rd,2009
ICBC London a Bridge between China's Cash and Major European Borrowers
"China's banks have money" is the catchphrase heard among many large companies in Europe and Africa. Recently, such firms are contacting the branch of the Industrial and Commercial Bank of China (ICBC) in London to discuss consortium credits.
November 19th,2009
NPL Concerns and New Bank IPOs Drive 600 Billion Yuan Financing Rush
After China's the great leap in lending comes the inevitable great surge of refinancing. China's commercial banks, especially those that are very large and state-owned, are preparing for the rainy day of ever-accumulating non-performing loans (NPLs) by looking to raise 600 billion yuan from both the mainland and Hong Kong markets.
NPL;ABC;ICBC;CBRC March 31st,2010