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The Industrial and Commercial Bank of China (ICBC) is the largest
bank in China, and the fourth largest company in the country.
By the end of 2002, its total assets accounted for a quarter of
the total owned by China' s commercial banks. It has the largest
domestic network and a fast-growing international presence, with
71 branches and subsidiaries in major international financial
centers around the world. It has been equipped with arguably the
best banking technology in the country, which enables it to deliver
a wide range of products and services to the largest corporate
and retail customer base in China.
ICBC's remarkable performance has been duly recognised by the
financial industry of the world. ICBC was awarded "Bank of
the Year" for three consecutive years by the Banker
magazine and the Global Finance magazine. According
to The Banker, which rated 1000 major banks worldwide according
to their first-tier capital, ICBC has been among the top ten for
four consecutive years and No. 1 in China for five consecutive
years. ICBC has been included among Global 500 enterprises in
the world for four years in a row.
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