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Industrial and Commercial Bank of China News

17 Feb 2018

Pakistan takes USD 500 million loan from China

Pakistan has contracted another foreign commercial loan of USD 500 million from the Industrial and Commercial Bank of China (ICBC) to shore up its depleting reserves.

Forbes Global 2000

27 May 2016

HDFC among world's top 10 consumer financial services firms

Mortgage lender HDFC Ltd has been ranked among the world's ten biggest and most powerful companies in the consumer financial services sector on a Forbes list topped by global major American Express.

22 Feb 2016

Chinese banks freeze North Korean accounts: Report

Chinese banks including a branch of China`s biggest bank Industrial and Commercial Bank of China (ICBC) have frozen accounts belonging to North Koreans, a South Korean newspaper reported on Monday.

China banking industry

31 Oct 2015

Chinese banks bears brunt of economic slowdown

Bad loans have continued to increase due the economic headwinds.

19 May 2015

Cashing out: Millions 'disappear from China bank accounts'

A businesswoman deposited the equivalent of almost USD 2 million at a branch of China's largest bank but only USD 20 remained after most of it was transferred without her authorisation, state media reported.

Modi's China visit

16 May 2015

Airtel clinches $2.5 billion Chinese financing deals

Bharti Airtel on Saturday said it has received financing commitments of up to USD 2.5 billion from China Development Bank and Industrial and Commercial Bank of China, with an average maturity of about nine years.

30 Oct 2014

China banks' bad loans surge, credit crunch could spread west

Bank of Communications Co Ltd (BoCom) and Industrial and Commercial Bank of China (ICBC) reported their biggest quarterly increase in bad loan levels in two years as China`s economic slowdown stretched more companies` ability to repay debts.

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