ICBC Company Review & Valuation
About Industrial and Commercial Bank of China Limited
Industrial and Commercial Bank of China Limited provides various banking products and services primarily in China and internationally.
It operates through Corporate Banking, Personal Banking, and Treasury Operations segments.
The Corporate Banking segment offers financial products and services to corporations, government agencies, and financial institutions.
This segment's products and services include corporate loans, trade financing, deposit-taking activities, corporate wealth management services, custody activities, various corporate intermediary services, etc.
The Personal Banking segment provides personal loans and cards, deposits, personal wealth management, and personal intermediary services to individual customers.
The Treasury Operations segment is involved in the money market transactions, investment securities, and foreign exchange transactions, as well as holding of derivative positions.
The company also offers e-banking services, including Internet, telephone, and mobile banking services; and fund and asset management, trust, financial leasing, insurance, and other financial services.
As of December 31, 2017, it operated approximately 16,469 domestic institutions and 419 overseas institutions.
The company was formerly known as Industrial and Commercial Bank of China.
Industrial and Commercial Bank of China Limited was founded in 1984 and is headquartered in Beijing, the People's Republic of China.