Industrial and Commercial Bank of China

OverviewSuggest Edit

Industrial and Commercial Bank of China (ICBC, 中国工商银行) is a state-owned commercial bank. Its operating segments include Corporate Banking, Personal Banking, Treasury Operations, and Other. The Corporate Banking segment covers the provision of financial products and services to corporations, government agencies, and financial institutions. The products and services include corporate loans, trade financing, deposit-taking activities, corporate wealth management services, custody activities, corporate intermediary services, etc. The Personal Banking division offers the provision of personal loans, deposit-taking activities, card business, personal wealth management services, and personal intermediary services to individual customers. The treasury operations segment covers the Group’s treasury operations, which include money market transactions, investment securities, foreign exchange transactions, and the holding of derivative positions, etc. The Other segment covers the Group’s assets, liabilities, income, and expenses that are not directly attributable or cannot be allocated to a segment on a reasonable basis.
TypePublic
Founded1984
HQBeijing, CN
Websiteicbc-ltd.com

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Latest Updates

Employees (est.) (Dec 2020)439,787
Revenue (FY, 2020)¥800.1 B(+4%)
Share Price (Sept 2021)¥4.7
Cybersecurity ratingBMore
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Key People/Management at Industrial and Commercial Bank of China

Liao Lin

Liao Lin

President
Wang Bairong

Wang Bairong

Chief Risk Officer
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Industrial and Commercial Bank of China Office Locations

Industrial and Commercial Bank of China has offices in Beijing, Alashan Meng, Changchun Shi, Changsha Shi and in 33 other locations
Beijing, CN (HQ)
No.55 FuXingMenNei Street, Xicheng District
Alashan Meng, CN
Xi Lin Bei Lu, Alashanzuo Qi
Beijing, CN
17 C Financial Street, Xicheng District
Beijing, CN
2 Fuxingmen S St, Xicheng Qu
Changchun Shi, CN
Ren Min Da Jie
Changsha Shi, CN
Fu Rong Zhong Lu
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Industrial and Commercial Bank of China Financials and Metrics

Industrial and Commercial Bank of China Revenue

Industrial and Commercial Bank of China's revenue was reported to be ¥800.08 b in FY, 2020 which is a 3.1% increase from the previous period.
CNY

Revenue (H1, 2021)

426.4b

Net income (H1, 2021)

164.5b

EBIT (H1, 2021)

206.9b

Market capitalization (29-Sept-2021)

1.6t

Closing stock price (29-Sept-2021)

4.7

Cash (30-Jun-2021)

3.7t

EV

(2.0t)
Industrial and Commercial Bank of China's current market capitalization is ¥1.6 t.
Annual
CNYFY, 2018FY, 2019FY, 2020

Revenue

725.1b776.0b800.1b

Revenue growth, %

7%3%

Operating expense total

194.2b207.8b206.6b

Depreciation and amortization

15.7b15.6b16.3b
Half Year
CNYH1, 2019H1, 2020H1, 2021

Revenue

394.2b402.3b426.4b

Operating expense total

87.2b87.9b95.0b

Depreciation and amortization

7.8b7.9b8.6b

EBIT

207.9b189.0b206.9b
Annual
CNYFY, 2018FY, 2019FY, 2020

Cash

3.4t3.3t3.5t

Accounts Receivable

16.0t17.4t19.2t

PP&E

290.4b286.6b286.3b

Goodwill

9.3b9.5b8.9b
Quarterly
Annual
CNYFY, 2018FY, 2019FY, 2020

Net Income

298.7b313.4b317.7b

Depreciation and Amortization

22.7b28.5b29.7b

Accounts Payable

1.9t2.0t2.8t

Cash From Operating Activities

724.1b694.5b1.6t
Quarterly
CNYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

84.2b168.7b252.7b88.4b149.8b230.2b86.3b164.5b

Depreciation and Amortization

5.0b13.6b16.6b5.8b14.8b17.9b6.3b14.6b

Accounts Payable

1.4t2.1t2.2t1.8t2.8t3.1t967.0b(1.2t)

Cash From Operating Activities

1.0t1.0t1.4t1.9t1.9t2.0t612.7b3.8t
CNYFY, 2018

Revenue/Employee

1.6m

Financial Leverage

11.8 x
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Industrial and Commercial Bank of China Acquisitions / Subsidiaries

Company NameDateDeal Size
Bank ICBC Joint stock company
Chongqing Bishan ICBC Rural Bank Co., Ltd.
ICBC Austria Bank GmbH
ICBC-AXA Assurance Co., Ltd.
ICBC Credit Suisse Asset Management Co., Ltd.
ICBC Financial Asset Investment Co., Limited
ICBC Financial Leasing Co., Ltd.
ICBC International Holdings Limited
ICBC (London) PLC
ICBC PERU BANK
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Industrial and Commercial Bank of China Revenue Breakdown

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Industrial and Commercial Bank of China revenue breakdown by business segment: 10.5% from Treasury Operations, 39.8% from Personal Banking, 49.2% from Corporate Banking and 0.6% from Other

Industrial and Commercial Bank of China Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Industrial and Commercial Bank of China Online and Social Media Presence

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Industrial and Commercial Bank of China News and Updates

ICBC Turkey receives 12 prizes at LACP 2020 Vision Awards - World News

ICBC Turkey receives 12 prizes at LACP 2020 Vision Awards - World News

ICBC investigates claims that driving school owner Steve Wallace sexually harassed students

ICBC investigates claims that driving school owner Steve Wallace sexually harassed students

Announcement on Convening 2021 Interim Results Release

Industrial and Commercial Bank of China Limited (the “Bank”) intends to disclose 2021 interim results on 27 August 2021. In order to facilitate investors to have a comprehensive and in-depth understanding of the Bank’s 2021 interim results and operating condition, the Bank intends to hold a results …

Date of Board Meeting

The Board of Directors (the “Board”) of Industrial and Commercial Bank of China Limited (the“Bank”) announces that a meeting of the Board will be held on Friday, 27 August 2021, for the purpose of approving the interim results of the Bank for the six months ended 30 June 2021, and matters such as th…

Monthly Return of Equity Issuer on Movements in Securities for the Month Ended 31 July 2021

Authorised share capital for EUR Offshore Preference Shares: Calculated in accordance with the number of EUR Offshore Preference Shares issued and the amount of proceeds raised from the issuance of each EUR Offshore Preference Share, which is EUR15.

First Extraordinary General Meeting of 2021 Held on 29 July 2021 Poll Result

The board of directors of the Bank (the “Board”) announces that the EGM was held at the head office of the Bank, 55 Fuxingmennei Avenue, Xicheng District, Beijing, PRC on 29 July 2021 at 2:50 p.m.
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Industrial and Commercial Bank of China Frequently Asked Questions

  • When was Industrial and Commercial Bank of China founded?

    Industrial and Commercial Bank of China was founded in 1984.

  • Who are Industrial and Commercial Bank of China key executives?

    Industrial and Commercial Bank of China's key executives are Liao Lin and Wang Bairong.

  • How many employees does Industrial and Commercial Bank of China have?

    Industrial and Commercial Bank of China has 439,787 employees.

  • What is Industrial and Commercial Bank of China revenue?

    Latest Industrial and Commercial Bank of China annual revenue is ¥800.1 b.

  • What is Industrial and Commercial Bank of China revenue per employee?

    Latest Industrial and Commercial Bank of China revenue per employee is ¥1.8 m.

  • Who are Industrial and Commercial Bank of China competitors?

    Competitors of Industrial and Commercial Bank of China include Bank of China, Agricultural Bank of China and China Construction Bank.

  • Where is Industrial and Commercial Bank of China headquarters?

    Industrial and Commercial Bank of China headquarters is located at No.55 FuXingMenNei Street, Xicheng District, Beijing.

  • Where are Industrial and Commercial Bank of China offices?

    Industrial and Commercial Bank of China has offices in Beijing, Alashan Meng, Changchun Shi, Changsha Shi and in 33 other locations.

  • How many offices does Industrial and Commercial Bank of China have?

    Industrial and Commercial Bank of China has 40 offices.