Industrial and Commercial Bank of China Limited

China's largest state-owned commercial bank serving businesses and individuals

What Industrial and Commercial Bank of China does

ICBC is a major Chinese bank that takes deposits, makes loans, and provides payment and card services to companies, government agencies, and everyday customers. It also invests in money markets and securities and trades foreign exchange. Through its subsidiaries it offers asset management, fund sales, leasing, and insurance.

How Industrial and Commercial Bank of China makes money

It earns mainly on the spread between the interest it charges on corporate and personal loans and investments and the interest it pays on deposits. It also collects fees and commissions from cards, custody, wealth management, trade finance, and other intermediary services, and earns money from its leasing, insurance, and asset management subsidiaries.

Products & services

• Corporate loans and trade financing
• Personal loans and deposit accounts
• Bank cards
• Wealth management products and advisory
• Custody services
• Financial leasing and insurance