Company attributes
Other attributes
Industrial and Commercial Bank of China was
established on 1 January 1984. On 28 October 2005,
the Bank was wholly restructured to a joint-stock
limited company. On 27 October 2006, the Bank was
successfully listed on both Shanghai Stock Exchange
and The Stock Exchange of Hong Kong Limited.
Through its continuous endeavor and stable
development, the Bank has developed into the
leading bank in the world, possessing an excellent
customer base, a diversified business structure, strong
innovation capabilities and market competitiveness.
The Bank regards service as the very foundation
to seek further development and adheres to
creating value through services while providing
a comprehensive range of financial products and
services to over 8.60 million corporate customers
and 680 million personal customers. The Bank has
been consciously integrating the social responsibilities
with its development strategy and operation
and management activities, and gaining wide
recognition in the aspects of supporting pandemic
containment, promoting inclusive finance, backing
poverty alleviation and rural revitalization, developing
green finance and participating in public welfare
undertakings.
The Bank always keeps in mind its underlying
mission of serving the real economy with its principal
business, and along with the real economy it
prospers, suffers and grows. Taking a risk-based
approach and never overstepping the bottom line, it
constantly enhances its capability of controlling and
mitigating risks. Besides, the Bank remains steadfast
in understanding and following the business rules of
commercial banks to strive to be a century-old bank.
It also stays committed to seeking progress with
innovation while maintaining stability, continuously
enhances the key development strategies, actively
develops the FinTech and accelerates the digital
transformation. The Bank unswervingly delivers
specialized services, and pioneers a specialized
business model, thus making it “a craftsman in large
banking”.
The Bank was ranked the 1st place among the Top
1000 World Banks by The Banker, the 1st place in the
Global 2000 by Forbes, and the 1st place in the list of
commercial banks of the Global 500 in Fortune for
the eighth consecutive year, and took the 1st place
among the Top 500 Banking Brands of Brand Finance
for the fifth consecutive year.
Strategic Significance:
Adherence to the guidance of Party building and strict governance: ICBC
adheres to and strengthens the Party’s leadership over financial work, deepens the building of
governance system and capacity, and improves the scientific decision-making and effectiveness of
governance.
Adherence to the customer first and serving the real economy: ICBC
sticks to the source of the real economy, commits itself to meeting people’s new expectations and
demands for financial services, and makes every effort to build the No.1 Personal Bank.
Adherence to the technology driven and value creation: ICBC empowers
operation and management by FinTech and creates superior value for the real economy, shareholders,
customers, employees and society.
Adherence to the international vision and global operation: ICBC actively
utilizes domestic and overseas markets and resources, improves the layout and content of international
development, and integrates it into China’s new pattern of high-level opening-up.
Adherence to the pragmatic transformation and reform: ICBC advances
reform in key areas and key links in keeping pace with the times, and seeks more room for
transformation and more vitality for reform.
Adherence to the solid foundation by risk control and talent-oriented
development: ICBC strengthens the bottom-line thinking, combines prevention and control,
and holds onto the lifeline of asset quality. ICBC strengthens humanistic care and corporate culture
building, and enhances staff cohesion.
