Since its foundation in 1984, Industrial and Commercial Bank of China has fully undertaken industrial and commercial credits and savings businesses which were originally transacted by People's Bank of China, therefore it has taken on the responsibility of accumulating the social wealth and supporting the national construction.
With its leading market position, high-quality customer base, diversified business structure, strong ability of innovation, market competitiveness and excellent brand value in China, ICBC is now helping customers from all over the world to manage assets and create wealth with its sincere services and professional abilities, aiming at developing and improving itself to a leading international modern financial enterprise.
ICBC has very strong profitability. In 2007, the group has 81.99 billion yuan for after-tax profits, which is 65.9% growth than last year. By the end of 2007, its total market value rose to 338.934 billion U.S. dollars, an increase of 35%, it has the largest market value among listed banks in the world.
ICBC has also paced up in the implementation of comprehensive operation and international development strategies. Nearly 17,000 domestic and oversea institutions cover China's most big and middle-sized cities and main international financial centers, providing excellent services directly to customers.
Corporate Finance Business
ICBC has developed financial products and perfected financial products linkage marketing mechanism, providing comprehensive financial services to SMEs. Notes discount balance market shares maintain to be the biggest among the industry. ICBC has both consolidated advantages in traditional settlement products and been increasing add-value services.
Personal Finance Business
Being "the First Retail Bank" in China, ICBC made great effort in developing personal loans business which mainly includes personal house, personal consumption and personal operation loans. By the end of 2007, domestic personal loans balance amounted to 752.113 billion yuan, took the first place of personal loans market shares.
Bank Card Business
ICBC is the largest credit card issuing bank with the most complete card categories in China. It developed various kinds of cards, such as Peony Money Link Card, euro credit card, Peony Express Business Card, Peony UnionPay Card, Peony Sports Card, new Peony Traffic Card, ect. It has constructed operation outlets service system and VIP service center.
In 2007, domestic institutions had financed RMB inwardly and outwardly altogether 6,096.7 billion yuan, an increase of 27.6%, of which outwardly financing 4,113.3 billion yuan, inwardly 1,983.4 billion yuan. The trade volume of foreign currency market in the whole year amounted to 868.2 billion U.S. dollars, an increase of 43.5%.
Internet Bank Business
Self-help equipments have had increasingly large input, and the self-help bank networks have been expanded rapidly. By the end of 2007, ICBC has got 4890 self-help bank center, 23,420 ATMs, with the trading volume of ATMs amounting to 1,069.6 billion yuan, an increase of 71.0%.
Nationwide 24-hour Service Hotline：95588
24-hour VIP Service Hotline：400-66-95588 (Only for customers holding Elite Club Card or Platinum Card in Beijing Area)
Address of head office:
No.55 Fuxingmen Street, Xicheng District, Beijing, China
Post Code: 100140
Contact Info of Major Subsidiaries:
ADD:Tower B, Tianyin Mansion, No. 2, Fuxingmennan Street, Xicheng District, Beijing, China
ADD: No. 9 Pudong Avenue, Shanghai, China
ADD: No. 123 Yan Jiang Xi Road, Guangzhou, Guangdong Province, China
ADD: No. 150 Hezhong Road, Hangzhou City, Zhejiang Province, China
ADD: No. 408 Zhongshan Nan Road, Nanjing City, Jiangsu Province, China