June 19, 2013 11:24 AM ET

Commercial Banks

Company Overview of Industrial and Commercial Bank of China (Asia) Limited

Company Overview

Industrial and Commercial Bank of China (Asia) Limited provides banking and financial services for corporate and individual customers. The company accepts demand, savings, time, call, and notice deposits, as well as offers current accounts, consumer lending products, mortgage loans, hire and purchase leasing products, and SME business loans. It also provides wealth management services; investment products and services, such as securities, investment funds, bond investment, investment savings plans, paper gold schemes, currency-linked contracts, foreign exchange derivatives products, and FX and spot gold margin trading services; insurance agency services; renminbi and remittance services; pay...

Detailed Description

ICBC Tower

33rd Floor

3 Garden Road

Central,  

Hong Kong

Founded in 1964

1,845 Employees

Phone:

852 2588 1188

Fax:

852 2805 1166

www.icbcasia.com

Key Executives for Industrial and Commercial Bank of China (Asia) Limited

Chairman
Age: 53
Chief Financial Officer
Age: 49
Chief Operation Officer
Age: 38
Chief Risk Officer
Age: 59
Alternate Chief Executive
Age: 45
Compensation as of Fiscal Year 2012.

Industrial and Commercial Bank of China (Asia) Limited Key Developments

Industrial and Commercial Bank of China (Asia) Limited Reports Consolidated Earnings Results for the Year Ended December 31, 2011

Industrial and Commercial Bank of China (Asia) Limited reported consolidated earnings results for the year ended December 31, 2011. For the period, net interest income was HKD 4,906.701 million, increased by 36.8% against HKD 3,587.343 million a year ago. Operating income was HKD 6,228.521 million against HKD 4,714.179 million a year ago. Operating profit was HKD 3,980.823 million against HKD 3,636.203 million a year ago. Profit before tax was HKD 4,001.504 million against HKD 3,654.013 million a year ago. Profit for the year and attributable to equity holders was HKD 3,152.883 million against HKD 3,003.216 million a year ago. Interest income was HKD 8,582 million against HKD 5,504.5 million reported last year.

Industrial and Commercial Bank of China (Asia) Limited Presents at Citi Asian Financial Conference 2011, Nov-11-2011

Industrial and Commercial Bank of China (Asia) Limited Presents at Citi Asian Financial Conference 2011, Nov-11-2011 . Venue: Conrad Hotel, Hong Kong. Speakers: Peter Leung, CFO.

ICBC Asia Opens Garden Personal Banking Centre

Industrial & Commercial Bank of China Asia Ltd. has opened City Garden Personal Banking Centre at Shop Unit 23, G/F, Maximall, City Garden, 233 Electric Road, North Point. The City Garden Personal Banking Centre has been renovated in line with the development of personal banking business as well as the need of customers. The City Garden Personal Banking Centre is now transformed from a branch to a wealth management service-based Personal Banking Centre. It not only provides 24-hour self services banking and investment corner but also features an Elite Club Wealth Management Centre to serve the privileged customers with total liquid assets of HKD 800,000 or above with personalized banking and investment services.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
April 8, 2013
OTC Clearing Hong Kong Limited
Private Placement
June 28, 2012
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