July 30, 2014 6:52 PM ET

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, credit cards, 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, and FX and spot gold margin trading services; insurance agency services; remittance services; payment services; and private banking ser...

ICBC Tower

33rd Floor

3 Garden Road

Central,  

Hong Kong

Founded in 1964

2,317 Employees

Phone:

852 2588 1188

Fax:

852 2805 1166

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

Chairman
Age: 55
Deputy Chief Executive
Age: 51
Deputy Chief Executive
Age: 40
Alternate Chief Executive
Age: 47
Deputy Chief Executive
Age: 56
Compensation as of Fiscal Year 2014.

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

Industrial and Commercial Bank of China (Asia) Limited Announces Earnings Results for the Year Ended December 31, 2013

Industrial and Commercial Bank of China Asia Limited announced earnings results for the year ended December 31, 2013. For the year, the company reported that profit attributable to equity holders was HKD 5.26 billion, compared HKD 4.01 billion for the year ended December 31, 2012. Net interest income was HKD 6.95 billion, compared to HKD 5.73 billion for the year ended December 31, 2012. Operating income was HKD 8.82 billion, compared to HKD 7.45 billion for the year ended December 31, 2012. Profit before tax was HKD 6.31 billion, compared to HKD 5.01 billion for the year ended December 31, 2012.

Industrial and Commercial Bank of China Asia Limited Launches Electronic Bill Presentment and Payment Platform

Industrial and Commercial Bank of China Asia Limited, or ICBC Asia launched one-stop electronic bill presentment and payment platform. The new platform supports billing and receiving payments in HKD, USD and Renminbi, with listing out payment deadlines. Personal banking customers can make payments through the Bank's internet banking either on the same day or on the scheduled payment dates, and the payment amount can also be credited on the same day, allowing customers to make payments on time while merchants can receive payments faster, which can make benefits to both personal and commercial customers. The service covers a variety of payments, such as credit card fees, educational expenses and donations, etc. The Bank's new high-quality electronic bill presentment and payment service are integrated in one single platform, which enable personal banking customers to register, view, receive and pay bills anytime and anywhere via the Bank's internet banking, achieving a more effective management of all bills and on-time payments without any geographical constraints.

Industrial and Commercial Bank of China (Asia) Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2013

Industrial and Commercial Bank of China (Asia) Limited announced unaudited consolidated earnings results for the six months ended June 30, 2013. For the period, net interest income was HKD 3,298,160,000, operating income was HKD 4,270,791,000, operating profit was HKD 3,071,266,000, profit before tax was HKD 3,081,838,000 and profit for the period and attributable to equity holders of the Bank was HKD 2,446,323,000 or HKD 1.18 per basic and diluted share against net interest income of HKD 2,706,828,000, operating income of HKD 3,456,541,000, operating profit of HKD 2,497,736,000, profit before tax was HKD 2,506,604,000 and profit for the period and attributable to equity holders of the Bank of HKD 1,983,603,000 or HKD 1.15 per basic and diluted share for the same period a year ago.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Industrial and Commercial Bank of China (Asia) Limited, please visit www.icbcasia.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.