December 27, 2014 2:56 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

ICBC Asia Limited Announces Opening of Shatin Personal Banking Centre

ICBC Asia Limited announced the opening of Shatin Personal Banking Centre at Shop No.185, Level 3, Shatin Lucky Plaza, Shatin, New Territories, Hong Kong. The new opening of Shatin Personal Banking Centre further strengthens the Bank's branch network in Shatin district. To meet the increasing demand on banking services at Shatin and to provide customers better and more comprehensive cross-border banking services, the Bank sets up the new Personal Banking Centre at the Shatin Lucky Plaza, providing comfortable banking environment to customers. The Personal Banking Centre features Investment Services area, Securities Trading area, i-Banking Self Services area and the "Elite Club" Wealth Management Centre serving privileged customers with personalized and professional financial planning services.

Industrial and Commercial Bank of China (Asia) Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2014

Industrial and Commercial Bank of China (Asia) Limited announced unaudited consolidated earnings results for the six months ended June 30, 2014. For the period, net interest income was HKD 4,113,374,000, operating income was HKD 5,202,997,000, operating profit was HKD 3,712,101,000, profit before tax was HKD 3,722,908,000 and profit for the period and attributable to equity holders of the Bank was HKD 2,999,793,000 or HKD 1.45 per basic and diluted share against net interest income of HKD 3,284,814,000, operating income of HKD 4,270,791,000, operating profit of 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 of HKD 2,446,323,000 or HKD 1.18 per basic and diluted share for the same period a year ago. Net cash flows used in operating activities was HKD 8,541,442,000 compared to net cash flows from operating activities of HKD 5,127,477,000 in the same period last year. Return on average assets and return on average equity were 1.00% and 13.06% compared to 1.07% and 11.95% in the same period last year respectively.

Industrial and Commercial Bank of China (Asia) Limited, Board Meeting, Aug 26, 2014

Industrial and Commercial Bank of China (Asia) Limited, Board Meeting, Aug 26, 2014. Agenda: To consider dividend for the six months ended June 30, 2014.

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