ICBC Industrial & Commercial Bank of China Ltd

Type: Company
Name: ICBC Industrial & Commercial Bank of China Ltd (Industrial & Commercial Bank of China Limited)
First reported 53 mins ago - Updated 53 mins ago - 1 reports

ICBC manages CNY 1.7 trillion in cross-border settlements in Q1 2014

Industrial and Commercial Bank of China (ICBC) has announced that total cross-border transactions processed by the bank in Q1 2014 reached CNY 1.7 trillion, up by over 70% year-over-year, thestandard.com reports.ICBC has also disclosed that processed ... [Published Paypers - 53 mins ago]
First reported 2 hours ago - Updated 2 hours ago - 1 reports

Moody's downgrades Standard Bank Plc's deposit ratings

At the same time, Moody's extended the review of SBP's ratings, which has been uncertain since February 2014, in view of SBG’s still pending sale of its majority stake in SBP to Industrial & Commercial Bank of China Ltd. The sale was announced 29 January ... [Published CPI Financial - 2 hours ago]
First reported 8 hours ago - Updated 7 hours ago - 3 reports

China : ICBC Cooperates with FAW-Volkswagen on Car Purchase by Credit Card Installment

Recently, ICBC has officially partnered with FAW-Volkswagen on car purchase by credit card installment nationwide. Customers using ICBC credit cards to buy FAW-Volkswagen and Audi cars can enjoy the favoured policy of zero bank commission fees for up ... [Published Wall Street Business Network - 7 hours ago]
First reported 8 hours ago - Updated 7 hours ago - 2 reports

China : ICBC Launches ICBC VISA YOG Souvenir Cards & Love (I) Sports Credit Cards

As the exclusive banking partner of Nanjing 2014 Youth Olympic Games ("YOG"), ICBC has worked with VISA to officially launch ICBC VISA YOG Souvenir Cards & Love (I) Sports Credit Cards on August 8, or the National Fitness Day, only 8 days away from the ... [Published Wall Street Business Network - 7 hours ago]
First reported 7 hours ago - Updated 7 hours ago - 1 reports

China : ICBC Completes the First Batch of RMB/Foreign Exchange Put Option Transactions for Corporate Clients

ICBC has recently completed RMB/foreign exchange put option transactions for multiple corporate clients, becoming one of the first commercial banks in China offering such business. RMB/foreign exchange options trading means RMB/foreign exchange option ... [Published Wall Street Business Network - 7 hours ago]
First reported 13 hours ago - Updated 11 hours ago - 2 reports

ICBC deal shows IBM still engaged in China

Line of dutyPatriarch of Japanese conglomerate goes globetrotting in pursuit of regional friendship and cooperation.Urban visionarySein-Way Tan is a modest man with a global ambition — to make cities environmentally sustainable and economically vibra ... [Published China Daily Asia - 11 hours ago]
First reported Aug 26 2014 - Updated 19 hours ago - 5 reports

ICBC Deal Shows U.S. Tech Giant IBM Still Engaged In China

ByIndustrial and Commercial Bank of China (ICBC) has deployed a new IBM mainframe computer system, the two companies said on Tuesday, boosting the U.S. technology giant's credentials in the country.Page: 1Source:Wochit.All Rights Reserved ... [Published The US Daily - 19 hours ago]
First reported Aug 25 2014 - Updated Aug 25 2014 - 1 reports

World Business Quick Take

MACROECONOMICSEconomists back Fed tacticsA majority of economists believe the Federal Reserve is doing the right things to help repair the US economy, according to a survey released yesterday by the US National Association of Business Economists. The ... [Published Taipei Times Online - Aug 25 2014]
First reported Aug 25 2014 - Updated Aug 25 2014 - 2 reports

Major Chinese Bank Deploys IBM Mainframe for Continuous Uptime

The Industrial and Commercial Bank of China (ICBC) has tapped IBM's Active-Active mainframe technology for continuous availability and disaster recovery.IBM announced that the Industrial and Commercial Bank of China (ICBC) is using its novel System z ... [Published eWeek - Aug 25 2014]
First reported Aug 25 2014 - Updated Aug 25 2014 - 2 reports

ICBC handles 70 pct more cross-border RMB settlements in H1

Industrial and Commercial Bank of China Ltd. (ICBC) reported total cross-border renminbi transactions handled by the bank amounted to 1.7 trillion yuan (276 billion U.S. dollars) in the first half of 2014, jumping more than 70 percent from a year earlier. ... [Published Individual.com - Aug 25 2014]
First reported Aug 25 2014 - Updated Aug 25 2014 - 1 reports

ICBC unveils new credit card in China

ICBC has recently introduced ICBC Global Travel All-currency Chip Credit Card in China.Regardless of any local currency, customers consuming abroad with this credit card may unconditionally enjoy exemption of currency conversion fee.Relevant head of ICBC ... [Published Banking Business Review - Aug 25 2014]
First reported Aug 25 2014 - Updated Aug 25 2014 - 1 reports

Industrial and Coml Bank of China : ICBC Seeks for Loans from Middle East

BEIJING , August 25 , SinoCast -- Foreign media said that ICBC Financial Leasing Co., Ltd. under Industrial and Commercial Bank of China Limited (ICBC, SEHK: 1398, and SHSE: 601398) has invited Emirates NBD and SBI to arrange USD 300 million loans, whose ... [Published 4 Traders - Aug 25 2014]

Quotes

"Asset quality of a bank is closely related to the economic environment. With China's economy starting to pick up gradually, our bank's asset quality will also rise steadily" Tian said
Lin Xiaoxuan, CTO, ICBC, says: "IBM mainframes have consistently helped us keep our IT systems steady and safe and will continue to do so in the future."
...time each new model of the IBM mainframe has played an important role in all of our IT operations," said Lin Xiaoxuan, CIO of ICBC, in a statement. "The IBM mainframe has and will continue to help ensure the smooth and secure operations of our information systems." Xiaoxuan said ICBC's data center in Shanghai is responsible for providing IT services to global branches in more than 40 countries and regions across...

More Content

All (419) | News (349) | Reports (0) | Blogs (57) | Audio/Video (2) | Fact Sheets (11) | Press Releases (0)
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ICBC manages CNY 1.7 trillion in cross-border s... [Published Paypers - 53 mins ago]
Moody's downgrades Standard Bank Plc's deposit ... [Published CPI Financial - 2 hours ago]
Roundup: Hong Kong stocks close 0.62 pct lower [Published Individual.com - 3 hours ago]
China : ICBC Completes the First Batch of RMB/F... [Published Wall Street Business Network - 7 hours ago]
China : ICBC Launches ICBC VISA YOG Souvenir Ca... [Published Wall Street Business Network - 7 hours ago]
China : ICBC Cooperates with FAW-Volkswagen on ... [Published Wall Street Business Network - 7 hours ago]
China : ICBC Launches Global Travel All-currenc... [Published Wall Street Business Network - 7 hours ago]
China : ICBC Cooperates with FAW-Volkswagen on ... [Published HispanicBusiness.com - 8 hours ago]
China : ICBC Launches ICBC VISA YOG Souvenir Ca... [Published HispanicBusiness.com - 8 hours ago]
ICBC deal shows IBM still engaged in China [Published China Daily Asia - 11 hours ago]
ABC posts disappointing first-half results [Published CHINAdaily - 11 hours ago]
China's ICBC chooses IBM for disaster recovery [Published Finextra Research - 13 hours ago]
China Orient sells $1b dual-tranche bond [Published Finance Asia - 18 hours ago]
ICBC Deal Shows U.S. Tech Giant IBM Still Engag... [Published The US Daily - 19 hours ago]
ICBC Deal Shows U.S. Tech Giant IBM Still Engag... [Published American Banking News - Forex - 22 hours ago]
Kerui Makes Inroads into the Market of Large GT... [Published Newswit.com - Aug 26 2014]
Deals - 27 August 2014 [Published In House Community - Aug 26 2014]
ICBC deal shows U.S. tech giant IBM still engag... [Published Reuters: Technology News - Aug 26 2014]
Charm Announces Extraordinary General Meeting o... [Published ITbriefing - Aug 26 2014]
Business Machines : ICBC Adopts IBM Mainframe T... [Published 4 Traders - Aug 26 2014]
ICBC, IBM deal shows US tech giant still engage... [Published Yahoo! Malaysia - Aug 26 2014]
Hong Kong stocks close 0.37 pct lower [Published Individual.com - Aug 26 2014]
World Business Quick Take [Published Taipei Times Online - Aug 25 2014]
Major Chinese Bank Deploys IBM Mainframe for Co... [Published eWeek - Aug 25 2014]
Hybrid Highway: Hailing the Future [Published Driving.ca - Aug 25 2014]
ICBC handles 70 pct more cross-border RMB settl... [Published Individual.com - Aug 25 2014]
ICBC unveils new credit card in China [Published Banking Business Review - Aug 25 2014]
Frontrunning: August 25 [Published Zero Hedge - Aug 25 2014]
ICBC (601398.SH) H1 cross-border RMB business s... [Published Individual.com - Aug 25 2014]
Industrial and Coml Bank of China : ICBC Seeks ... [Published 4 Traders - Aug 25 2014]
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Blogs

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Frontrunning: August 25 [Published Zero Hedge - Aug 25 2014]
Jackson Hole Theme: Labor Markets Can’t Take Higher Rates ( BBG ), or anything else for that matter Kidnappers free American missing in Syria since 2012 ( Reuters ) More unpatriots: Burger King in merger talks with Canada's Tim Hortons ( Reuters ) California ...
Frontrunning: August 18 [Published Zero Hedge - Aug 18 2014]
Yellen Dashboard Warning Light Glows as Millions Work Part Time ( BBG ) More US drones boosting global GDP: Unidentified war planes, explosions heard in Libyan capital ( Reuters ) London Home Asking Prices Plunge Most in More Than Six Years ( BBG ) No ...
Why Investors Are Furiously Protesting Outside ... [Published WSJ.com: China Real Time Report - Aug 13 2014]
“Swindler ICBC, pay back our blood and sweat money!” That’s what Chinese protesters earlier this week had to say. ...
Chinese banks get serious about risk of bad deb... [Published Clusterstock - Aug 07 2014]
By Engen Tham SHANGHAI (Reuters) - Chinese banks are scrambling to get on top of bad debts they have downplayed for years, cutting off riskier borrowers, further tightening lending terms and, in one case, deploying teams of investigators to assess ...
Frontrunning: August 5 [Published Zero Hedge - Aug 05 2014]
Second Ebola patient to arrive in U.S. on Tuesday ( Reuters ) Ebola Drug Made From Tobacco Plant Saves U.S. Aid Workers ( BBG ) Egypt plans to dig new Suez Canal costing $4 billion ( Reuters ) Apple Buybacks Pay Most Ever as CEOs Spend $211 Billion ( ...
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Audio/Video

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Asia Day Ahead: Brace for Samsung disappointment [Published Reuters Video: Business - Apr 28 2014]
Asia Day Ahead: Earnings roll on in China, Taiwan [Published Reuters Video: Business - Mar 26 2014]
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