# IND & COMM BK OF CHINA

Summary updated: 2026-10-02T10:41:46.809777Z
Canonical: https://finbar.com/research/companies/ind-comm-bk-of-china

## Overview

Industrial and Commercial Bank of China Limited (ICBC) is a commercial banking and financial-services group serving corporate and individual customers. Its principal businesses include corporate and personal banking, asset management, financial markets, and financial technology and internet finance. The bank’s stated mission is “Excellence for You,” encompassing client service, shareholder returns, employee success and contribution to society; its vision is to build a world-class modern financial institution with Chinese characteristics. [1](https://app.finbar.com/go?id=P134712518)[2](https://app.finbar.com/go?id=P134712512)[3](https://app.finbar.com/go?id=P134712513)[4](https://app.finbar.com/go?id=P134712514)

Established in 1984, ICBC has a substantial domestic business and an international network. At the end of 2025, it reported 410 overseas institutions across Hong Kong and Macao, Asia-Pacific, Europe and the Americas, as well as a representative office in Africa. [5](https://app.finbar.com/go?id=P134713160)[6](https://app.finbar.com/go?id=T15403207)[7](https://www.icbc-ltd.com/en/column/1438058326864052245.html)

For 2025, ICBC reported total assets of RMB53.478 trillion and operating income of RMB801.395 billion. Its 2025 Annual Report is the latest full-year report identified; 2026 first-half materials are also available. [8](https://www.icbc-ltd.com/en/column/1438058343653851143.html)[9](https://www.icbc-ltd.com/en/page/1220435982957096960.html)
[1](https://app.finbar.com/go?id=P134712518)[2](https://app.finbar.com/go?id=P134712512)[3](https://app.finbar.com/go?id=P134712513)[4](https://app.finbar.com/go?id=P134712514)[5](https://app.finbar.com/go?id=P134713160)[6](https://app.finbar.com/go?id=T15403207)[7](https://www.icbc-ltd.com/en/column/1438058326864052245.html)[8](https://www.icbc-ltd.com/en/column/1438058343653851143.html)[9](https://www.icbc-ltd.com/en/page/1220435982957096960.html)

## Products & services

ICBC offers targeted financing products including R&D loans, Innovation Points Loan and Disruptive Technological Innovation Loan for technology businesses. Its green-finance offerings include comprehensive services for industrial parks, electricity-carbon-linked loans and carbon-emissions-reduction-linked bonds. For small businesses and rural customers, named products include Quick Lending for Operation, Online Revolving Loan and Digital Supply Chain. [10](https://app.finbar.com/go?id=P134712913)

The bank’s pension offerings include the ICBC Pension Finance brand, the Ruyi Life retirement solution and the ICBC Aixiangban service brand for older customers. Its digital capabilities include ICBC Zhiyong, a financial large language model described as having hundreds of billions of parameters, and personal mobile banking. In cross-border finance, ICBC Global Pay provides payment access in 44 countries and regions; its RMB Comprehensive Financial Solutions cover cross-border RMB settlement, investment and financing, and risk management. [10](https://app.finbar.com/go?id=P134712913)[11](https://app.finbar.com/go?id=P139888131)[12](https://app.finbar.com/go?id=P139888014)[13](https://app.finbar.com/go?id=P160975647)

Disclosures report usage, lending balances and transaction volumes rather than revenue shares for the named products; no individual product revenue percentage is specified in the cited product disclosures. [10](https://app.finbar.com/go?id=P134712913)[12](https://app.finbar.com/go?id=P139888014)[13](https://app.finbar.com/go?id=P160975647)
[10](https://app.finbar.com/go?id=P134712913)[11](https://app.finbar.com/go?id=P139888131)[12](https://app.finbar.com/go?id=P139888014)[13](https://app.finbar.com/go?id=P160975647)

## Geographic presence

ICBC’s domestic operations are reported across seven regions: Head Office, Yangtze River Delta, Pearl River Delta, Bohai Rim, Central China, Western China and Northeastern China, alongside an “Overseas and others” segment. In FY2025, these segments contributed 6.2%, 18.7%, 12.2%, 21.0%, 13.4%, 15.0%, 3.5% and 10.1%, respectively, of group operating income. For the first half of 2026, the corresponding shares were 8.1%, 18.6%, 11.5%, 20.5%, 12.9%, 14.1%, 3.1% and 11.2%. [14](https://app.finbar.com/go?id=T15403368)[15](https://app.finbar.com/go?id=T18716568)

At June 30, 2026, ICBC had 398 overseas institutions in 49 countries and regions, including 241 institutions in 32 Belt and Road Initiative countries. Its international footprint spans six continents; it also has indirect presence in multiple African markets through Standard Bank Group, which operates in 21 African countries. [16](https://app.finbar.com/go?id=P160975649) At year-end 2025, the overseas network was reported as 410 institutions: 105 in Hong Kong and Macao, 87 elsewhere in Asia-Pacific, 64 in Europe, 153 in the Americas and one African representative office. [6](https://app.finbar.com/go?id=T15403207) Named locations include offices and branches across Asia-Pacific, Europe and the Americas, including Tokyo, Singapore, Mumbai, Sydney, Frankfurt, Paris, New York, Toronto, Mexico City and São Paulo. [17](https://app.finbar.com/go?id=P134713170)[18](https://app.finbar.com/go?id=P134713171)[19](https://app.finbar.com/go?id=P134713179)[20](https://app.finbar.com/go?id=P134713173)
[14](https://app.finbar.com/go?id=T15403368)[15](https://app.finbar.com/go?id=T18716568)[16](https://app.finbar.com/go?id=P160975649)[6](https://app.finbar.com/go?id=T15403207)[17](https://app.finbar.com/go?id=P134713170)[18](https://app.finbar.com/go?id=P134713171)[19](https://app.finbar.com/go?id=P134713179)[20](https://app.finbar.com/go?id=P134713173)

## Business segments

ICBC’s 2025 annual report identifies three operating segments: corporate banking, which serves corporations, government agencies and financial institutions; personal banking, which provides financial products and services to individuals; and treasury operations, covering money-market and investment activities, foreign exchange and derivatives. [21](https://app.finbar.com/go?id=P134715312)[22](https://app.finbar.com/go?id=P134715314)[23](https://app.finbar.com/go?id=P134715316)[24](https://app.finbar.com/go?id=P134715318)

By 2025 operating income, corporate banking contributed RMB399,836 million (approximately 49.9% of the RMB801,395 million total), personal banking RMB311,560 million (38.9%), and treasury operations RMB87,893 million (11.0%). The report also shows “Others” at RMB2,106 million (about 0.3%), comprising items not directly attributable or reasonably allocable to a segment; it is not listed among the three operating segments. [25](https://app.finbar.com/go?id=P134715320)
[21](https://app.finbar.com/go?id=P134715312)[22](https://app.finbar.com/go?id=P134715314)[23](https://app.finbar.com/go?id=P134715316)[24](https://app.finbar.com/go?id=P134715318)[26](https://app.finbar.com/go?id=T15403364)[26](https://app.finbar.com/go?id=T15403364)[26](https://app.finbar.com/go?id=T15403364)[26](https://app.finbar.com/go?id=T15403364)[26](https://app.finbar.com/go?id=T15403364)[25](https://app.finbar.com/go?id=P134715320)

## Company history

Industrial and Commercial Bank of China (ICBC) was established on 1 January 1984, after China’s State Council decided to separate the People’s Bank of China’s central-bank functions from industrial and commercial credit and savings activities. [27](https://www.icbc-ltd.com/en/column/1438058326864052270.html) It began expanding internationally in 1992, opening a representative office in Singapore that became a branch in 1993. [28](https://www.icbc-ltd.com/icbc/en/newsupdates/icbc%20news/ICBC%20Continued%20to%20Expand%20Overseas.htm)

In 2000, ICBC acquired Union Bank of Hong Kong, later renamed ICBC (Asia), and transferred major Hong Kong-branch operations to it in 2001. [29](https://www.icbcltd.com/icbcltd/investor%20relations/financial%20information/financial%20reports/annual%20report%202001.htm) ICBC completed a shareholding reform and became a joint-stock limited company on 28 October 2005; it listed in Shanghai and Hong Kong on 27 October 2006. [30](https://app.finbar.com/go?id=P134714299) [31](https://www.icbcltd.com/icbcltd/about%20us/news/ICBC%20Shareholding%20Restructuring%20Plan%20Approved.htm) [32](https://www.icbcltd.com/icbcltd/about%20us/news/ICBC%20Celebrates%20its%20Successful%20Listing%20both%20in%20Shanghai%20and%20Hong%20Kong.htm)

From 2007 onward, ICBC expanded through acquisitions and investments in multiple markets. It completed the acquisition of a controlling stake in Indonesia’s Bank Halim in 2007, acquired a 20% stake in South Africa’s Standard Bank in 2008, and combined its Macau branch with Seng Heng Bank to form ICBC (Macau) in 2009. [33](https://www.icbc-ltd.com/icbcltd/about%20us/news/pt%20bank%20icbc%20indonesia%20relaunches%20business.htm) [34](https://www.icbc-ltd.com/icbcltd/about%20us/news/icbc%20completes%20the%20purchase%20of%2020%20equities%20of%20standard%20bank%20group%20ltd.htm) [35](https://www.icbc-ltd.com/icbcltd/about%20us/news/ICBC%20Macau%20Established%20by%20Merging%20Its%20Banking%20Institutions.htm) In 2010 it acquired approximately 97.24% of Thailand’s ACL Bank; in 2012 it completed an 80% acquisition of Bank of East Asia (U.S.A.), and in 2013 its acquired Argentine bank was renamed ICBC Argentina. [36](https://www.icbc-ltd.com/icbcltd/about%20us/news/ICBC%20Concludes%20the%20Voluntary%20Tender%20Offer%20for%20Thailand%20ACL%20Bank%20Shares.htm) [37](https://www.icbc-ltd.com/icbcltd/about%20us/news/ICBC%20and%20BEA%20Conclude%20the%20Sale%20and%20Purchase%20of%20The%20Bank%20of%20East%20Asia%20%28U.S.A.%29.htm) [38](https://www.icbc-ltd.com/ICBC/EN/PersonalFinance/CrossborderFinancialServices/OverseasFinancialService/ICBCArgentina/)
[30](https://app.finbar.com/go?id=P134714299)[27](https://www.icbc-ltd.com/en/column/1438058326864052270.html)[28](https://www.icbc-ltd.com/icbc/en/newsupdates/icbc%20news/ICBC%20Continued%20to%20Expand%20Overseas.htm)[29](https://www.icbcltd.com/icbcltd/investor%20relations/financial%20information/financial%20reports/annual%20report%202001.htm)[31](https://www.icbcltd.com/icbcltd/about%20us/news/ICBC%20Shareholding%20Restructuring%20Plan%20Approved.htm)[32](https://www.icbcltd.com/icbcltd/about%20us/news/ICBC%20Celebrates%20its%20Successful%20Listing%20both%20in%20Shanghai%20and%20Hong%20Kong.htm)[33](https://www.icbc-ltd.com/icbcltd/about%20us/news/pt%20bank%20icbc%20indonesia%20relaunches%20business.htm)[34](https://www.icbc-ltd.com/icbcltd/about%20us/news/icbc%20completes%20the%20purchase%20of%2020%20equities%20of%20standard%20bank%20group%20ltd.htm)[35](https://www.icbc-ltd.com/icbcltd/about%20us/news/ICBC%20Macau%20Established%20by%20Merging%20Its%20Banking%20Institutions.htm)[36](https://www.icbc-ltd.com/icbcltd/about%20us/news/ICBC%20Concludes%20the%20Voluntary%20Tender%20Offer%20for%20Thailand%20ACL%20Bank%20Shares.htm)[37](https://www.icbc-ltd.com/icbcltd/about%20us/news/ICBC%20and%20BEA%20Conclude%20the%20Sale%20and%20Purchase%20of%20The%20Bank%20of%20East%20Asia%20%28U.S.A.%29.htm)[38](https://www.icbc-ltd.com/ICBC/EN/PersonalFinance/CrossborderFinancialServices/OverseasFinancialService/ICBCArgentina/)

## Sources

1. [IND & COMM BK OF CHINA — Full financial report (2025 Y), p5](https://app.finbar.com/go?id=P134712518)
2. [IND & COMM BK OF CHINA — Full financial report (2025 Y), p4](https://app.finbar.com/go?id=P134712512)
3. [IND & COMM BK OF CHINA — Full financial report (2025 Y), p4](https://app.finbar.com/go?id=P134712513)
4. [IND & COMM BK OF CHINA — Full financial report (2025 Y), p4](https://app.finbar.com/go?id=P134712514)
5. [IND & COMM BK OF CHINA — Full financial report (2025 Y), p62](https://app.finbar.com/go?id=P134713160)
6. [IND & COMM BK OF CHINA — Full financial report (2025 Y), p62](https://app.finbar.com/go?id=T15403207)
7. [www.icbc-ltd.com](https://www.icbc-ltd.com/en/column/1438058326864052245.html)
8. [www.icbc-ltd.com](https://www.icbc-ltd.com/en/column/1438058343653851143.html)
9. [www.icbc-ltd.com](https://www.icbc-ltd.com/en/page/1220435982957096960.html)
10. [IND & COMM BK OF CHINA — Full financial report (2025 Y), p37](https://app.finbar.com/go?id=P134712913)
11. [IND & COMM BK OF CHINA — Presentation (2025 Y), p18](https://app.finbar.com/go?id=P139888131)
12. [IND & COMM BK OF CHINA — Presentation (2025 Y), p14](https://app.finbar.com/go?id=P139888014)
13. [IND & COMM BK OF CHINA — Press release (2026 H 1), p56](https://app.finbar.com/go?id=P160975647)
14. [IND & COMM BK OF CHINA — Full financial report (2025 Y), p251](https://app.finbar.com/go?id=T15403368)
15. [IND & COMM BK OF CHINA — Press release (2026 H 1), p175](https://app.finbar.com/go?id=T18716568)
16. [IND & COMM BK OF CHINA — Press release (2026 H 1), p57](https://app.finbar.com/go?id=P160975649)
17. [IND & COMM BK OF CHINA — Full financial report (2025 Y), p63](https://app.finbar.com/go?id=P134713170)
18. [IND & COMM BK OF CHINA — Full financial report (2025 Y), p63](https://app.finbar.com/go?id=P134713171)
19. [IND & COMM BK OF CHINA — Full financial report (2025 Y), p63](https://app.finbar.com/go?id=P134713179)
20. [IND & COMM BK OF CHINA — Full financial report (2025 Y), p63](https://app.finbar.com/go?id=P134713173)
21. [IND & COMM BK OF CHINA — Full financial report (2025 Y), p248](https://app.finbar.com/go?id=P134715312)
22. [IND & COMM BK OF CHINA — Full financial report (2025 Y), p248](https://app.finbar.com/go?id=P134715314)
23. [IND & COMM BK OF CHINA — Full financial report (2025 Y), p248](https://app.finbar.com/go?id=P134715316)
24. [IND & COMM BK OF CHINA — Full financial report (2025 Y), p248](https://app.finbar.com/go?id=P134715318)
25. [IND & COMM BK OF CHINA — Full financial report (2025 Y), p248](https://app.finbar.com/go?id=P134715320)
26. [IND & COMM BK OF CHINA — Full financial report (2025 Y), p249](https://app.finbar.com/go?id=T15403364)
27. [www.icbc-ltd.com](https://www.icbc-ltd.com/en/column/1438058326864052270.html)
28. [www.icbc-ltd.com](https://www.icbc-ltd.com/icbc/en/newsupdates/icbc%20news/ICBC%20Continued%20to%20Expand%20Overseas.htm)
29. [www.icbcltd.com](https://www.icbcltd.com/icbcltd/investor%20relations/financial%20information/financial%20reports/annual%20report%202001.htm)
30. [IND & COMM BK OF CHINA — Full financial report (2025 Y), p169](https://app.finbar.com/go?id=P134714299)
31. [www.icbcltd.com](https://www.icbcltd.com/icbcltd/about%20us/news/ICBC%20Shareholding%20Restructuring%20Plan%20Approved.htm)
32. [www.icbcltd.com](https://www.icbcltd.com/icbcltd/about%20us/news/ICBC%20Celebrates%20its%20Successful%20Listing%20both%20in%20Shanghai%20and%20Hong%20Kong.htm)
33. [www.icbc-ltd.com](https://www.icbc-ltd.com/icbcltd/about%20us/news/pt%20bank%20icbc%20indonesia%20relaunches%20business.htm)
34. [www.icbc-ltd.com](https://www.icbc-ltd.com/icbcltd/about%20us/news/icbc%20completes%20the%20purchase%20of%2020%20equities%20of%20standard%20bank%20group%20ltd.htm)
35. [www.icbc-ltd.com](https://www.icbc-ltd.com/icbcltd/about%20us/news/ICBC%20Macau%20Established%20by%20Merging%20Its%20Banking%20Institutions.htm)
36. [www.icbc-ltd.com](https://www.icbc-ltd.com/icbcltd/about%20us/news/ICBC%20Concludes%20the%20Voluntary%20Tender%20Offer%20for%20Thailand%20ACL%20Bank%20Shares.htm)
37. [www.icbc-ltd.com](https://www.icbc-ltd.com/icbcltd/about%20us/news/ICBC%20and%20BEA%20Conclude%20the%20Sale%20and%20Purchase%20of%20The%20Bank%20of%20East%20Asia%20%28U.S.A.%29.htm)
38. [www.icbc-ltd.com](https://www.icbc-ltd.com/ICBC/EN/PersonalFinance/CrossborderFinancialServices/OverseasFinancialService/ICBCArgentina/)

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