In September 2008, the Industrial and Commercial Bank of China established its first operating institution in the United States – the New York Branch (the "Branch") – in order to promote the Bank's international development strategy. Relying on the dominant position of the parent bank and following a strategy of diversified operations for more than 10 years, the Branch has conducted business across the United States, providing financial products and services to customers in their local communities.

Under the supervision of the Federal Reserve Bank and the New York State Department of Financial Services, the Branch engages in wholesale banking businesses that include but are not limited to Corporate Deposit, Corporate Credit Facilities, Project Finance, Trade Finance, Clearing, and Treasury.

The Branch currently employs about 300 talented financial professionals. Serving as the Bank’s business enterprise in the United States, the Branch will faithfully serve its growing client base by providing best-in-class financial solutions. By doing so, the Branch will also contribute to the economic, technological, and cultural communications between China and the United States, holding close to its core mission statement: “Integrity Leads to Prosperity.”

(Note: Deposits with the Branch are not FDIC insured.)