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ICBC Memorabilia

December 16, 2009, The Central Bank of United Arab Emirates (UAE) officially approved and issued a wholesale banking license to ICBC to set up a branch in Abu Dhabi, a new ICBC branch in the Middle East for ICBC to spread its wings in the region.

December 10, 2009, The State Bank of Vietnam issued the financial business license to ICBC Hanoi Branch, the first license issued to a foreign bank this year. This is also the first time that the Vietnam Government approves a Chinese bank to set up branch in Hanoi. It reflects that ICBC's strength has been respected by Vietnam's government and regulatory authority.

On December 6, 2009, Zhejiang Pinghu ICBC Village Bank set its stone in Pinghu, Zhejiang. On December 29, Chonqging Bishan ICBC Village Bank opened to business in Bishan, Chongqing. The two new village banks represent one ICBC measure to embrace the State policy of supporting the agricultural sector.

November 20, 2009, Industrial and Commercial Bank of China Limited received the business license for "ICBC Malaysia Company Limited" from Bank Negara Malaysia. This represents another breakthrough in ICBC international strategy.

November 13, 2009, ICBC was named one of the "Ten Green Enterprises of China" at The 2nd China International Forum on Green Development. ICBC is the first bank in the country to embrace "Green Credit" policy. Releasing of loans to companies strictly based on "one-vote veto system".

October 27, 2009, as 236 billion of restricted shares held by initial shareholders released to the market since floatation three years ago, ICBC becomes the No.1 A-share quoted company and the largest bank in the world by market capitalization.

 

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