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.
September 29, 2009, ICBC and Bangkok Bank PCL reached agreement on the sale and purchase of The Thailand ACL Bank PCL.
September 9, 2009, The first business organization in the country among the commercial banks dedicated to the buying and selling of precious metal including gold ——ICBC Precious Metal Department, was established in Shanghai.
July 30, 2009, ICBC (Macau) opened to business.
July 16-20, 2009, ICBC successfully issued RMB 40 billion of subordinated bond in the national interbank bond market to supplement its own subordinated capital.
July 3, 2009, ICBC Indonesia, on behalf of PT. INDOTRUCK UTAMA, opened a RMB time letter of credit involving an amount of RMB 0.372 million to an export enterprise in China. This L/C is the first RMB L/C in the world issued for a cross-border trade.
June 4, 2009, ICBC and Bank of East Asia reached agreement on the sale and purchase of The Bank of East Asia (Canada) and ICEA Finance Holdings Limited.
April 27, 2009, Ten ICBC grass-root employees, honorees of "Inspiring ICBC", were the featured guests at an award ceremony of the First "Inspiring ICBC" held in Beijing. The award program brought about the touching stories of the grass-root staff and was one important measure to establish the correct and appropriate corporate culture.
ICBC dethrones all the European, US and Japanese peers and becomes the world’s largest bank by customer deposit with a balance well over RMB 9.1 trillion as of March 31, 2009.
ICBC is the first enterprise in the country with more than RMB 10 trillion of total assets as of January 31, 2009.
In 2008, ICBC took Beijing Olympic as the catalyst to upgrade its financial service in channel construction, procedure rebuilding, production creation, and service management. The whole bank's working efficiency, service ability, service quality, and service level have been increased a lot. There was no accident and complaint in Olympic financial service. The bank has contributed to the successful holding of Beijing Olympics, and its perfect enterprise image has been shown further.
After Wenchuan Earthquake on May 12, 2008, ICBC's response was prompt. While its branches in the disaster areas were busy with self-help and resuming the operation, ICBC took part in the whole financial support for the earthquake relief and aftermath rebuilding. It took its responsibility of a large bank. The branches of ICBC and their staff have donated RMB 141 million (including RMB 88.69 million donated by its domestic and overseas staff), and RMB 53.05 million special party membership dues, so that ICBC became the financial institution which donated the most.
Jan 28, 2008, The purchase of Seng Heng Bank, Macao finished, ICBC holds 79.9333% shares of Seng Heng Bank, and becomes its controlling shareholder.
Oct. 31, 2008, The 4th generation application system construction started, ICBC would finish the research and promotion of this system in three years. It would help ICBC make information technology as its core competitive power.
Oct. 20, 2008, Tibet Branch opened.
Sep. 23, 2008, Sydney Branch opened; October 15, New York Branch opened; October 20, ICBC (Middle East) opened; October 21, Doha Branch opened. The successful open of above overseas branches have enhanced ICBC's international network. It is an important milestone for ICBC's internationalization strategy.
Jun. 11, 2008, ICBC published The Announcement in Relation to the Grant of Approval for the Establishment of a Wholly-owned Investment Bank in Hongkong, a company named as ICBC International Holdings Limited, which has been licensed.
Mar. 3, 2008, ICBC and Standard Bank, South Africa finished the share and cash deals. ICBC holds 20% of its shares, and becomes its main sole shareholder. It is the most significant single overseas investment, and also the largest foreign direct investment for South Africa.
Jan. 28, 2008, The purchase of Seng Heng Bank, Macao finished, ICBC holds 79.9333% shares of Seng Heng Bank, and becomes its controlling shareholder.
Nov. 28, 2007, ICBC Financial Leasing Co., Ltd. was registered in Binhai New District, Tianjin.
Nov. 7, 2007, ICBC Moscow Co., Ltd. (ICBC Moscow) successfully debuted, which signs that ICBC has formally entered into Russian Market.
Sep. 28, 2007, ICBC successfully completed the legal procedure of the settlement of 90% of total shares of Halim Bank and formally became the controlling shareholder of the bank, which also signs the establishment of ICBC's Indonesian subordinate.
Jan. 27, 2006. 2006, ICBC entered Strategic Investment and Cooperation Agreement with three overseas strategic investors: Goldman Sachs, Allianz Group and American Express. USD 3.782 billion investment was secured.
Oct. 28, 2005. 2005, Incorporation Conference of Industrial and Commercial Bank of China Limited was held in Beijing. Seen in unveiling of the company plaque were Mr. Zhou Xiaochuan, President of Peoples' Bank of China and Mr. Jiang Jianqing, Chairman of ICBC Limited.
Oct. 26, 2005. Mr. Wangju, Member of CCP and Deputy Prime Minister, visited ICBC Limited and send his warmest regards to ICBC management.
Oct. 25, 2005. Incorporation Conference of Industrial and Commercial Bank of China Limited and First Shareholders' Meeting were held in Beijing.
Apr. 2005. Under State Council Approval, ICBC started shareholding reform aiming at putting modern equity system and corporate governance into practices. Management of ICBC ushered into a new historic era.
Feb. 2004. ICBC formally invited PriucewaterhouseCoopers to make a whole plan for its corporate governance system and over-all risk management reform in 8 years.
Feb. 2003. ICBC signed Agreement with Microsoft (China) in Beijing in the co-operation of Personal Internet Banking security and other aspects. On December 18, ICBC launched its new personal Internet banking product "Banking@home".
Jan. 2002. First time to invite Anyong Accounting Firm to perform external audit on Shanghai and Zhejiang Branches, which lead the way in domestic commercial banks. ICBC formulated and announced ICBC Management Practices of 5-grade Credit Assets Quality Classification.
Apr. 2001. ICBC started the biggest business operation check project of regulations and rules in the whole bank since its foundation.
Oct. 2000. Corporate sub-system of ICBC Comprehensive Business System (CB2000) successfully put into production in 6 Branches, including Beijing, Shanghai, Zhejiang (Hangzhou, Jiaxing), Shandong, Fujian and Guangdong.
Sep. 1999. Data Consolidation project commenced. October 2002, ICBC completed two international advanced Data Processing Centers in the North and South to centralize all business data in the whole Bank.
Feb. 1998. ICBC jointly acquired with HK Bank of East Asia to establish ICBC-BEA Finance Shareholding Co. Ltd with 75% of interest; April 2000, ICBC acquired Union Bank, a listed bank in Hong Kong and changed the name to ICBC (Asia) Co Ltd, or ICBC (Asia) in short.
Dec. 1997. www.icbc.com.cn web site established. September 1999, ICBC launched "95588" telephone banking services nationwide. February and August 2000, ICBC opened Corporate Internet Banking and Personal Internet Banking services respectively.
Jan. 1996. Legal Representative Mandate System formally carried out under ICBC Notice 7 (1996) ICBC Notice in implementing Legal Representative Mandate System.
Nov. 1995. ICBC opened representative office in London, which is the ICBC first institutional in Europe.
Jan. 1994. General Secretary of the CPC Central Committee Jiang Zemin, prime minister of the State Council Li Peng wrote an inscription to celebrate the 10 anniversary of ICBC foundation.
Nov. 1993. ICBC savings deposit balance made a breakthrough to 500 billion Yuan.
Mar. 1992. ICBC first overseas subsidiary opened in Singapore.
Oct. 1991. The Euromoney Journal ranked 500 big banks in the world according to their capital. ICBC was the Number 8. If according to the capital profit rate and net profit, ICBC ranked No.1.
Oct. 1990. ICBC nationwide computer network system formally put into use, the connected cities reached 91.
Oct. 1989. ICBC issued Peony Quasi Credit Card for the first time. "Peony Card" soon became a famous bankcard brand among the counterparts. May 2002, Peony Card Center established, which was the first professional bankcard business organization in China.
May. 1988. ICBC hosted the 3rd International Research Conference of Savings banks.
Nov. 1987. ICBC established operation system with the city branches as basic operation check unit, and made "target operation responsibility system" test in Shenyang and Guangzhou.
Jul. 1986. ICBC launched president responsibility system instead of director of board.
Jun. 1985. ICBC became a formal member of International Savings Banks Institute.
Jan. 1984. ICBC officially established, registered capital is 20.8 billion Yuan, total assets is 333.3 billion Yuan.