Our Advantages
1. Scale economy bringing extraordinary advantages (data as of Dec 31, 2010, IFRS)
>>Largest commercial bank in China
No.1 in total assets:
RMB 13.4586tn
No. 1 in total loans:
RMB 6.7905tn
No. 1 in customer deposits:
RMB 11.1456tn
>>Strong distribution network
| Type |
Domestic physical branches |
Self-service
banks |
ATMs |
E-banking |
| Number |
16,227 |
11,414 |
42,868 |
E-banking transaction volume reaches RMB 181tn, 59.1% of bank-wide total |
>>Optimized outlets mix
| Type |
Wealth Management Centre |
VIP Service Center |
Wealth Management Outlets |
Self-service Outlets |
| Number |
208 |
4,285 |
8,277 |
3,057 |
Notes: March 27, 2008, ICBC formally launched Private Banking businesses to offer wealth management services, assets management and advisory as core businesses, to clients with individual financial assets of over RMB 8 million
>>Quality Customer Base
| Type |
Corporate Customer |
Personal Customer |
Elite Club Customer |
Corporate Internet Banking |
Personal Internet Banking |
| Number |
4.12mn |
259mn |
9.81mn |
2.39mn |
96.25mn |
2. Strategic transformation resulting in early starter's advantages
>>Revenue structure optimization
Contribution of net fee and commission-based income in total revenue increased from 4.2% in 2003 to 19.1% in 2010.
>>Assets structure optimization
Loan mix is continuously optimized: more efforts on personal loans, SME loans, and trade finance; implementation of Green Credit policy by exiting from high pollution, high energy consumption, and over-capacity industries. Investment portfolio is also optimized with higher yield.
>>Distribution network optimization
Geographical layout of physical branches is best among peers; outlets are well classified to meet demands of clients; E-banking channel applications continue to grow with percentage of e-banking transaction volume in total skyrocketed from 3% in 2000 to 59.1% in 2010; number of internet-banking clients far exceeds that of peers.