For the second year since 2011 ICBC took home the Best Cash Management Service Bank Award at the "2012 CBN Annual Financial Value Ranking (CFV)" announced recently.

The "2012 CBN Annual Financial Value Ranking (CFV)" is a survey jointly hosted by China Business News ("CBN") and Institute of Finance and Banking, Chinese Academy of Social Science. Since 2007, every year the organizers select outstanding performers and financial services in the field. The ranking is highly respected and provides benchmark within the field. Winning the award demonstrated again the peer recognition on ICBC's excellence in cash management service while lifting up the brand influence of ICBC cash management.

Starting from this year, ICBC studies the features of industries and companies to roll out cash management services for 16 industries in line with new landscape, new trend in treasury management. Using cash management as the core, new services, which have been warmly received, are professional, tailored to the needs of fast-growing sectors such as chain stores, cultural, logistics, tourism and equipment manufacturing.