Industrial And Commercial Bank Of China Ltd (HKSE:04603) Share Price

Company Profile

Business description
Industrial and Commercial Bank of China was founded in 1984 and is headquartered in Beijing. The bank listed its shares in mainland China and Hong Kong in 2006. It is China's largest by asset scale and by share of lending and deposits. Central Huijin Investment (China's sovereign wealth fund manager) and China's Ministry of Finance are ICBC's two largest shareholders, each with a stake of around 35%. ICBC operates over 16,000 outlets. Of these, 413 outlets are in 49 countries and regions overseas. Corporate banking, retail banking, and wholesale banking accounted for 48%, 40%, and 12% of total revenue, respectively, and 58%, 23%, and 18% of profit before tax in 2024. Overseas banking and other business contributed 13% of total revenue and 11% of profit before tax in 2024.
Contact
3 Garden Road
33rd Floor, ICBC Tower
Central
Hong Kong
HKG
T: +852 25881188
E: [email protected]
https://www.icbc-ltd.com
Sector
Financial Services
Stock type
Cyclical
Industry
Banks - Diversified
Fiscal Year End
Employees
408,437

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