ICBC International Forms Strategic Partnership with China Renaissance
Industrial and Commercial Bank of China (ICBC) has formed a strategic partnership with China Renaissance Group, a financial institution dedicated to serving new economy entrepreneurs.
“Both parties will share strategic insights and resources and set up a special fund.”
Under the agreement, both parties will share strategic insights and resources and set up a special fund to collaborate in four key business areas – corporate finance, asset management, capital markets and wealth management.
News Source: China Renaissance Press Release
Industrial and Commercial Bank of China was established on 1 January 1984. On 28 October 2005, the Bank was wholly restructured to a joint-stock limited company. On 27 October 2006, the Bank was successfully listed on both Shanghai Stock Exchange and The Stock Exchange of Hong Kong Limited. Through its continuous endeavor and stable development, the Bank has developed into the top large listed bank in the world, possessing an excellent customer base, a diversified business structure, strong innovation capabilities and market competitiveness and providing comprehensive financial products and services to 5,320 thousand corporate customers and 496 million personal customers.
- Origin: Beijing, China
- Assets: CNY 22.2 trillion
- Revenue: CNY 668.7 billion
- Employees: 466,346
Official Website: www.icbc.com
News & Media: Press Release
Updated on 8th August 2016