Industrial and Commercial Bank of China Limited is a Chinese state-owned bank headquartered in Beijing, formed in 1984 when it was split off from the People's Bank of China to take over commercial banking functions while the central bank retained its regulatory role. It is the largest bank in the world by total assets, and along with China's other major state-owned banks forms the core of China's banking system.
Facts
Company TypeChinese partially state-owned multinational banking and financial services corporation 1 Founded Year Headquarters Connections
Operates In
A major financial services company; classified in the atlas financial-services-industry.
In the Other Atlases
- Also in Geography Atlas: China, located there.
Sources
1. Wikipedia, Industrial and Commercial Bank of China
Wikipedialead section, paragraph 1
is a Chinese partially state-owned multinational banking and financial services corporation headquartered in Beijing, China
lead section, founding sentence
ICBC was created on 4 January 1984 from what were then the commercial banking operations of the People's Bank of China.
infobox, Headquarters field
Beijing, China
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