Industrial and Commercial Bank of China (Asia) Ltd. - ICBC (Asia)

Address

address: 
33/F, ICBC Tower
3 Garden Road
District: 
Central
city: 
Hong Kong
Tel: 
+852 3510 8559
Fax: 
+852 2865 3270
website: 

Nominees

First name: 
Yi
Last name: 
Zhang
Title: 
Director & Deputy General Manager
First name: 
Samuel
Last name: 
Tong
Title: 
Assistant General Manager Head of Corporate Banking II
First name: 
Lawrence
Last name: 
Kong
Title: 
European Banking Head Corporate Banking II

About this member

Type of activity: 

Banking

Background: 
ICBC (Asia), formerly known as Union Bank of Hong Kong Limited, was established in Hong Kong in 1964 and publicly listed on The Stock Exchange of Hong Kong in 1973. It is a subsidiary of Industrial and Commercial Bank of China Limited, the largest commercial bank in the Mainland China (in terms of total assets).
Description: 
ICBC (Asia) has 44 branches, 10 “Elite Club” Wealth Management Centres and 4 commercial business centers in Hong Kong.  It is principally engaged in banking, financial and other financial related services with focus on retail banking, commercial banking as well as corporate banking business.  ICBC (Asia) is the flagship of Hong Kong banking business of Industrial and Commercial Bank of China Limited, the largest commercial bank in the Mainland China (in terms of total assets). 
 
Up to 7 May 2010, ICBC (Asia) was assigned A2/Prime-1 long-term/short-term deposit ratings and C Bank Financial Strength Rating (BFSR) by Moody’s Investors Service while the outlook on all ratings is stable.  On 5 May 2010, Fitch Ratings assigned ‘1’ Support Rating and ‘C’ Individual Rating to ICBC (Asia).

 

China Activity: 
Chinese Mercantile Bank, the wholly-owned subsidiary of ICBC (Asia), provides personal and commercial Renminbi businesses including deposits, loans and intermediary business. It is registered in Shenzhen, China.
China Address: 

Chinese Mercantile Bank
G/F, Dongfeng Building
2 Yannan Road
Futian District, Shenzhen
P. R. China

Hong Kong Employees: 
1425
Worldwide Employees: 
0
China Employees: 
159