What Does Industrial and Commercial Bank of China Do?

Total employees19802
HeadquartersBeijing
Founded1984

Industrial and Commercial Bank of China Limited (ICBC) is a Chinese multinational state-owned commercial bank, and the largest bank in the world by total assets as of year-end 2023. Headquartered in Beijing, ICBC provides a comprehensive suite of financial products and services to over 10 million corporate clients and 720 million personal customers globally. Its offerings span corporate and personal banking, treasury operations, investment banking, asset management, insurance, and international business, supported by a vast network of domestic and international branches and subsidiaries.

Where Is Industrial and Commercial Bank of China's Headquarters?

HQ Function

The headquarters serves as the central hub for ICBC's global operations, directing strategic planning, policy formulation, risk management, corporate governance, and oversight of its extensive domestic and international network.

Notable Features:

The ICBC headquarters building is a modern, prominent architectural landmark in Beijing's financial district, designed to reflect the bank's status and strength. It incorporates advanced technological infrastructure and high-security systems essential for a leading global financial institution.

Work Culture:

The work culture at ICBC headquarters is characterized by professionalism, discipline, and a strong emphasis on efficiency and compliance, typical of a large state-owned enterprise. Employees often experience a structured environment with a focus on contributing to national economic objectives and maintaining financial stability. Opportunities for career development are significant within its vast organizational structure.

HQ Significance:

The headquarters is paramount as it orchestrates the operations of the world's largest bank, significantly influencing China's financial landscape and playing a crucial role in international finance and trade.

Values Reflected in HQ: The headquarters embodies values of stability, integrity, innovation, global leadership, and commitment to customer service and national economic development.

Location:

ICBC boasts an extensive global presence, operating in approximately 49 countries and regions across six continents. This network supports a wide range of international financial services, including cross-border trade finance, global cash management, international settlements, overseas project financing, and investment banking. ICBC's global strategy focuses on serving Chinese companies 'going global,' facilitating international trade (especially related to the Belt and Road Initiative), and providing financial services to local and multinational clients in host countries.

Street Address:

No. 55 Fuxingmennei Street, Xicheng District

City:

Beijing

State/Province:

Beijing

Country:

China

Where Else Does Industrial and Commercial Bank of China Operate Around the World?

New York, NY, USA

Address: 1185 Avenue of the Americas, 20th Floor, New York, NY 10036 (ICBC USA NA Headquarters)

To support bilateral trade and investment, serve multinational corporations and Chinese enterprises operating in North America, and act as a dollar clearing center.

London, United Kingdom

Address: 81 King William Street, London, EC4N 7BG, United Kingdom (ICBC (London) plc)

To facilitate UK-China and Europe-China trade and investment, provide comprehensive financial services to European clients, and promote RMB internationalization.

Singapore, Singapore

Address: 6 Raffles Quay, #01-01, Singapore 048580 (ICBC Singapore Branch)

To serve as a financial gateway between China and ASEAN countries, supporting regional trade, investment, and infrastructure financing, leveraging Singapore's status as a global financial center.

Luxembourg, Luxembourg

Address: 2 Boulevard Konrad Adenauer, L-1115 Luxembourg (ICBC (Europe) S.A. Head Office)

To act as a bridge for Sino-European economic cooperation, provide comprehensive banking services, and support the internationalization of the RMB within the Eurozone.

Buying Intent Signals for Industrial and Commercial Bank of China

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Industrial and Commercial Bank of China? Meet the Executive Team

As of April 2025, Industrial and Commercial Bank of China' leadership includes:

Liao Lin - Chairman, Executive Director
Liu Jun - President, Vice Chairman, Executive Director
Wang Jingwu - Executive Director, Senior Executive Vice President
Zhang Weiwu - Executive Director, Senior Executive Vice President
Yao Mingde - Senior Executive Vice President
Guan Xueqing - Secretary to the Board of Directors, Company Secretary

Who's Investing in Industrial and Commercial Bank of China?

Industrial and Commercial Bank of China has been backed by several prominent investors over the years, including:

Central Huijin Investment Ltd.
Ministry of Finance of the People's Republic of China
National Council for Social Security Fund (PRC)

What Leadership Changes Has Industrial and Commercial Bank of China Seen Recently?

Hire2
Exits1

The past 12 months have seen significant leadership transitions at the top of ICBC, notably the appointment of a new Chairman and a new President, reflecting strategic succession planning within the institution. These changes ensure continued strong leadership for the world's largest bank.

Departures

Chen Siqing, Chen Siqing concluded his tenure as Chairman of ICBC. Liao Lin was appointed as the new Chairman.

New Appointments:

Liao Lin, Liao Lin, formerly President of ICBC, was appointed as Chairman of the Board.
Liu Jun, Liu Jun was appointed as President of ICBC, bringing extensive experience from his previous role as President of Bank of Communications.

What Technology (Tech Stack) Is Used byIndustrial and Commercial Bank of China?

Discover the tools Industrial and Commercial Bank of China uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Industrial and Commercial Bank of China Email Formats and Examples

Email addresses at Industrial and Commercial Bank of China (ICBC) generally follow common corporate patterns, typically utilizing combinations of employee names and the official domain (icbc.com.cn). While exact internal structures can vary by department or region, prevalent formats include [first_initial][last_name]@[domain] or [first_name].[last_name]@[domain]. Some global offices might use regional domains.

[first_initial][last_name]@icbc.com.cn or [first_name].[last_name]@icbc.com.cn or [last_name][first_initial]@icbc.com.cn

Format

j.doe@icbc.com.cn or john.doe@icbc.com.cn

Example

70%

Success rate

What's the Latest News About Industrial and Commercial Bank of China?

ReutersApril 29, 2024

ICBC Reports Flat Q1 2024 Profit Amid Squeezed Margins

Industrial and Commercial Bank of China (ICBC) reported a nearly flat net profit for the first quarter of 2024, as narrowing net interest margins continued to pressure earnings for Chinese lenders. The bank saw a 0.79% rise in net profit to 90.16 billion yuan ($12.44 billion)....more

Yicai Global / Company FilingsMay 27, 2024

ICBC Officially Appoints Liu Jun as President

Industrial and Commercial Bank of China (ICBC) officially appointed Liu Jun as its new president, effective May 27th, after receiving approval from the National Financial Regulatory Administration. Liu Jun previously served as president of Bank of Communications Co. Ltd. and fills the vacancy left after Liao Lin was promoted to chairman of ICBC....more

ICBC Official WebsiteApril 30, 2024

ICBC Releases 2023 Environmental, Social, and Governance (ESG) Report

ICBC published its 2023 ESG Report, detailing its achievements and strategies in green finance, social responsibility, and corporate governance. The report highlights the bank's commitment to sustainable development, including significant growth in green loans to 5.4 trillion yuan and robust support for China's carbon peak and neutrality goals....more

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