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Industrial and Commercial Bank of China (INDUSTRIAL AND COMMERCIAL BANK OF CHINA, ICBC for short) was established on January 1, 1984. ^{[1] The} head office is located at 55 Fuxingmennei Avenue, Beijing. It is a large state-owned bank managed by the central government, ^{[2] a} deputy ministerial unit of the state. ^[3] The basic task of ICBC is to raise social funds through domestic and foreign financing activities in accordance with national laws and regulations, strengthen credit fund management, support corporate production and technological transformation, and serve China's economic construction. ^{[4] [5] [6]}

ICBC

Industrial and Commercial Bank of China (INDUSTRIAL AND COMMERCIAL BANK OF CHINA, ICBC for short) was established on January 1, 1984. ^[1]

1984

In January 1984, the Industrial and Commercial Bank of China was officially established with a registered capital of 20.8 billion yuan and total assets of 333.3 billion yuan. ^[16]

Industrial and Commercial Bank of China International Honor

In 2007, ICBC won the "China's Best Bank", "World's Best Trading Award", "China's Best Best Management Company "and was awarded" China's Most Admired Enterprise "by the Economic Observer. International professional rating agencies have repeatedly upgraded the rating of ICBC. Among them, Moody's has raised its long-term credit rating to "A1" and Standard & Poor's has been upgraded to "A-".

In 2007, it ranked 170th in the Fortune Global 500 with an operating income of 36832.9 million USD. In 2010, it ranked 4th in the Fortune Global 500 with a market value of 246.4 billion U.S. dollars. In 2010, the top 500 Asian brands ranked fifth. ^[137] Awarded the Outstanding Corporate Governance Award in Asia in 2011.

In 2014, he was shortlisted in the 2014 (11th) "World Top 500 Brands" list compiled by the World Brand Lab. ^[138]

On September 21, 2015, the "Top 500 Asian Brands" ranking announced in Hong Kong in 2015, ICBC ranked third. ^[139]

In December 2015, the results of the "Best Banker" Magazine's 2015 Best Bank Awards were officially announced. ICBC was awarded the "Best Bank of China" for the third consecutive year. This is also the 11th time that ICBC has received this honor since the award was launched. At the same time, ICBC Macau was named the "Macao's Best Bank" for the seventh time in a row. ^[140]

On June 20, 2018, the World Brand Lab released the analysis report of the "China's 500 Most Valuable Brands" in Beijing in 2018. Industrial and Commercial Bank of China (334.561 billion yuan) ranked fourth. ^[141]

On July 2, 2018, the global authoritative magazine The Banker published the list of the world's 1,000 largest banks in 2018, and ICBC ranked first. ^[142]

On July 19, 2018, the Fortune Global 500 ranked 26th. ^[143]

On December 18, 2018, the "World Top 500 Brands 2018" compiled by the World Brand Lab was announced, and ICBC ranked 43rd. ^[11]

In 2019, he was included in the 2019 BrandZ Top 100 List of Most Valuable Brands in the World ^[144] .

In 2019, it was selected as one of the top 100 Chinese companies in the Belt and Road initiative. ^[145]

Industrial and Commercial Bank of China Online Banking Honor

Industrial and Commercial Bank of China won the CFCA "2007 Best Online Bank in China" award. ^[146]

ICBC won the "2012 China's Best Electronic Bank Award" by the CFCA.

Industrial and Commercial Bank of China

In 2008, in the face of extreme natural disasters such as the freezing rain and snow disasters in the south and the Wenchuan earthquake, ICBC interpreted the promise of "a bank near you and a trusted bank" with actual actions and won the "China Red Cross" issued by the China Red Cross Association. Medal of the Cross. " After the Wenchuan earthquake in May, ICBC issued a total of 28.8 billion yuan in loans for earthquake relief and post-disaster recovery production; donated 141.91 million yuan (of which 86.69 million yuan was donated by employees at home and abroad), and the value of the donated materials was about 500,000 yuan. ^[44]

Actively carry out poverty alleviation work, was awarded the title of "2008 China's People's Livelihood Action Pioneer" by the China Foundation for Poverty Alleviation, and was named "Advanced Unit for Targeted Poverty Alleviation by Central State Organs and Other Organizations" by the Poverty Alleviation Office of the State Council. During the Olympic Games, we achieved zero accidents in production and operation and zero complaints about Olympic services, and made positive contributions to the successful hosting of the Olympic Games. We adhered to the concept of giving back to the society and organized employees to enter the community from time to time. The Youth Volunteer Campaign named "Youth Love Action". Awarded the "2011 Public Ambassador Award" by the China Foundation for Poverty Alleviation.

Other honors of Industrial and Commercial Bank of China

In the 2011 Hurun Brand List, Industrial and Commercial Bank of China ranked No. 1 on the Top 100 List with a brand value of 282 billion yuan.

The 2012 Hurun Brand List was released, and ICBC was once again on the list, with a market value of 253 billion yuan. However, it was replaced by China Mobile with a market value of 276 billion yuan, and ICBC ranked second. ^[147]

On September 17, 2019, the 2019 (seventh) comprehensive selection of banks was announced, and ICBC won the "Best State-owned Commercial Bank" and "Best Brand Award for Financial Poverty Alleviation". ^[148]