Industrial and Commercial Bank of China

Industrial And Commercial Bank Of China

Industrial and Commercial Bank of China Ltd. (ICBC) (simplified Chinese: 中国工商银行; traditional Chinese: 中國工商銀行; pinyin: Zhōngguó Gōngshāng Yínháng, more commonly just 工行 Gōngháng) is the largest bank in the world by profit and market capitalization. It is one of China's 'Big Four' state-owned commercial banks (the other three being the Bank of China, Agricultural Bank of China, and China Construction Bank). It was founded as a limited company on January 1, 1984. As of March 2010, it had assets of RMB 12.55 trillion (US$1.9 trillion), with over 18,000 outlets including 106 overseas branches and agents globally. In 2011, it ranked number 7 on Forbes Global 2000 list of worlds biggest public companies.

Read more about Industrial And Commercial Bank Of China:  Basic Figures, Environmental Policy and Record

Famous quotes containing the words industrial, commercial, bank and/or china:

    “I believe in human liberty as I believe in the wine of life. There is no salvation for men in the pitiful condescension of industrial masters. Guardians have no place in a land of freemen.”
    —Woodrow Wilson (1856–1924)

    “It is only by not paying one’s bills that one can hope to live in the memory of the commercial classes.”
    —Oscar Wilde (1854–1900)

    “I have passed down the river before sunrise on a summer morning, between fields of lilies still shut in sleep; and when, at length, the flakes of sunlight from over the bank fell on the surface of the water, whole fields of white blossoms seemed to flash open before me, as I floated along, like the unfolding of a banner, so sensible is this flower to the influence of the sun’s rays.”
    —Henry David Thoreau (1817–1862)

    “The awakening of the people of China to the possibilities under free government is the most significant, if not the most momentous, event of our generation.”
    —Woodrow Wilson (1856–1924)