Industrial and Commercial Bank of China (ICBC)
Company description
Industrial and Commercial Bank of China Ltd. (ICBC) is a Chinese multinational banking company, and the largest bank in the world by total assets and by 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 2014, it had assets of US$3.62 trillion. Generally considered the largest bank in the world by assets; it is the first Chinese bank to achieve such a feat. It ranks number 1 in The Banker's Top 1000 World Banks ranking and number 1 on Forbes Global 2000 list of the world's biggest public companies.
Company details
Participation in projects
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The company has not participated in any projects.
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Company updates
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March 10, 2020
Financial close for the major road PPP in Bangladesh
First Dhaka Elevated Expressway Company, Ltd. (FDEE), a project company owned by China Shandong International Economic & Technical Cooperation Group Ltd (CSI), Sinohydro Cooperation and Italian-Th...
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December 13, 2019
EBRD invests in Tekirdag port in Turkey
European Bank of Reconstruction and Development (EBRD) has issued a new loan US$ 17.5 million to the operator of Tekirdag port on the Sea of Marmara. ICBC Turkey is providing an equal loan. Ceyport T...
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March 21, 2018
US$2.8 billion financing for bridge-highway project in Turkey
Çanakkale Otoyol, the owner of the 1915 Çanakkale Bridge and Highway project, has announced that it has secured EUR2.3 billion (US$2.83 billion) financing from a consortia of 2...
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December 26, 2017
Ferrovial achieves FC on A$1,800 M Western Roads Upgrade project
The Netflow consortium, comprising Cintra and Plenary, has achieved financial close on the A$1,800 million (US$1,38 million) Western Roads Upgrade project, Vict...
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November 10, 2017
EBRD and partners disburse funds for new hospital in Bursa
The first disbursement under a comprehensive long-term financial package for the construction of a new €490 million high-tech hospital in Bursa, Turkey’s fourth most populous city, has...
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June 19, 2017
Turkey’s Izmir Bayrakli Integrated Health Campus PPP achieves FC
Turkey’s Izmir Bayrakli Integrated Health Campus PPP has reached financial close.
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November 30, 2016
Plenary Group closes financing for Melbourne High Capacity Metro Trains PPP
Plenary Group has achieved financial close on the Victorian Government’s AUD2 billion (US$1.49 billion) High Capacity Metro Trains project, just days after contractual close was achieved.
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November 23, 2016
Plenary achieves contract close on Melbourne High Capacity Metro Trains PPP
Plenary Group has achieved contractual close for the Victorian Government’s AUD2 billion (US$1.48 billion) High Capacity Metro Trains project in Melbourne (Australia).
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November 14, 2016
EBRD, Canada’s EDC and OPIC of US in financing package for Kocaeli hospital in Turkey
The European Bank for Reconstruction and Development (EBRD), Export Development Canada (EDC) and the Overseas Private Investment Corporation (OPIC), the US government’s development finance institution...
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September 02, 2016
IFC arranges financing package for Tema port terminal
The financing package for the construction of a new container terminal in the Port of Tema, located 30 kilometers east of Accra, represents IFC’s largest port investment and biggest infrastruc...
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