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  • Rank18
  • Previous Rank25
  • CEO
    Yi Huiman
  • Address
    55 Fuxingmennei Ave., Beijing 100140
  • Websitehttp://www.icbc-ltd.com
  • Industry
    Banks: Commercial and Savings

The state-owned firm is the world’s biggest bank, a major force in China’s market, and, according to a ranking by The Banker magazine, the world’s strongest bank based on its amount of capital in 2014. Four big state-owned banks are central to China’s financial system. ICBC is the biggest among them. It has raised money for the Three Gorges Dam project and has been a part of China’s expansion abroad, especially its infrastructure projects in Africa. At the same time, ICBC’s international exposure remains low compared to U.S. and European banks. For a sense of its scale, in 2014 ICBC earned $45 billion, double the profits of Wells Fargo.

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Company Information

CEO
Yi Huiman
Industry
Banks: Commercial and Savings
Sector
Financials
HQ Location
Beijing, China
Websitehttp://www.icbc-ltd.com
Years on List17
Figures prepared in accordance with International Accounting Standards. Government owned 50% or more.

Key Financials (last fiscal year)

($ Millions)% change
Revenues163,174.99.7%
Profits44,763.94.8%
Assets3,322,042.7-
Employees462,282-

Profits as a % of

Profit as % of Revenues27.4%
Profits as % of Assets1.3%
Profits as % of Stockholder Equity18.1%