Industrial and Commercial Bank of China Ltd (1398.HK)
20 Aug 2019
Tue, Jul 30 2019
July 30 The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email firstname.lastname@example.org.
BEIJING China's Bank of Jinzhou won government-backed reinforcement on Sunday as three state-controlled financial institutions said they would take at least 17.3% in the troubled lender, whose shares have been suspended since April.
* ICBC and Cinda to take a combined 17.3% stake in Bank of Jinzhou
BEIJING, July 28 The Industrial and Commercial Bank of China (ICBC), , the country's largest lender by assets, said on Sunday its wholly owned unit had signed an equity transfer agreement to invest in the troubled Bank of Jinzhou.
BEIJING, June 6 The head of the Shanghai branch of Industrial and Commercial Bank of China Ltd is under investigation for "suspected serious disciplinary violations", China's Central Commission for Discipline Inspection (CCDI) said in a statement.
BEIJING/SINGAPOREChina's five largest state-owned banks posted modest first-quarter profit growth, though slightly below expectations, as policymakers pushed lenders to make more loans to support the slowing economy.
BEIJING, March 28 Industrial and Commercial Bank of China (ICBC) , the country's biggest listed lender by assets, is paying special attention to market risks, its president Gu Shu said on Thursday.
* Net interest margin at 2.30 pct end-Dec, unchanged from end-Sept
SINGAPORE/HONG KONG, March 28Industrial and Commercial Bank of China Ltd (ICBC) , the country's biggest commercial bank, said on Thursday its fourth-quarter net profit stayed flat from a year ago amid a slowing economy.
BEIJING/SHANGHAI, March 13 Industrial and Commercial Bank of China (ICBC) plans to issue 55 billion yuan ($8.20 billion) worth of tier-two bonds next week to replenish capital, three sources with knowledge of the matter told Reuters.