Industrial and Commercial Bank of China Limited (IDCBY)

10.62 +0.11 (+1.05%) At close: 03:59PM EDT

Industrial and Commercial Bank of China Limited

No.55 FuXingMenNei Street
Xicheng District
Beijing 100140
China
86 10 6610 6114
https://www.icbc-ltd.com

Sector(s): Financial Services
Industry: Banks - Diversified
Full-time employees: 419,252

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Lin Liao	President & Executive Chairman	124.14k	N/A	1966
Mr. Jingwu Wang	Senior Executive VP, Chief Risk Officer & Executive Director	113.86k	N/A	1966
Ms. Yan Xiong	Chief Business Officer	184.68k	N/A	1964
Mr. Jianhua Song	Chief Business Officer	184.39k	N/A	1965
Mr. Weiwu Zhang	Senior Executive Vice President	113.86k	N/A	1975

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People's Republic of China and internationally. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers financial products and services to corporations, government agencies, and financial institutions. Its products and services include trade financing, deposit, corporate wealth management, custody, and various corporate intermediary services, as well as corporate loans. Its Personal Banking segment provides financial products and services to individual customers. This segment's products and services comprise personal loans and cards, deposits, and personal wealth management and intermediary services. The Treasury Business segment is involved in the money market transactions, investment securities, and proprietary and foreign exchange transactions businesses. It also offers e-banking services, investment banking, financial leasing, and insurance services. Industrial and Commercial Bank of China Limited was incorporated in 1984 and is based in Beijing, the People's Republic of China.

Corporate governance

Industrial and Commercial Bank of China Limited’s ISS governance QualityScore as of 1 April 2024 is 4. The pillar scores are Audit: 2; Board: 6; Shareholder rights: 1; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.