Industrial and Commercial Bank of China (ICBC) was founded on January 1, 1984. On October 27, 2006, it was successfully listed on both the Shanghai Stock Exchange and The Stock Exchange of Hong Kong. After continuous efforts and steady development, it has entered the ranks of world leading large banks, with excellent customer base, diversified business structure, strong innovation capability and market competitiveness. Taking services as its foundation, ICBC adheres to creating value with services and provides a wide range of financial products and services to 7.033 million corporate customers and 607 million personal customers worldwide. ICBC was ranked the 1st place among the Top 1000 World Banks by The Banker, ranked 1st place in the Global 2000 listed by Forbes and topped the sub-list of commercial banks of the Global 500 in Fortune for the sixth consecutive year, and took the 1st place among the Top 500 Banking Brands of Brand Finance for the third consecutive year.
As at the end of 2018, ICBC’s service network has covered 44 countries and regions around the world. It is a Chinese-funded bank with the widest coverage of overseas institutions. It is also the first financial institution acting as the RMB clearing bank in the Asia, Europe and Americas at the same time. ICBC has 127 branches present at the 18 countries and regions along the Belt and Road, covering the most countries along the Belt and Road among the Chinese-funded financial institutions.
On May 22, 2015, ICBC completed the 75.5% equity acquisition of Tekstilbank. At present, ICBC holds 92.84% equity of ICBC Turkey. ICBC Turkey, the first Chinese-funded financial institution in Turkey and listed on Borsa Istanbul, holds commercial banking, investment banking and asset management licenses and has 44 branches, 20 securities business banking departments and over 860 employees. ICBC Turkey provides a package of services such as multi-currency (RMB included) project loans, syndicated loans, trade finance, investment & financing advisory service, securities brokerage, and bond issue & underwriting for corporate customers, and also deposits, remittance, personal consumer loans, personal residential mortgages, credit cards, e-banking and other comprehensive financial services for personal customers.
ICBC Turkey is a model of China-Turkey financial cooperation and also a representative for Chinese-funded enterprises “Going Global” to invest and operate in Turkey, receiving full appreciation by both Chinese and Turkish governments. Since its establishment, ICBC Turkey, taking the strategic opportunity of China’s Belt and Road Initiative and the Middle Corridor Initiative in Turkey and based on the strategic positioning of “based on Turkey, covering surroundings and connecting between Europe and Asia”, has given full play to ICBC Group’s advantages in customers, capital, management and service network, and proactively supported Chinese-funded enterprises “Going Global” and the implementation of major Belt and Road projects. It has promoted its operation in local areas, served the real economy of Turkey and offered high-quality financial services for corporate customers and retail customers, which vigorously supported the local infrastructure construction and economic and social development and was widely praised by relevant governments and authorities in both China and Turkey, as well as local social communities and enterprises in Turkey.
Phone: 0212 335 53 35
Fax: 0212 328 13 28