Bank ICBC (Industrial and Commercial Bank of China, Industrial and Commercial Bank of China) is not only among the most significant banks in China, but also among the largest public companies in the world. About 1/5 of the country's financial sector is controlled by this bank, whose shares are owned by the Chinese government. In terms of market capitalization, ICBC became the world's largest bank in 2017.
The bank serves millions of individual and corporate clients throughout China, its branches can be found in almost any, more or less large settlement. Representative offices of the bank are also opened in other countries of North and South America, as well as Europe.
The history of ICBC began on January 1, 1984. The first foreign branch appeared in 1999 in Luxembourg, when the European division of ICBC SA appeared. Subsequently, ICBC Asia, ICBC Canada and others appeared. For many years, the ICBC brand has been regularly included in the lists of the most expensive in the world.