Industrial and Commercial Bank of China (ICBC) was established on 1 January 1984. On 28 October 2005, the Bank was wholly restructured to a joint-stock limited company. On 27 October 2006, the Bank was successfully listed on both Shanghai Stock Exchange and The Stock Exchange of Hong Kong Limited.

Glob.Revenue, mln.USD
212878
Capital(RF), mln.USD
229
Assets(RF), mln.USD
4440
The Company Statement
September 03, 2023

Curtail Russian access to capital markets. There are four banks with Chinese capital operating in Russia. The two largest Russian banks owned by Chinese credit organizations are Bank of China (101.5 billion rubles of assets as of January 1, 2022) and ICSIB Bank (93.8 billion rubles of assets). They belong to the largest financial groups of the PRC — Bank of China and Industrial and Commercial Bank of China (ICBC), respectively. Their Russian "daughters" increased their assets several times in 2022, and the profit - tens of times. The Central Bank has set individual values for capital adequacy ratios for two Chinese banks, which are 1.5-3 percentage points lower than the minimum required in the Russian Federation.

April 17, 2024System block: four more large banks in China have stopped accepting yuan from the Russian Federation
April 12, 2024Variable situation: banks in China are introducing new conditions for payments from the Russian Federation
September 04, 2023FT: China’s share in the Russian banking sector has quadrupled since the beginning of the war
August 14, 2023The Central Bank has found a special approach to Chinese banks
August 02, 2023Direct transfers to China in Bank "Primorye"
August 02, 2023Direct transfers to China in Bank "Primorye"
July 12, 2023Chinese subsidiaries in Russia sharply increased lending to banks during the crisis Their share in this market increased almost fivefold
April 17, 2023Chinese spurt: major banks from China have dramatically increased their business in Russia
February 01, 2023China, Turkey and UAE do not want to work with sub-sanctioned Russian banks - Vice President of Rosbank
February 28, 2022Asian banks equip amid Russia-Ukraine crisis; New sanctions on Russian banks
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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