ICBC | The Epoch Times

Hong Kong Banks Rush for Foreign Currency Deposits, Fixed Deposit Rates Surge

'It may reflect a decrease in foreign currencies, especially U.S. dollars, in the balance of the banking system, so we see such arrangements by banks.'

March 26, 2024BY Michael Ko and Cindy Li

The Teflon Tech Sector Is Leading a Chaotic Market

Commentary For the past month, the number and severity of risks to the bond and stock markets has ...

November 14, 2023BY Bryan Perry

Employee of State-Owned Bank Sentenced to Life In Prison For Stealing $40 Million in Deposits

A bank manager working at a branch of state-owned Industrial and Commercial Bank of China (ICBC) was recently ...

March 26, 2022BY Shawn Lin

China Sentences Former Senior ICBC Banker to Life for Bribery

BEIJING—China sentenced Gu Guoming, a former senior banker at Industrial and Commercial Bank of China (ICBC), to life ...

August 12, 2021BY Reuters

China Insider: China’s Five Largest State-Owned Banks Face Worsening Bad Debts

The Q3 financial reports of China’s five largest state-owned banks showed that their profits have deteriorated and bad ...

November 4, 2020BY Epoch Video

6 Officials of China’s State Bank Held by Spain Court for Money Laundering, Tax Fraud

A Spanish judge has ruled that six executives of China's state-owned ICBC bank in Madrid should be detained ...

February 20, 2016BY The Associated Press

Souring Loans Weigh on China’s Big Four Banks

Soaring non-performing loans at Chinese banks are a risk for the banking industry.

March 30, 2015BY Fan Yu

Chinese Bank Staff Block Reporters From Covering Canadian Finance Minister’s Remarks

TORONTO—Staff working at an Industrial and Commercial Bank of China (ICBC) event blocked and corralled two Chinese reporters ...

March 27, 2015BY Matthew Little