Founded in 1946, Industrial and Commercial Bank of China (ICBC) is one of the largest Chinese banking groups, conducting business activities as a universal bank. On its domestic market ICBC provides retail, private, corporate and investment banking products and services. In Europe ICBC is focused on providing corporate and investment banking products and services.
ICBC (London) Plc is the 73rd largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 2 374,63 mln EUR, providing the bank with the market share of 0.02%. In 2018 the bank's annual profit was 25,37 mln EUR.
ICBC (London) Plc participates in the deposit guarantee scheme of the United Kingdom. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies and covers up to up to 85,000 GBP per bank per depositor. ICBC (London) Plc is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
ICBC (London) Plc is headquartered in London.
ICBC (London) Plc is authorized and supervised by the Financial Conduct Authority (reference number 222030).