ICBC Standard Bank Plc

 (4.2; 12 ratings)
4.2 12
Business Focus
corporate banking

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.

Services

corporate banking
investment banking
financial markets
RMB clearing
RMB foreign exchange
trade finance
international settlements

Products

RMB deposits
syndicated loans
overseas loans

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

Financials

Total Assets of ICBC Standard Bank Plc
Annual_profit of ICBC Standard Bank Plc
Market Share of ICBC Standard Bank Plc
Total Assets (2019)
24,425.50 mln USD  (-0.61%)
Annual Profit (2019)
-248,200,000.00 USD  (+1,577.03%)

ICBC Standard Bank Plc is the 35th largest bank in the United Kingdom in terms of total assets. In 2019 its total assets were 24 425,50 mln USD, providing the bank with the market share of 0.20%. In 2019 the bank's annual profit was -248,20 mln USD.

Credit Ratings

Fitch: A-
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: Baa3
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

ICBC Standard Bank Plc is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A- (high credit quality). Long-term credit rating assigned to the bank by Moody's is Baa3 (lower medium grade).

Deposit Guarantee

Protected Amount
up to 85,000 GBP
Guarantee Fund
Financial Services Compensation Scheme (FSCS)
Covered Depositors
private individuals
companies
Covered Accounts
current accounts
savings accounts
time deposit accounts

ICBC Standard Bank 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 Standard Bank Plc is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.

Contacts

20 Gresham Street, EC4R 2SB, London, United Kingdom
44 02031455000
44 02031895000

ICBC Standard Bank Plc is headquartered in London.

Bank Identifiers

BIC (SWIFT)
SBLLGB2LXXX
LEI
F01VVKN4DRF2NWKGQ283
Company Number
02130447
MFI ID
GB2390

Bank Supervision

Supervised By
Financial Conduct Authority
Reference Number
124823

ICBC Standard Bank Plc is authorized and supervised by the Financial Conduct Authority (reference number 124823).

Bank History

Start Date
May 1987
Previous Name
Standard Bank Plc