Industrial and Commercial Bank of China (Europe) S.A., en abrégé ICBC (Europe) S.A.

 (4.4; 8 ratings)
4.4 8
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

Financials

Total Assets of Industrial and Commercial Bank of China (Europe) S.A., en abrégé ICBC (Europe) S.A.
Annual_profit of Industrial and Commercial Bank of China (Europe) S.A., en abrégé ICBC (Europe) S.A.
Total Assets (2018)
6,825.31 mln EUR  (+0.15%)
Annual Profit (2018)
1.60 mln EUR  (-84.31%)
Number of Employees (2018)
359  (+1.70%)

Industrial and Commercial Bank of China (Europe) S.A., en abrégé ICBC (Europe) S.A. is the 23rd largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 6 825,31 mln EUR. In 2018 the bank's annual profit was 1,60 mln EUR. Industrial and Commercial Bank of China (Europe) S.A., en abrégé ICBC (Europe) S.A. had 359 employees in 2018.

Credit Ratings

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

Industrial and Commercial Bank of China (Europe) S.A., en abrégé ICBC (Europe) S.A. is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is (P)A1 (upper medium grade; provisional).

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Fonds de garantie des dépôts Luxembourg (FGDL)
Covered Depositors
natural persons (Luxembourg and foreign)
SMEs, companies
Covered Accounts
all cash deposits

Industrial and Commercial Bank of China (Europe) S.A., en abrégé ICBC (Europe) S.A. participates in the deposit guarantee scheme of Luxembourg. This deposit guarantee scheme applies to all cash deposits made by natural persons (Luxembourg and foreign), SMEs, companies and covers up to up to 100,000 EUR per bank per depositor. Industrial and Commercial Bank of China (Europe) S.A., en abrégé ICBC (Europe) S.A. is a member of Fonds de garantie des dépôts Luxembourg (FGDL) and makes its contributions into it.

Contacts

32, Boulevard Royal, 2449, LUXEMBOURG, Luxembourg
278
+352 26 86 66 1
+352 26 86 66 66

Industrial and Commercial Bank of China (Europe) S.A., en abrégé ICBC (Europe) S.A. is headquartered in LUXEMBOURG.

Bank Identifiers

BIC (SWIFT)
ICBKLULU
LEI
529900Q5Z3L25N2MD382
MFI ID
LUB00348

Bank History

Start Date
September 2006

Banking Products in Luxembourg

See Also

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