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. ICBC provides retail, private, corporate and investment banking products and services.

Financials

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 scheme covers accounts up to 100,000 EUR per bank per depositor.

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

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