Industrial and Commercial Bank of China (Asia) Limited

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.

Industrial and Commercial Bank of China (Asia) Limited has Category B banking license number 94051 issued by the Cayman Islands Monetary Authority. This type of license allows Industrial and Commercial Bank of China (Asia) Limited to conduct banking operations with non-residents and domestic banking business with other Cayman Islands licenced entities.

Bank Category

Category B (Banking)

Services

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

Clients

international clients only

Area Served

internationally

Products

RMB deposits
syndicated loans
overseas loans

Ways to Bank

Industrial and Commercial Bank of China (Asia) Limited delivers its products and services via indirect (offline) channels only, namely:
branch

Deposit Guarantee

Protected Amount
0 KYD
Guarantee Fund
none
Covered Depositors
none
Covered Accounts
none

There is no deposit guarantee scheme in the Cayman Islands: in the case of Industrial and Commercial Bank of China (Asia) Limited failure its depositors will not get any compensation.

Contacts

190 Elgin Avenue, KY1-1108, Grand Cayman, Cayman Islands
1353

Bank Supervision

Supervised By
Cayman Islands Monetary Authority

Industrial and Commercial Bank of China (Asia) Limited is authorized and supervised by the Cayman Islands Monetary Authority.

See Also

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