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 TURKEY BANK A.Ş. is the 22nd largest bank in Turkey in terms of total assets. In 2019 its total assets were 18 191,15 mln TRL, providing the bank with the market share of 0.43%. In 2018 the bank's net income was 62,07 mln TRL.
ICBC TURKEY BANK A.Ş. is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is B+ (highly speculative).
ICBC TURKEY BANK A.Ş. participates in the deposit guarantee scheme of Turkey. This deposit guarantee scheme applies to private current accounts, participation accounts, precious metals accounts made by natural persons (Turkish and foreign) and covers up to up to 100,000 TRL per bank per depositor. ICBC TURKEY BANK A.Ş. is a member of Savings Deposit Insurance Fund (SDIF) and makes its contributions into it.
ICBC TURKEY BANK A.Ş. is authorized and supervised by the Central Bank of the Republic of Turkey (reference number 224058).