Australia markets open in 3 hours 23 minutes

Industrial And Commercial Bank Of China Ltd (ICK.DU)

Dusseldorf - Dusseldorf Delayed price. Currency in EUR
Add to watchlist
0.4847+0.0061 (+1.27%)
At close: 07:30PM CEST
Full screen
Loading interactive chart…
  • Bloomberg

    China’s ICBC Plans $5.5 Billion Sale of Loss-Absorbing Bonds

    (Bloomberg) -- Industrial and Commercial Bank of China Ltd. is planning to issue as much as 40 billion yuan ($5.5 billion) of total loss-absorbing capacity (TLAC) bonds as soon as this month, people familiar with the matter said, marking the first such debt sale from the country’s largest state-owned lenders. Most Read from BloombergTrumpism Is Emptying ChurchesIran’s Better, Stealthier Drones Are Remaking Global WarfareBlackstone Nears Buyout of Skin-Care Company L’OccitaneUkraine Says It’s Beh

  • Reuters

    China's Big Five lenders post shrinking margins, warn of property risks

    Five of China's largest lenders have posted shrinking net interest margins (NIM), while warning of ongoing property sector risks. Amid a slowing economy, China's lenders are under pressure to reduce interest rates on the loans they make to bolster flagging sectors as demand for lending falls. On Thursday, China Construction Bank Corp (CCB), Bank of China (BoC) and Agricultural Bank of China (AgBank) all reported sliding margins - a key gauge of profitability - in their annual results.

  • Reuters

    ICBC to pay $32.4 million to US regulators over AML lapses, supervisory information disclosure

    The Industrial and Commercial Bank of China Ltd and its New York branch will pay $32.4 million in penalties for the unauthorized use and disclosure of confidential supervisory information, the Federal Reserve announced Friday. The Fed said the joint action, taken with New York's Department of Financial Services (NYDFS), came after the bank disclosed information to a third party without regulatory approval. In a separate statement, NYDFS said an ICBC employee disclosed that supervisory information to a foreign regulator.