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Business Overview

Industrial and Commercial Bank of China Limited (ICBC), established in January 1984, is the largest commercial bank in China. On October 27th, 2006, ICBC was listed on the stock exchanges of Shanghai and Hong Kong. Through its worldwide network consisting of 16,227 domestic offices, 203 overseas offices and 1,562 correspondent banks, ICBC provides comprehensive financial products and services to more than 4.12 million corporate banking customers and 259 million retail banking customers. ICBC has a strong international presence and trans-markets operations around the globe on top of its leading position in most commercial banking areas in domestic market. As of 31 December 2010, ICBC recorded total assets of RMB 13.45 trillion (equivalent to USD 2.03 trillion) and ranked top among listed banks worldwide in terms of capitalization, profitability and customers' deposits.

In October 2010, ICBC obtained the approval from Bank of Spain to the banking license for its branch in Spain, which signifies ICBC's successful landing on the Spanish market and becoming the first and unique Chinese commercial bank to set up operating branch in Spain by now.

ICBC (Europe) S.A. Sucursal en España (ICBC Spain Branch) commenced business on January 24th, 2011, offering comprehensive, professional, flexible, effective and diversified banking services at all times. We are positioned to become a financial bridge between China and Spain to boost bilateral economic and trade relationship. Our customers include Chinese invested companies, enterprises with Sino-Spanish trade and investment ties, Spanish corporate, Multinationals and financial institutions. By virtue of ICBC Group's leading market position, quality customer base, diversified business structure, strong innovation and excellent brand value, ICBC Spain Branch can meet various financial requirements such as account opening, deposits, remittances, financing, wealth management, etc.

We have a team of experienced, professional, vigorous and creative staff who work closely with our clients to understand and analyze their needs. We hope to forge a long-term and reliable partnership with our clients to grow and thrive together. For those Chinese and Spanish customers who look to explore trade and investment opportunities in both markets, ICBC Spain Branch can be a dependable business partner and the banking brand of best choice.