Trade Industrial and Commercial Bank of China Limited - 1398 CFD

ICBC Company profile

About Industrial and Commrcl Bank of China Ltd

Industrial and Commercial Bank of China Ltd is a China-based company principally engaged in the provision of banking and related financial services. The Bank mainly operates three segments, including Corporate Banking segment, Personal Banking segment and Treasury segment. The Corporate Banking segment provides loan, trade financing, deposit, corporate finance, custody and other related financial products and services to enterprises, government agencies and financial institutions. The Personal Banking segment provides loan, deposit, bank card, personal finance and other related financial products and services to individual customers. Treasury segment includes money markets business, securities investment business, self and valet foreign exchange trading and derivative financial instruments business. The Company conducts its businesses within domestic and overseas markets.

Financial summary

BRIEF: For the nine months ended 30 September 2021,Industrial and Commrcl Bank of China Ltd interest incomeincreased 5% to RMB858.47B. Net interest income after loanloss provision increased 9% to RMB331.83B. Net incomeincreased 10% to RMB251.82B. Net interest income after loanloss provision reflects increase in interest earning assetsand decrease in interest bearing liabilities. Net incomebenefited from Other operating income.

Equity composition

11/2010, Rights Issue, .45 new shares for every 10 sharesheld @ HKD 3.49 (Factor: 1.019264)A shares:11/2010, Rights Issue, 0.45 new shares for every10 shares held @ CNY 2.99 ( Factor=1.017616)