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Bank ICBC Indonesia Contributes in Indonesia’s Economic Development

Participation in Indonesia Business & Development Expo 2016

 

 

 

 

Jakarta, 8 September 2016. In line with the mission to be the economic, financial, and cultural bridge between Indonesia and China, Bank ICBC Indonesia continuously contributes to Indonesia’s economic development. This was stated by Director of Bank ICBC Indonesia Jeff Eman during his presentation in the Minister Lecture & International Conference which was part of Indonesia Business & Development Expo 2016 (IBD Expo 2016) series of events.

 

 

 

About Bank ICBC Indonesia

 

Established in 2007 through the acquisition of Bank Halim, Bank ICBC Indonesia is a subsidiary to the largest bank in the world by asset, ICBC Limited, which is headquartered in Beijing. Bank ICBC Indonesia carries a mission to be the economic, financial and cultural bridge between Indonesia and China. In its almost 9 years of operations, Bank ICBC Indonesia has set its footprint throughout Indonesia with 22 branches across 7 (seven) provinces in Indonesia. Bank ICBC Indonesia has received a number of accolades from different institutions, the latest of which include, Golden Trophy with “Excellent” predicate from Infobank Magazine (2011 - 2015), and among the 20 best banks in 2016 and 5 best banks with asset category of IDR25 trillion – IDR100 trillion according to Investor Magazine. Bank ICBC Indonesia also received “AAA (idn)” rating with stable outlook from international rating agency Fitch (2015) and “Baa2” rating with stable outlook from Moody’s, the international rating agency (2014).

 

About ICBC Limited

 

Industrial and Commercial Bank of China Limited (ICBC Limited) was established in 1984, which at the end of 2015 became world's largest bank by assets (USD 3,45 trillion) and Tier-1 Capital (USD274 billion). ICBC Limited is also one of world's systematically important banks.

 

Through its more than 17,000 offices in China and 361 overseas institutions througout the world, ICBC Limited serves 496 million individual customers, 5.3 million non-individual clients, and 750 million bank cards.


(2016-09-21)