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Industrial and Commercial Bank of China Ltd (1398.HK)

1398.HK on Hong Kong Stock

6.19HKD
17 Nov 2017
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Mon, Oct 30 2017

UPDATE 1-China's top bank ICBC Q3 profit rises 3.3 pct, above estimates

* Net interest margin rises to 2.17 pct from 2.16 pct end-June (Adds details, share price)

China's top bank ICBC Q3 profit rises 3.3 pct, above estimates

BEIJING, Oct 30 Industrial and Commercial Bank of China (ICBC), the country's biggest-listed lender by assets, reported on Monday a 3.3 percent rise in net profit for the third quarter.

BRIEF-Industrial and Commercial Bank of China posts Q3 net interest income of RMB ‍133.23 bln

* QTRLY NET INTEREST INCOME RMB ‍133,229​ MILLION VERSUS RMB 117,078 MILLION Source text ID: (http://bit.ly/2xx25Jf) Further company coverage:

BRIEF-Benxi Steel signs $3 billion debt-to-equity deal with ICBC

BEIJING, Sept 27 Benxi Steel Group Corp on Wednesday said it had signed a 20 billion yuan ($3.01 billion) debt-to-equity cooperation framework agreement with the Liaoning branch of Industrial and Commercial Bank of China (ICBC).

ICBC exec: will strictly implement U.N. resolutions on N.Korea

BEIJING, Sept 25 Industrial and Commercial Bank of China (ICBC) will strictly implement United Nations' resolutions on North Korea, an executive of the bank said on Monday.

Spain probes ICBC's European unit over money laundering

MADRID/HONG KONG Spain has launched an investigation into the European management of the Industrial and Commercial Bank of China (ICBC) in Luxembourg as part of a widening probe into the alleged laundering of hundreds of millions of euros through the Chinese banking giant's Madrid branch.

UPDATE 2-Spain probes ICBC's European unit over money laundering

MADRID/HONG KONG, Sept 11 Spain has launched an investigation into the European management of the Industrial and Commercial Bank of China (ICBC) in Luxembourg as part of a widening probe into the alleged laundering of hundreds of millions of euros through the Chinese banking giant's Madrid branch.

Spanish court says criminal responsibility for 7 officials' arrests extends to ICBC Luxembourg

MADRID, Sept 11 Spain's High Court on Monday said the criminal responsibility for the investigations into money laundering which resulted in the arrests of seven officials of the Industrial and Commercial Bank of China in Madrid last year extended to the bank's European headquarters, ICBC Luxembourg.

BRIEF-ICBC receives CBRC approval in relation to qualification of non-executive directors

* Received CBRC approval in relation to qualification of Mei Yingchun & Dong Shi as non-executive directors Source text (http://bit.ly/2vYtpyM) Further company coverage:

China's ICBC will follow cabinet rules on overseas M&A

BEIJING The world's largest lender Industrial and Commercial Bank of China (ICBC) said on Wednesday it would follow restrictions set by the country's cabinet on overseas acquisitions.

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