Posts Tagged ‘ ICBC ’

China's ICBC To Take Stake In Canadian Branch Of BEA

Jun 11th, 2009 | By ChinaRetailNews.com Editor | Category: Banking & Payment

The Industrial and Commercial Bank of China has reached an agreement with the Bank of East Asia on an equity transaction, in which ICBC will acquire a 70% stake in the Canadian subsidiary of BEA for CAD80.25 million.



ICBC Opens First Bank In Middle East

Oct 23rd, 2008 | By ChinaRetailNews.com Editor | Category: Banking & Payment

The Industrial and Commercial Bank of China has opened its first wholly-owned Middle East subsidiary bank in Dubai, the economic and financial center of the United Arab Emirates.