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IDCBF News and Press, Industrial & Coml Bk H Sh From 08/31/22

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Company Name: Industrial & Coml Bk H Sh
Stock Symbol: IDCBF
Market: OTC

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IDCBF - Industrial & Commercial Bank of China Ltd. (IDCBY) H1 2022 Earnings Call Transcript

Industrial & Commercial Bank of China Ltd. (IDCBY) H1 2022 Results Earnings Conference Call August 30, 2022, 06:30 AM ET Company Participants Guan Xueqing - Board Secretary Liao Lin - President Zhang Wenwu - Vice President Zhou Yueqiu - Chief Economist ...

IDCBF - Chinese banks extend lead as the world's biggest banks in 2021

Chinese banks increased their lead as the biggest financial institutions in the world in 2021 and U.S. banks also improved their rankings while many European banks lost ground, according to S&P Global Market Intelligence's annual ranking of the 100 largest banks in terms of tota...

IDCBF - Industrial and Commercial Bank of China Limited (IDCBY) 2021 Annual Results - Call Transcript

Industrial and Commercial Bank of China Limited (IDCBY) 2021 Annual Results Conference Call March 30, 2022, 06:00 AM ET Company Participants Liao Lin - President Zhang Wenwu - VP Zhang Wenwu - VP Guan Xueqing - Board Secretary Lu Yongzhen - Directors Feng Weidong - Non-Executive Directors Cao...

IDCBF - China's central bank lowers banks' reserve ratio to bolster liquidity

The People’s Bank of China will cut the required reserve ratio for financial institutions by 0.5 percentage points on Dec. 15, 2021, a move that injects liquidity into the country’s economy.. That will bring the weighted average RRR for financial institutions to 8.4% after the r...

IDCBF - Industrial and Commercial Bank of China Limited (IDCBY) Q2 2021 Results - Earnings Call Transcript

Industrial and Commercial Bank of China Limited (IDCBY) Q2 2021 Earnings Conference Call August 27, 2021, 7:00 AM ET Company Participants Liao Lin - Vice Chairman and President Zhang Wenwu - Vice President Xu Shouben - Vice President Guan Xueqing - Board Secretary Song Jianhua - Chief Busines...

IDCBF - Goldman Sachs, ICBC wealth management joint venture gets China approval

Goldman Sachs's (GS) proposed wealth management joint venture with Industrial & Commercial Bank of China (IDCBY) (IDCBF) receives Chinese regulators' approval, allowing the Wall Street firm entry into the country's growing financial sector, the Wall Street Journal reports.Under the JV, Go...

IDCBF - Industrial and Commercial Bank of China Limited reports FY results

Industrial and Commercial Bank of China Limited (IDCBF): FY GAAP EPS of RMB0.86.Net interest income of RMB646.76B (+2.3% Y/Y)Press Release For further details see: Industrial and Commercial Bank of China Limited reports FY results

IDCBF - Ant IPO And Central Bank Digital Currency: A New Era Of China's Financial Regulation

China's new FinTech regulations that halted Ant Financial's IPO could reduce its valuation by as much as $140 billion, according to Bloomberg. Linking to Digital Yuan's pilot launch last month, I argue that the suspension fundamentally reflect regulator's increasing concerns to preser...

IDCBF - Industrial and Commercial Bank of China Limited reports Q3 results

Industrial and Commercial Bank of China Limited (IDCBF): Q3 Net profit of RMB80.38B.Operating income of RMB197.9B (+3.9% Y/Y)Press Release For further details see: Industrial and Commercial Bank of China Limited reports Q3 results

IDCBF - China's largest banks post worst profit decline in more than a decade

Five of China's biggest banks, which account for more than one-third of the industry's total assets, all said net profit fell more than 10% year-over-year in the first half of 2020, according to new stock exchange filings. More news on: Industrial and Commercial Bank of China Limited, Agri...

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