• About
  • Advertise
  • Careers
Thursday, February 25, 2021
No Result
View All Result
NEWSLETTER
Forbes
-18 °c
  • Home
    • Home – Layout 1
  • World
  • Politics
  • Business
  • Science
  • Tech
    The value of cabinet-free drive technology  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    The value of cabinet-free drive technology

    How Fast Is Technology Changing College Athletics? Blink, And You’ll Miss It  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    How Fast Is Technology Changing College Athletics? Blink, And You’ll Miss It

    INSIGHT: 5G and hotel security technology in the ’20s  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    INSIGHT: 5G and hotel security technology in the ’20s

    Significance of Release Agents for Die Casting Technology  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Significance of Release Agents for Die Casting Technology

    APPLE IPAD PRO 5G WILL USE MILLIMETER WAVE TECHNOLOGY  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    APPLE IPAD PRO 5G WILL USE MILLIMETER WAVE TECHNOLOGY

    What’s hot and what’s a bot – theme park digital technology predictions for 2020  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    What’s hot and what’s a bot – theme park digital technology predictions for 2020

    Trending Tags

    • Sillicon Valley
    • Climate Change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Asian Wrestling Championships  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Star to broadcast Asian Wrestling Championships

    PSL matches in Pakistan  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Looking forward to exciting PSL matches in Pakistan, says Ronchi

    Effectively using sports education to promote health and wellbeing  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Effectively using sports education to promote health and wellbeing

    Dick’s Sporting Goods Is Investing Millions in Women’s Sports  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Dick’s Sporting Goods Is Investing Millions in Women’s Sports

    Spotify is buying The Ringer to boost its sports podcast content  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Spotify is buying The Ringer to boost its sports podcast content

    After Huge $170 Million Fine, YouTube Music Puts Limits on ‘Made for Kids’ Content  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    After Huge $170 Million Fine, YouTube Music Puts Limits on ‘Made for Kids’ Content

    What Song Is In The Fast & Furious 9 Trailer?  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    What Song Is In The Fast & Furious 9 Trailer?

    Dance music act Wolfpack on working with Fatman Scoop and updating Gabrielle’s classic hit  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Dance music act Wolfpack on working with Fatman Scoop and updating Gabrielle’s classic hit

    Singer Billie Eilish sweeps top awards at Grammys  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Singer Billie Eilish sweeps top awards at Grammys

  • Lifestyle
    • All
    • Fashion
    • food
    • Health
    • Travel
    Coronavirus: Test data ‘reassuring for front-line healthcare workers’  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Coronavirus: Test data ‘reassuring for front-line healthcare workers’

    When the Covid-19 pandemic is over, health care must not return to business as usual  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    When the Covid-19 pandemic is over, health care must not return to business as usual

    Piers Morgan called Victoria Beckham a ‘pampered primadonna’ for furloughing her staff instead of paying their wages herself  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Piers Morgan called Victoria Beckham a ‘pampered primadonna’ for furloughing her staff instead of paying their wages herself

    How the Apple Watch went from fashion accessory to fitness must-have  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    How the Apple Watch went from fashion accessory to fitness must-have

    Office Of The Attorney General Helps With COVID-19 Travel Concerns  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Office Of The Attorney General Helps With COVID-19 Travel Concerns

    Cyprus’ Entry and Travel Restrictions Amid Coronavirus  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Cyprus’ Entry and Travel Restrictions Amid Coronavirus

    Health care of tomorrow, today: How artificial intelligence is fighting the current, and future, COVID-19 pandemic  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Health care of tomorrow, today: How artificial intelligence is fighting the current, and future, COVID-19 pandemic

    Using the magic of technology to deliver better health and care  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Using the magic of technology to deliver better health and care

    How one hospital system is using technology to reduce health care providers’ exposure to coronavirus  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    How one hospital system is using technology to reduce health care providers’ exposure to coronavirus

    Alan raises another $54.4 million for its health insurance product  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Alan raises another $54.4 million for its health insurance product

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Home
    • Home – Layout 1
  • World
  • Politics
  • Business
  • Science
  • Tech
    The value of cabinet-free drive technology  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    The value of cabinet-free drive technology

    How Fast Is Technology Changing College Athletics? Blink, And You’ll Miss It  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    How Fast Is Technology Changing College Athletics? Blink, And You’ll Miss It

    INSIGHT: 5G and hotel security technology in the ’20s  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    INSIGHT: 5G and hotel security technology in the ’20s

    Significance of Release Agents for Die Casting Technology  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Significance of Release Agents for Die Casting Technology

    APPLE IPAD PRO 5G WILL USE MILLIMETER WAVE TECHNOLOGY  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    APPLE IPAD PRO 5G WILL USE MILLIMETER WAVE TECHNOLOGY

    What’s hot and what’s a bot – theme park digital technology predictions for 2020  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    What’s hot and what’s a bot – theme park digital technology predictions for 2020

    Trending Tags

    • Sillicon Valley
    • Climate Change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Asian Wrestling Championships  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Star to broadcast Asian Wrestling Championships

    PSL matches in Pakistan  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Looking forward to exciting PSL matches in Pakistan, says Ronchi

    Effectively using sports education to promote health and wellbeing  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Effectively using sports education to promote health and wellbeing

    Dick’s Sporting Goods Is Investing Millions in Women’s Sports  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Dick’s Sporting Goods Is Investing Millions in Women’s Sports

    Spotify is buying The Ringer to boost its sports podcast content  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Spotify is buying The Ringer to boost its sports podcast content

    After Huge $170 Million Fine, YouTube Music Puts Limits on ‘Made for Kids’ Content  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    After Huge $170 Million Fine, YouTube Music Puts Limits on ‘Made for Kids’ Content

    What Song Is In The Fast & Furious 9 Trailer?  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    What Song Is In The Fast & Furious 9 Trailer?

    Dance music act Wolfpack on working with Fatman Scoop and updating Gabrielle’s classic hit  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Dance music act Wolfpack on working with Fatman Scoop and updating Gabrielle’s classic hit

    Singer Billie Eilish sweeps top awards at Grammys  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Singer Billie Eilish sweeps top awards at Grammys

  • Lifestyle
    • All
    • Fashion
    • food
    • Health
    • Travel
    Coronavirus: Test data ‘reassuring for front-line healthcare workers’  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Coronavirus: Test data ‘reassuring for front-line healthcare workers’

    When the Covid-19 pandemic is over, health care must not return to business as usual  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    When the Covid-19 pandemic is over, health care must not return to business as usual

    Piers Morgan called Victoria Beckham a ‘pampered primadonna’ for furloughing her staff instead of paying their wages herself  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Piers Morgan called Victoria Beckham a ‘pampered primadonna’ for furloughing her staff instead of paying their wages herself

    How the Apple Watch went from fashion accessory to fitness must-have  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    How the Apple Watch went from fashion accessory to fitness must-have

    Office Of The Attorney General Helps With COVID-19 Travel Concerns  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Office Of The Attorney General Helps With COVID-19 Travel Concerns

    Cyprus’ Entry and Travel Restrictions Amid Coronavirus  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Cyprus’ Entry and Travel Restrictions Amid Coronavirus

    Health care of tomorrow, today: How artificial intelligence is fighting the current, and future, COVID-19 pandemic  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Health care of tomorrow, today: How artificial intelligence is fighting the current, and future, COVID-19 pandemic

    Using the magic of technology to deliver better health and care  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Using the magic of technology to deliver better health and care

    How one hospital system is using technology to reduce health care providers’ exposure to coronavirus  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    How one hospital system is using technology to reduce health care providers’ exposure to coronavirus

    Alan raises another $54.4 million for its health insurance product  ICBC: Global markets business heading towards better quality and efficiency jeg empty

    Alan raises another $54.4 million for its health insurance product

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
No Result
View All Result
Forbes
No Result
View All Result
Home Business

ICBC: Global markets business heading towards better quality and efficiency

Industrial and Commercial Bank of China (ICBC) has become one of the world’s leading banks by combining a solid foundation with strategic transformation and updating to its business.

by Mehwish Khan
12th January 2020
in Business
0
ICBC: Global markets business heading towards better quality and efficiency  ICBC: Global markets business heading towards better quality and efficiency jeg empty
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter

The global markets business is an important engine for promoting the operational transformation of commercial banks and enhancing comprehensive service capabilities. It’s playing an increasingly vital role by creating positive opportunities to other business clusters and nurturing the resilience of the bank.

ICBC has been sensibly responding to the latest trends in global economies and international financial markets. While constantly seeking to provide an innovative global markets business, ICBC has established four business segments: investment, financing, underwriting and trading. It has a complete suite of services that incorporate foreign exchange (FX) transactions, paper trading, commodity trading, interest rate swaps, OTC bond, agent bond and FX transactions. The bank is fully devoted to providing its clients with all-round, high-quality global markets products and services.

LENDING STRONGER SUPPORT TO THE REAL ECONOMY

ICBC also continues to enhance its capacity to serve the real economy. Specifically, ICBC helps to boost supply-side structural reform, aiming to meet the financial demand in production, people’s livelihood and other fields, and actively participates in the investment of government and corporate bonds in relation to key projects, notably those focused on improving people’s livelihoods and serving green and low-carbon ends. The total investment balance in domestic and foreign currency denominated bonds has already exceeded Rmb6 trillion.

As a global systemically important bank, ICBC provides liquidity support to other market participants via a sophisticated usage of money-market tools. The average annual transaction of its interbank money-market business has exceeded Rmb40 trillion in the past five years, which is conducive to the stable operation of the financial markets.

ICBC actively implements China’s national policy to increase the weight of direct financing. While vigorously developing bond underwriting business, ICBC is eyeing for reducing financing thresholds and costs. In recent years, the bank has made great strides to help issuers meet their capital needs and reduce debt financing costs by designing tailored product solutions, selecting the right issuing time and strengthening the distribution network. It has maintained the top position in underwriting among market participants for 12 consecutive years.

CONTINUOUSLY STRENGTHENING RISK CONTROL

Relying on its global 24-hour centralised trading system, ICBC takes a “moat” of risk pre-transaction control system as a safeguard and provides support for the group’s global markets business transactions, operations, management and risk control. The bank constantly perfects the “four-in-one” system, which is composed of management measures, operating procedures, trading guidelines and internal control policies to prevent various risks in credit, markets, operations and other aspects.

PROCEEDING IN BUSINESS INNOVATION AND DEVELOPMENT

In opening up and advancing the Belt and Road (B&R) Initiative, ICBC has grasped strategic opportunities to meet clients’ demand for risk hedging, currency conversion and trading. The transaction amount of interest rates, exchange rates, commodities, credit and others totaled nearly Rmb80 trillion in 2018.

ICBC is among the first to launch RMB interest rate swap transaction in the market. Since the launch of a new quotation mechanism of loan prime rate (LPR), the first LPR-linked IRS trade in the market was completed by ICBC. Partnering with China Central Depository & Clearing Co. and Singapore Exchange, ICBC has launched ChinaBond-ICBC RMB Bond Indices for overseas institutional investors investing in RMB bonds in China, providing another avenue to tap on investment opportunities in China. FX settlement and sales have been conducted in 34 currencies, FX trading in more than 90 currencies, including 50 B&R currencies, of major countries along B&R.

ICBC supplies several transaction varieties, such as spot, forward, swap, currency swap, option, and the clients can conduct the transactions through the counter, Online Banking, Mobile Banking, E-trading Platform and Banks Cooperation Platform.

ICBC has taken the lead in establishing a corporate commodity transaction system in China’s banking industry, comprising 44 products in five categories: precious metals, base metals, energy, agricultural products and soft commodities. It is the first Chinese bank to establish the paper trading system that covers paper precious metals, paper energy, paper agricultural products, paper FX and paper base metals.

The bank is also among the first to create a Credit Risk Mitigation Warrant for private enterprises. It is the first to independently research, develop and launch an electronic trading platform in China to provide global markets product transaction services, such as FX and commodity trading. ICBC is also the forerunner in opening up China’s interbank markets and has established cooperation relationships with overseas institutional investors from 40 countries and regions.

SUPPORTING CLIENT WITH PROFESSIONAL SERVICES

ICBC has a high-quality team of global markets business traders as well as a business support staff composed of dedicated and experienced professionals covering system construction, business management, product research and development, and marketing. They provide comprehensive and timely market services for clients.

In the future, ICBC will continue to stick to its principles of providing a safe and solid foundation to conduct business while innovating and constantly improving its product suite, trading ability, client experience, and comprehensively expand, strengthen and perfect its global markets business. ICBC strives to become the first choice of clients and a market-leading global markets business service institution.

Tags: Global markets businessICBC
Mehwish Khan

Mehwish Khan

Next Post
Panasonic India eyes ₹500-cr revenue from solar business in 3-4 years  ICBC: Global markets business heading towards better quality and efficiency jeg empty

Panasonic India eyes ₹500-cr revenue from solar business in 3-4 years

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

ICBC: Global markets business heading towards better quality and efficiency jeg empty

Trump-May Special Relationship Gets Special Treatment In The Streets of London

1 year ago
New york Fashion Week  ICBC: Global markets business heading towards better quality and efficiency jeg empty

Sania Maskatiya showcased resort at New york Fashion Week

1 year ago

Popular News

    Forbes

    © 2020 Forbese . All Rights Reserved.

    Forbese is a global media company, focusing on business, investing, technology, entrepreneurship!

    • About
    • Advertise
    • Careers

    Follow Us

    No Result
    View All Result
    • Home
    • Politics
    • World
    • Business
    • Science
    • National
    • Entertainment
    • Gaming
    • Movie
    • Music
    • Sports
    • Fashion
    • Lifestyle
    • Travel
    • Tech
    • Health
    • Food

    © 2020 Forbese . All Rights Reserved.

    Login to your account below

    Forgotten Password? Sign Up

    Fill the forms bellow to register

    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In