ICBC—The global bank
Abstract
The Industrial and Commercial Bank of China (ICBC) is a success story of a Chinese firm growing domestically and then strategically expanding abroad. In 2018, ICBC was the largest bank (by assets) in the world, and operated more than 16,800 Chinese domestic institutions and 400 institutions overseas. Founded in 1984, the bank is headquartered in Beijing and offers corporate banking, personal banking, and treasury operations. By examining its growth and corporate strategy, the chapter provides insights on the ways Chinese banks have leveraged domestic competitive advantages and explored international expansion.
Keywords
Banking sector; Branding; Internationalization; Banking regulation; State support
Seizing ...
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