01/07/2015

Jianqing Jiang, CEO of ICBC Group CCB, opens the European trading day in Paris

Euronext and ICBC celebrate the signature of the Memorandum of Understanding.

The MOU (Memorandum of Understanding ), signed in Paris in the presence of the Prime Minister of France, Mr. Manuel Valls and the Premier of the State Council of the People’s Republic of China,

Mr. LI Keqiang will aim to enhance ICBC’s access to European capital markets, by exploring the bank’s application for becoming a trading member of the markets operated by Euronext; facilitating access to Euronext products and markets and enabling payment and settlement in RMB.

Through its continuous endeavor and stable development, the Bank has developed into the top large listed bank in the world, possessing an excellent customer base, a diversified business structure, strong innovation capabilities and market competitiveness. The Bank has its presence in six continents, and its overseas network has expanded to 41 countries and regions.The Bank provides comprehensive financial products and services to 5,090 thousand corporate customers and 465 million personal customers by virtue of the distribution channels consisting of 17,122 domestic institutions, 338 overseas institutions and 2,007 correspondent banks worldwide, as well as through its E-banking network comprising a range of Internet and telephone banking services and self-service banking centers, forming a diversified and internationalized operating structure focusing on commercial banking business and maintaining a leading position in the domestic market in the commercial banking sector.In 2014, the Bank was named the “Global Bank of the Year” by The Banker, ranked the first place among the Top 1000 World Banks by the Banker and the largest enterprise in the world among the Global 2000 listed by the US magazine Forbes for the second consecutive year.