Global reach, resources and reputation for ICBC
By Zhuan Ti | China Daily | Updated: 2014-09-25 08:14
The Industrial and Commercial Bank of China Ltd has recently been granted a branch license to operate in the United Kingdom by the British financial services regulator.
With the new license, ICBC will enjoy greater lending and financing capacity in the UK.
Many insiders view the license as further proof the Chinese bank is increasingly recognized by international banking authorities for its comprehensive strength.
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