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Last updated on April 21, 2014 at 1:20 EDT

Latest Industrial and Commercial Bank of China Stories

2014-02-06 08:36:04

NEW YORK, Feb. 6, 2014 /PRNewswire/ -- Helix Financial Systems, L.P. a leading provider of financial software systems, today announced that Industrial and Commercial Bank of China Financial Services ("ICBC"), has implemented HelixRepo for its Fixed Income Financing business and HelixMBS to automate allocation of Mortgage Back Securities (MBS) pools. HelixRepo delivers significant productivity improvements to ICBC by providing collateral management functions, real-time access to...

2013-09-04 00:20:10

PARIS, September 4, 2013 /PRNewswire/ -- Update on the "Transforming for beyond" action plan The first 9 vessels are sold and bareboat chartered Following the transfer of ownership of the first 9 vessels to the Chinese company ICBC Financial Leasing ("ICBCL") as part of a 51 vessel sale and bareboat commitment and the payment of US$144 million, BOURBON announces that the ten-year bareboat charter period of those 9 vessels by...

2013-08-08 12:30:40

LONDON, August 8, 2013 /PRNewswire/ -- Xchanging [http://www.xchanging.com ], the business process, procurement and technology services provider, has announced it has won a new contract with Standard Bank. The contract will see Xchanging supplying financial processing services to one of Africa's largest financial services groups, initially for one year. Xchanging was selected for its expertise in working with major banks to deliver complex business processing solutions,...

2013-04-09 12:21:36

PARIS, April 9, 2013 /PRNewswire/ -- Rolling out "TRANSFORMING FOR BEYOND" BOURBON and ICBC Financial Leasing (China) signed an operating lease Framework agreement for up to US$1.5 billion corresponding to the sale and bareboat charter back for 10 years of up to 51 vessels BOURBON is rolling out a transformation plan for its future growth. As part of...

2013-02-25 08:25:27

NEW YORK, February 25, 2013 /PRNewswire/ -- Today, National Traders Association announced new research reports highlighting General Growth Properties Inc. (NYSE: GGP), Macerich Co (NYSE: MAC), JPMorgan Chase & Co. (NYSE:JPM), Goldman Sachs Group, Inc. (NYSE:GS) and Hasbro, Inc. (NASDAQ:HAS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. General Growth Properties Inc....

2013-01-11 08:20:46

HOUSTON, Jan. 11, 2013 /PRNewswire/ -- The M&G Group ("M&G"), one of the three leading producers in the Americas of PET for packaging applications, announced today that it has signed a US$ 1 billion engineering, procurement and construction contract ("EPC Contract") with Sinopec Engineering (Group) Co., Ltd. ("SEG") for the turnkey construction in Corpus Christi (Texas, US) of the world's largest single line PET plant with a capacity of 1 million tons per year (2.2 billion pounds),...

2012-11-08 08:35:25

HONG KONG, Nov. 8, 2012 /PRNewswire/ -- Pacific Prime is pleased to announce that as of today, it can now offer its clients the re-branded ICBC AXA Ultracare in China. Today is the official launch of the re-branded ICBC-AXA plan from AXA Minmetals. Pacific Prime has also been selected as an intermediary to offer the Ultracare plan to children. Several positive changes have been announced, one change in particular that Pacific Prime clients looking for an international health insurance plan...

2012-10-07 23:01:24

Over the five years through 2012, revenue for the Commercial Banking industry in China has been growing at an annualized rate of 15.4% to an estimated $442.8 billion, says IBISWorld. Weak demand for new medium- and long-term loans, a narrowing interest spread and intensified industry competition are expected to constrain growth in 2012 and beyond, says IBISWorld. However, the number of rural banking establishments will continue to expand, as the rural financial market has the largest consumer...

2011-11-23 05:07:00

BEIJING, Nov. 23, 2011 /PRNewswire-Asia/ -- VisionChina Media Inc. ("VisionChina Media" or the "Company") (Nasdaq: VISN), one of China's largest out-of-home digital television advertising networks on mass transportation systems, today announced that it will hold its 2011 annual general meeting of shareholders at the offices of Simpson Thacher & Bartlett, 35/F ICBC Tower, 3 Garden Road, Central, Hong Kong, Hong Kong S.A.R., at 10:30 a.m. Beijing/Hong Kong time on December 28, 2011 (9:30...

2011-09-26 11:21:00

SEATTLE, Sept. 26, 2011 /PRNewswire/ -- L & L Energy, Inc., (Nasdaq: LLEN) ("L&L" or the "Company"), a U.S.-based company operating coal businesses in China, announced that it has received a written letter of endorsement from the Industrial and Commercial Bank of China ( "ICBC", or the "Bank") on September 22, 2011. The letter states that the Corporate Banking Department of the Bank's Guizhou Province Branch, after study and diligence of L&L's strategic plan and business model,...