Latest Industrial and Commercial Bank of China Stories

2014-07-17 12:22:08

BRASILIA, Brazil, July 17, 2014 /PRNewswire/ -- At a signing ceremony witnessed by the Presidents of both nations during Chinese President Xi Jinping's State visit to Brazil, Embraer S.A. inked a sales agreement for up to 20 E190-E2 with China's ICBC Financial Leasing Co., Ltd. (ICBC Leasing). The agreement covers ten firm orders and ten purchase rights. The firm orders for the first 10 aircraft will be included in Embraer's 2014 third quarter backlog. The E190-E2 is the first model...

2014-06-16 00:20:42

Appointed International Distribution Partner by China Film Promotion International to Distribute Chinese Films Overseas; BEVERLY HILLS, Calif. and SHANGHAI, June 15, 2014 /PRNewswire/ -- Relativity Media ("Relativity"), a next-generation media company, today announced at the Shanghai International Film Festival that it has been appointed as the strategic international distribution partner for Chinese language films licensed by China Film Promotion International ("CFPI"), a state-owned...

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...

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...

Word of the Day
  • A punctuation mark (/) used to separate related items of information.
  • A little rod; a twig.
This word comes from the Late Latin 'virgula,' accentual mark, a diminutive of 'virga,' rod.