ASIAMONEY Best Domestic Bank Awards: China
Each year we reveal which domestic banks, equity brokerages and debt houses stand out for excellent performance. In China, ICBC gains acclaim for its expansion strategy and strength managing its loan book, while CICC and Bank of China cement their leading status in equities and debt deals.
Best domestic bank: Industrial & Commercial Bank of China (ICBC)
For its bearish attitude toward its own growth, and the management of its loan book, the Industrial & Commercial Bank of China (ICBC) is Asiamoney’s top pick for China’s best domestic bank.In 2011 ICBC’s net profit rocket 25.6% from ...