Industrial and Commercial Bank of China (ICBC)

Industrial and Commercial Bank of China Ltd. (ICBC) is the largest bank in the world by total assets and market capitalization. It is one of China's 'Big Four' state-owned commercial banks (the other three being the Bank of China, Agricultural Bank of China, and China Construction Bank). It was founded as a limited company on January 1, 1984.

ICBC was simultaneously listed on both the Hong Kong Stock Exchange and Shanghai Stock Exchange on 27 October 2006. It was the world's largest IPO at that time valued at US$21.9 billion. ICBC promoted investment banking services together with commercial banking services and gathered its pace to tap into different markets (bond, capital, M&A, private equity). Under a service model of "Finance + Advisory" for restructuring/M&A, ICBC used M&A fiduciary, M&A wealth management, M&A loans, cross-border syndication to raise funds and arrange syndication for customers.