|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||14.15 - 14.50|
|52 Week Range||13.66 - 19.15|
|PE Ratio (TTM)||5.91|
|Forward Dividend & Yield||0.76 (5.20%)|
|1y Target Est||N/A|
China's ICBC Leasing has emerged as the major financier behind a provisional $8.8 billion order at list prices for 80 Airbus A320neo single-aisle jets, a person familiar with the matter said. Airbus reported ...
FARNBOROUGH, England (Reuters) - China's ICBC Leasing has emerged as the major financier behind a provisional $8.8 billion order at list prices for 80 Airbus A320neo single-aisle jets, a person familiar ...
July 11 (Reuters) - Beijing-based spokesman for Industrial and Commercial Bank of China says: * FRIDAY MEDIA REPORTS ON ICBC CONSIDERING TO ACQUIRE A DEUTSCHE BANK STAKE NOT FACTUAL Further company coverage: ...
July 4 (Reuters) - Jiangmen Sugarcane Chemical Factory Co Ltd: * SAYS IT SIGNS FINANCIAL SERVICE FRAMEWORK AGREEMENT WORTH UP TO 5.0 BILLION YUAN WITH ICBC'S JIANGMEN BRANCH Source text in Chinese: https://bit.ly/2KL0MjY ...
Moody's Investors Service has affirmed ICBC International Holdings Limited's issuer ratings at A2/P-1. At the same time, Moody's has withdrawn the outlook on ICBC International's long-term issuer ratings for business reasons.
Moody's Investors Service has affirmed Industrial and Commercial Bank of China (Macau) Limited's (ICBC Macau) Baseline Credit Assessment (BCA) at baa3 and upgraded the bank's Adjusted BCA to baa1 from baa2. At the same time, Moody's has affirmed the bank's deposit ratings at A2/P-1, CD Program ratings at (P)A2/ (P)P-1, and its Counterparty Risk Assessment (CRA) at A1(cr)/P-1(cr).
Large banks such as Industrial and Commercial Bank of China Limited (HKG:1398), with a market capitalisation of HK$2.39t, have benefited from improving credit quality as a result of post-GFC recovery,Read More...
Moody's Investors Service has today affirmed all the ratings and maintained all the outlooks for the New Zealand subsidiaries of three Chinese banks at their current levels, namely, Bank of China (New ...
Sino Land, China Overseas Land & Investment, and Industrial and Commercial Bank of China have one big thing in common. They are on my list of the best dividend stocksRead More...
Moody's Investors Service has assigned a P-1 letter of credit-backed rating to District of Columbia General Obligation Commercial Paper Bond Anticipation Notes, Series 2018 (the Notes). The Industrial and Commercial Bank of China Limited (the Bank) will issue a letter of credit (LOC) to support the Notes. Upon the effective date of the LOC, the rating on the Notes will be based on (i) the LOC provided by the Bank, (ii) the structure and legal protections of the transaction which provide for timely payment of principal and interest to Note holders, and (iii) our evaluation of the credit quality of the Bank issuing the LOC.
Moody's Investors Service has assigned (P)A2/ (P)P-1 local currency senior unsecured program ratings to Horse Gallop Finance Limited's USD2 billion backed medium-term note (MTN) program. Horse Gallop Finance, incorporated in the British Virgin Islands, is a wholly owned subsidiary of ICBC International Holdings Limited (A2 stable), which is in turn wholly-owned by Industrial & Commercial Bank of China Ltd (A1 stable, baa2 baseline credit assessment). The (P)A2/(P)P-1 MTN program ratings take into account an unconditional and irrevocable guarantee from ICBC International and is in line with ICBC International's A2/P-1 issuer ratings.
Over the past 10 years Industrial and Commercial Bank of China Limited (SEHK:1398) has grown its dividend payouts from CN¥0.15 to CN¥0.3. With a market cap of HK$2.60T, Industrial andRead More...
Moody's Investors Service today affirmed the ICBC Standard Bank Plc's (ICBC SB) long- and short-term deposit ratings of Baa3/Prime-3 and the bank's long-term issuer rating of Baa3. At the same time, the rating agency upgraded ICBC SB's baseline credit assessment (BCA) to ba3 from b1, its adjusted BCA to baa2 from baa3, and its subordinated debt rating to Baa3 from Ba1.
Industrial and Commercial Bank of China Financial Services agreed to pay $5.3 million on Wednesday to settle charges by the Financial Industry Regulatory Authority that it did not have adequate anti-money laundering systems in place to monitor and detect suspicious transactions. In a separate matter, the U.S. Securities and Exchange Commission said on Wednesday that ICBC's financial services unit agreed to pay an $860,000 fine for problems also related to its anti-money laundering policies, including failing to file suspicious activity reports. The actions by FINRA and the SEC are the latest in a string of regulatory probes or fines by U.S. and European regulators over anti money-laundering and know-your-customer controls by Chinese banks.
The U.S. Securities and Exchange Commission said on Wednesday that Chardan Capital Markets and Industrial and Commercial Bank of China Financial Services have settled charges that they failed to report suspicious sales of billions of penny stock shares. Chardan will pay a $1 million penalty as part of its settlement, while ICBCFS, a unit of Industrial and Commercial Bank of China Ltd will pay $860,000, the SEC said. The agency said it found that Chardan's anti-money laundering official, Jerard Basmagy, caused the firm's violations.
Moody's Investors Service has assigned A2 backed senior unsecured debt ratings to ICBCIL Finance Co. Limited's senior unsecured note drawdowns under its (P)A2-rated medium-term note (MTN) program. ICBCIL Finance, incorporated in Hong Kong, is an indirect wholly owned subsidiary of Industrial & Commercial Bank of China Ltd (ICBC, deposits A1 stable, BCA baa2) and a sister company of ICBC Financial Leasing Co., Ltd. (A1 stable).
Spain's Caixabank on Thursday denied any collaboration or participation in money laundering activities related to a case against China's ICBC . Spain's High Court had previously placed Caixabank under ...
A great investment for income investors with a long time horizon is in dividend-paying companies like Great Eagle Holdings. Dividend stocks are a safe bet to increase your portfolio valueRead More...
Issuance of contingent convertible bonds (CoCos) surged 68% to $133 billion last year as Chinese banks returned to the market, says Moody's Investors Service in a report published today. The report, "Banks ...
BEIJING/SHANGHAI (Reuters) - China's top lenders are reporting their best profit growth in three years on better net interest margins, with Beijing's crackdown on shadow financing and high leverage expected to further drive recovery this year. The strong 2017 results suggest that Beijing has been successful in pushing smaller lenders to cut their exposure to riskier financing practices - in turn helping reduce competition for the state-backed behemoths. "The banks that will do well this year are those that have national franchises, "safe" brands, relatively clean balance sheets, competitive products, sticky core deposits and strong credit skills," said John Ott, partner with Bain & Company and a leader with its Greater China financial services practice.
China’s biggest banks are set for a boost in valuations as analysts expect a strengthening economy will fuel loan demand and margins.