ICBC Austria Bank GmbH

Industrial and Commercial Bank of China Limited (hereinafter referred to as the Bank or ICBC) is the largest commercial bank in China, listed on both the Hong Kong and Shanghai stock exchange. ICBC ranked the 1st place among the Top 1000 World Banks by the British magazine 'Banker'. ICBC has set up 428 institutions covering 49 countries and regions around the world. As an important country in the Central and Eastern Europe and the European Union, the Republic of Austria is of strategic importance to ICBC's global operations. In accordance with its objectives in terms of regional diversification of revenue streams, ICBC has identified Austria as a key area of interest in its expansion strategy. The application has been approved by FMA and ECB in August in 2018. And ICBC Austria Bank GmbH formally started from May in 2019.