Company Profile For Industrial And Commercial Bank of China Limited

Industrial and Commercial Bank of China Limited (ICBC) is a China-based commercial bank. The Bank provides personal banking services, including personal savings, loans, bank card services, credit card services, fund investment and personal financing services, among others; corporate banking services, including corporate deposits, loans, international settlements, international financing, management of corporate annuity, assets custody, investment banking and trade financing services, among others, as well as electronic banking services, Internet banking services and telephone banking services. The Bank also offers charge agency services.

BRIEF: For the nine months ended 30 September 2009, Industrial and Commercial Bank of China Limited's interest income decreased 8% to RMB300.82B. Net interest income after LLP increased less than 1% to RMB163.47B. Net income rose 8% to RMB99.91B. Net interest income reflects lower yield from interest earning assets. Net income after LLP benefited from lower interest expense. Net income also benefited from higher commission income.