ICBC Dubai (DIFC) Branch: Best International Bank Bond Issuer Emea 2018
The Industrial and Commercial Bank of China Limited (ICBC) ranks no. 1 in the Banker’s Top 1000 World Banks ranking, and first on the Forbes Global 2000, and the Fortune Global 500 in the list of the world’s biggest commercial banks from 2013 to 2018. ICBC also ranks no. 1 in the Brand Finance 500 for global banks brand values. It is a public company in terms of work force and customer base, with 2017 assets totaling more than $4 trillion. ICBC was the first Chinese bank to establish operations in the Middle East, and since 2008 it has worked to build mutually beneficial business opportunities between Chinese and MENA region corporations and investors. It contributes to the region’s development as a global hub of trade and finance, with a proactive approach to green finance and international expansion. ICBC recently became the biggest bond-issuer on Nasdaq Dubai with two bonds worth $700m each, increasing its listings to $3.56 bn. ICBC Dubai (DIFC) Branch always pays equal attention to social responsibility, by promoting green finance. In accordance with the energy development strategy and natural resources in MENA countries, it gives strong support to clean coal power, solar energy, and hydro power, etc. and renewable energy development. It also has presence in financing projects involving people’s livelihood, like public transportation. The CFI. co judging panel recognises the strong growth projections for the ICBC Dubai (DIFC) Branch, and commends the company’s continued focus on sustainability. The judges are pleased to present ICBC Dubai (DIFC) Branch. with the Best International Bank Bond Issuer (EMEA) award — for the second consecutive year.
