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Industrial & Commercial Bank of China Ltd. engages in the provision of commercial banking and financial services. It operates through the following business segments: Corporate Banking, Personal Banking, Treasury Operations, and Others. Read More The Corporate Banking segment provides corporate loans, trade financing, deposit-taking activities, corporate wealth management services, custody activities, and various types of corporate intermediary services to corporations, government agencies and financial institutions. The Personal Banking segment offers personal loans, deposit-taking activities, card business, personal wealth management services, and various types of personal intermediary services to individual customers. The Treasury Operations segment issues money market transactions, investment securities, foreign exchange transactions and the holding of derivative positions, for its own account or on behalf of customers. The Others segment includes assets, liabilities, income, and expenses that cannot be allocated to a segment. The company was founded on January 1, 1984 and is headquartered in Beijing, China. IDCBY is listed on the Pink Current market tier. OTC market data is provided by OTC Markets Group, Inc (otcmarkets.com).
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Simply Wall StMar 15
Should Industrial and Commercial Bank of China Limited (HKG:1398) Be Part Of Your Dividend Portfolio?
Industrial and Commercial Bank of China Limited (HKG:1398) has pleased shareholders over the past 10 years, by paying out dividends.
Yahoo FinanceMar 9
Industrial and Commercial Bank of China Limited (HKG:1398): What Does The Future Look Like?
Since Industrial and Commercial Bank of China Limited (HKG:1398) released its earnings in September 2018, it seems that analyst forecasts are fairly optimistic, as a 6.7% increase in profits is expected in the upcoming year, against the past 5-year average growth rate of 1.5%. Currently with trailing-twelve-month earnings of CN¥282b, we can expect this to reach CN¥301b by 2020. In this article, I’ve outline a few earnings growth rates to give you a sense of the market sentiment for Industrial and Commercial Bank of China in the longer term.
Simply Wall StMar 1