Industrial and Commercial Bank of China (Europe) S.A. (abbreviated as ICBC (Europe) S.A.) was officially established on September 5th, 2006, and changed to the present name from ICBC Luxembourg S.A. on January 1st 2011. ICBC (Europe) S.A., together with ICBC Luxembourg Branch established in 1999, the two ICBC operating institutions in Luxembourg share the same team and supplement each other with advantages of different banking licenses, and set up the ICBC regional management platform on Continental Europe.
Headquartered in Luxembourg, one of the world's financial centers, ICBC (Europe) S.A. operates a network covering branches in major European cities, namely Paris, Amsterdam, Brussels, Milan, Madrid, Barcelona, Warsaw and Lisbon. Since the opening, ICBC (Europe) S.A. has been following closely the strategies of ICBC Group, and pursuing “localized operations with featured development”. A sustainable, fast yet sound growth pattern has been developed. It is suitable for ICBC (Europe) S.A. and proven by improving performance indicators such as assets and profitability, the achievement of leap-forward development while maintaining a record of zero non-performing assets.
ICBC (Europe) S.A. and Luxembourg branch both have full banking license. They can provide a rich variety of services including deposits, remittance, loan, trade finance, international settlement, RMB business, currency exchange, clearing, cash management, private banking, investment banking, asset management and custodian services among others. Meanwhile, with highly qualified management and experienced staff, we can serve customers with a full portfolio of quality banking services.
ICBC (Europe) S.A. has been tapping the group advantages and regional resources, and actively providing comprehensive financial services for Chinese companies in Europe while thriving to attract target customers on the local market. Over the years, the overall competitiveness and sustainability has been substantially improved, making the flagship of ICBC in Europe and the most rapidly-growing Chinese commercial bank in the European region.
We strives for organic balance between economic benefits and social responsibility, and makes active efforts in fully integrating with local community by supporting economic and social causes, peace, cultural and philanthropy activities, and has been widely recognized as a responsible leading bank. On June 19th, 2012, Chairman of ICBC (Europe) S.A. was awarded “the Medal of Honor of Luxembourg”, further enhancing our local awareness and influences.