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Category ICBC

China’s top banks to report weak results as economy slows, defaults rise

China’s top banks to report weak results as economy slows, defaults rise

China’s top five banks are seeing more consumer loan defaults.
China considers massive $142B (1 trillion yuan) bank capital infusion

China considers massive $142B (1 trillion yuan) bank capital infusion

China is on the verge of injecting nearly $142.4B (1 trillion yuan) to increase its biggest state bank’s capacity to support its nose-diving econom...
World’s Largest Bank ICBC Sees Bitcoin as Digital Gold — Calls Ethereum ‘Digital Oil’

World’s Largest Bank ICBC Sees Bitcoin as Digital Gold — Calls Ethereum ‘Digital Oil’

The Industrial and Commercial Bank of China (ICBC), the world’s largest bank by total assets, recently compared bitcoin to digital gold and labeled...
Industrial and Commercial Bank of China Report Praises Ethereum as “Digital Oil”

Industrial and Commercial Bank of China Report Praises Ethereum as “Digital Oil”

The Industrial and Commercial Bank of China's recent report compares Bitcoin to gold and Ethereum to "digital oil." Read more... Coincu News
USB stick saves world’s largest bank in cyber crisis

USB stick saves world’s largest bank in cyber crisis

A cyberattack struck the Industrial & Commercial Bank of China Ltd. (ICBC). This event is not just any disruption; it’s a significant blow to the w...