Industrial and Commercial Bank of China Ltd. (IDCBY)
As of 2025, Industrial and Commercial Bank of China (ICBC) is the largest bank in the world in terms of total assets under management.3 As China’s largest lender, ICBC has a central part in the country’s financial system and economic development. The bank offers a wide range of services, including corporate and personal banking, asset management, and treasury operations.
ICBC’s vast domestic branch network and growing international presence have helped fuel its expansion. However, the bank faces challenges unique to the Chinese market, including government influence on lending practices and concerns about nonperforming loans in certain sectors.