On September 20 10, AIA signed a long-term strategic partnership agreement with Industrial and Commercial Bank of China. The two sides plan to develop bank insurance business in Chinese mainland, including bank deposit, asset management, cash management, investment banking, electronic banking, credit card, customer service, financing, credit and staff training.
AIA ranks first in six markets in the Asia-Pacific region, including Hong Kong, Singapore, Thailand, Macau, India and the Philippines.
AIG sells $2 billion in AIA shares
On September 7, 20 12, AIG raised about $2 billion again by selling part of its shares in Asian life insurance company AIA.