According to the business scope approved by Reserve Bank of India, Mumbai Branch of Industrial and Commercial Bank of China can conduct full-featured banking business in India, including corporate finance, retail finance and investment banking, and can provide a package of banking financial services to various local customers in India.
China Industrial and Commercial Bank is the largest commercial bank in China and the largest commercial bank with tier-one capital in the world. Through continuous efforts and steady development, China Industrial and Commercial Bank has entered the ranks of the world's leading big banks, with a high-quality customer base, diversified business structure, strong innovation ability and market competitiveness. Its business spans six continents, and its overseas network has expanded to 40 countries and regions. Through 65,438+07,245 domestic institutions, 329 overseas institutions and 65,438+0,903 correspondent banks, as well as online banking, telephone banking and self-service banking, it has provided a wide range of financial products and services to 4.735 million corporate customers and 432 million individual customers, forming a comprehensive commercial bank. In 20 13, China Industrial and Commercial Bank was rated as the top of the world's 1000 largest banks by British Banker magazine, the largest enterprise in the world by Forbes magazine, and was selected as a global systemically important bank for the first time.
With its leading market position, high-quality customer base, diversified business structure, strong innovation ability and excellent brand value, China Industrial and Commercial Bank Mumbai Branch will highlight the first-Mover advantage of the first bank in China in the Indian market, seize the favorable opportunity of deepening economic and trade relations and increasing economic and trade exchanges between China and India, provide comprehensive financial services for local Chinese-funded and Indian-funded enterprises and individuals in India, and strive to build bridges and ties for bilateral economic and trade exchanges between China and India.
Statement: According to Chapter 22 of the Banking Supervision Law of 1949, the Reserve Bank of India issued a business license to our bank, and approved to conduct banking business. We fully understand that the Reserve Bank of India is not responsible for our financial situation or the correctness of any statement or opinion when issuing this license.
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