Industrial and Commercial Bank of China Limited, Dubai (DIFC) Branch
Address: 5&6 Floor, Gate Village 01, DIFC, Dubai, UAE
P.O. Box: 506856
Organization name: Industrial and Commercial Bank of China Limited, Dubai (DIFC) Branch
Organization status: Operating organization
Address: No.55 FuXingMenNei Street Xicheng District Beijing, China, 100140
ICBC (Industrial and Commercial Bank of China) is a state-owned financial institution and is considered one of the largest banks in the world by total assets. Headquartered in Beijing, China, ICBC offers a comprehensive range of financial services, including retail banking, corporate banking, investment banking, asset management, and more.
Given ICBC’s international reach, it’s possible that they have established a presence in Dubai, a major financial and economic hub in the United Arab Emirates (UAE). Dubai’s strategic location and business-friendly environment make it an attractive destination for global banks to set up operations. If ICBC has a branch or subsidiary in Dubai, it would likely cater to both individual customers and businesses, offering services such as:
- Retail Banking: Providing personal banking services such as savings accounts, checking accounts, credit cards, and personal loans to residents in Dubai.
- Corporate Banking: Assisting businesses with various financial needs, including trade finance, working capital solutions, foreign exchange services, and more.
- Investment Banking: Offering investment advisory, capital raising, mergers and acquisitions (M&A) advisory, and other investment-related services to corporations and high-net-worth individuals.
- Trade Finance: Facilitating international trade by offering letters of credit, trade guarantees, and other trade-related financial products.
- Wealth Management: Providing investment products, portfolio management, and financial planning services to help clients grow and manage their wealth.
- Foreign Exchange Services: Assisting clients with currency exchange and related financial instruments.
- Treasury Services: Offering treasury and cash management solutions for businesses to efficiently manage their finances.
- Cross-Border Banking: Facilitating financial transactions between China and Dubai/UAE, given ICBC’s origins in China.