I. Industrial and Commercial Bank of China
Industrial and Commercial Bank of China (ICBC) was established in June 1984 65438+ 10/. The head office is located at 55 Fuxingmennei Street, Beijing. It is a large state-owned bank managed by the central government and a national deputy ministerial unit. The basic task of China Industrial and Commercial Bank is to raise social funds through financing activities at home and abroad, strengthen the management of credit funds, support enterprise production and technological transformation, and serve China's economic construction.
20 17 February, brand finance released the list of the top 500 global brands in 20 17, and China Industrial and Commercial Bank ranked 10. On June 20th, 20 18, the analysis report of China 500 Most Valuable Brands was released, and China Industrial and Commercial Bank ranked 4th. 20 18 in July, the British "Banker" magazine published the list of the top global banks 1000 in 2065 438+0008, and China Industrial and Commercial Bank ranked 1. 20 18 ranked 26th in the Fortune Global 500. 20 18 12 18 The Top 500 World Brands compiled by the World Brand Lab was announced on 20 18, and China Industrial and Commercial Bank ranked 43rd. 2065438+On June 26th, 2009, eight banks including China Industrial and Commercial Bank launched the first batch of enterprise information networking verification systems.
In July of 20 19, it was selected as the Fortune Global 500 in 20 19, ranking 26th. [13] 201912 In February, China Industrial and Commercial Bank was selected as the brand of China Brand Power Festival 100. On 20 19 12 18, People's Daily released the China Brand Development Index 100 list, and China Industrial and Commercial Bank ranked 9th. 20201October 4th, 65438, won the evergreen award of Caijing 2020 "Sustainable Development Benefit Award". In March, 2020, it was selected as the 6th in the Top 500 Global Brand Values in 2020. [16-17] The Fortune Global 500 list was released in August 2020, and China Industrial and Commercial Bank ranked 24th. On September 28th, 2020, he was selected as one of the top 500 Chinese enterprises in 2020, ranking fifth.
Second, the financial derivatives of China Industrial and Commercial Bank
China Industrial and Commercial Bank regards the development of treasury business as the strategic focus to promote business transformation and cultivate future market competitiveness, and constantly improves the ability and level of operating domestic and foreign currency funds in various financial markets at home and abroad.
In 2007, the total RMB import and export of domestic institutions reached 6,096.7 billion yuan, up by 27.6%, including RMB 41654.38+03.3 billion yuan and RMB1983.4 billion yuan. In 200 1 year, the transaction volume of foreign currency money market was 868.2 billion US dollars, an increase of 43.5%.
As a market maker in the interbank market, the types of bonds quoted bilaterally include all bonds with five maturities and three credit ratings, with daily quoted bonds12; There are 33 quoted bonds in the over-the-counter market. In 2007, the transaction volume of counter book-entry bonds was 654.38+0.53 billion yuan, and the market share continued to be the first. The trading volume of RMB-traded bonds exceeded 2 trillion yuan for the first time. The total transaction volume of foreign currency bonds in the whole year was $51.200 million.
Investing in RMB bonds focuses on preventing interest rate risks and mainly participates in investing in short-term RMB bonds. At the end of 2007, the balance of RMB bank account bond investment was 2,858.554 billion yuan. In the face of the violent turmoil in the US bond market caused by the subprime mortgage crisis, we actively adjusted the foreign currency bond portfolio to promote a substantial increase in investment income.
ICBC provides customers with RMB foreign exchange trading products and services such as spot settlement and sale of foreign exchange, forward settlement and sale of foreign exchange, RMB foreign exchange swap, 24-hour foreign exchange trading, foreign exchange forward, swaps, options and other financial derivatives trading, and provides various local and foreign currency financial management and asset-liability management services on behalf of customers, providing account gold trading services for individual customers. In 2007, the transaction volume of foreign exchange funds of customers was $275.88+0 billion.