Last updated at: (Beijing Time) Thursday, August 15, 2002
ICBC's E-banking Exceeds 4 Trillion Yuan
The Industrial and Commercial Bankof China (ICBC) announced on Thursday that by the end of July, itse-banking trade had reached 4.6 trillion yuan (about 551.6 billionUS dollars), surpassing its total trade for the whole of 2001.
The Industrial and Commercial Bankof China (ICBC) announced on Thursday that by the end of July, itse-banking trade had reached 4.6 trillion yuan (about 551.6 billionUS dollars), surpassing its total trade for the whole of 2001.
An ICBC spokesman said its internet banking achieved a turnoverof 2.34 trillion yuan (about 283.43 billion dollars), or 3.7 timesthe total amount in 2001, maintaining its leading position in China's banking industry.
By the end of July, the bank's corporate and institutional internet banking clients had increased by 11,000, 1.6 times the figure for 2001. Individual internet banking clients increased by 1.132 million, or 2.5 times that in 2001, he said.