ICBC to open 5 new European branches

16:29, January 19, 2011      

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The Industrial and Commercial bank of China (ICBC), the country's largest lender, announced it will add five more branches in five European cities, Paris, Brussels, Amsterdam, Milan and Madrid, and the Luxembourg-based subsidiary will be renamed ICBC Europe S.A. Jiang Jianqing (R), president of ICBC, shook hands with Luc Frieden, minister of finance of Luxembourg, at the press conference in Luxembourg on Jan. 17

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