Third Party Service
In accordance with the relevant laws and regulations and regulatory requirements, Seaport Bulk Commodity Exchange considers from the perspective of customer funds security and deposits the customers’ transaction settlement funds into an independent third party depository agency. At this stage, in view of the advantages of shareholders and industry advantages, ICBC has been docked with the electronic trading system of Seaport Bulk Commodity Exchange as the first designated depository bank of Seaport Bulk Commodity Exchange, effectively avoiding the risk of customer funds.
Industrial and Commercial Bank of China was established on January 1, 1984. On October 28, 2005, the Bank was wholly restructured to a joint-stock limited company. On October 27, 2006, the Bank was successfully listed on both Shanghai Stock Exchange and Stock Exchange of Hong Kong Limited. Through continuous endeavor and stable development, the Bank has developed into one of the top large listed banks in the world, possessing an excellent customer base, a diversified business structure, strong innovation capabilities and market competitiveness and providing comprehensive financial products and services to 5,784 thousand corporate customers and 530 million personal customers. For the fourth consecutive year in 2016, the Bank ranked 1st place in the three authoritative lists of The Banker Top 1000 World Banks, the United States’ Forbes Global 2000 and the United States’ Fortune Global 500 Sub-list of Commercial Banks. At the end of 2016, the Bank was awarded the title of the “Best Corporate Bank in China” by Global Finance for seven years in a row. It also maintained the 1st place in the market in terms of third-party custody fund for consecutive seven years.