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Memorabilia
 

-- In April of 2008, ICBC Middle East was authorised by the Dubai Financial Services Authority.

-- October 2008, ICBC Middle East officially opened, allowing Industrial and Commercial Bank of China Limited to become the first Chinese financial institution to set up in the Middle East region.

-- In April 2009, ICBC Middle East participated in the refinancing syndication loan (USD 635 million) of the Dubai Government, which is a breakthrough of the Islamic finance business of ICBC.

-- In July 2009, ICBC Middle East participated in the syndicated loan (USD 1.4 billion) of Abu Dhabi International Petroleum Investment Company, allowing ICBC to gain access to the most important industry in the Middle East region.

-- In September 2009, ICBC Middle East participated in the USD 2 billion syndicated loan of Qatar Telecom, allowing ICBC to gain access to the one of the fastest growing industry in the Middle East region.

-- In October 2009, Mr. Jiang Jianqing, Chairman of ICBC, led delegation on a visit to the United Arab Emirates, meeting President of the Central Bank of United Arab Emirates, Chairman of Abu Dhabi Department of Economic Development and other UAE senior officials.

-- In November 2009, ICBC Middle East provided financing to Emirates Airline for the acquisition of A380-model aircraft, symbolising the success of the first German KG financing modeled, aircraft financing deal for ICBC. This deal was awarded “Best Transaction in the Middle East” by Air Finance Journal.

-- In December 2009, Mr. Li Xiaopeng, Senior Vice President of ICBC led a delegation consisting of officials from the China Ministry of Railways on a visit to the United Arab Emirates, meeting the Abu Dhabi Department of Economic Development and Abu Dhabi Railway Company.

-- In December 2009, Industrial and Commercial Bank of China Limited - Abu Dhabi Branch was granted a Wholesale Banking License by Central Bank of United Arab Emirates, and officially commenced business in November 2010.

-- In September 2010, Industrial and Commercial Bank of China Limited - Abu Dhabi Branch successfully launched the Image Cheque Clearing System developed by the Central Bank of United Arab Emirates, allowing the branch to improve its local banking products.

-- In October 2010, ICBC Middle East launched its localized website and enterprise e-banking services to enhance its local banking services.

-- In May 2011, ICBC successfully opened the first RMB vostro account for regional financial institutions with Abu Dhabi Branch, allowing ICBC to establish strong ties with the regional financial market.

-- In November 2013, Industrial and Commercial Bank of China Limited, Dubai (DIFC) Branch formally commenced operation, allowing ICBC to continue its business expansion plan for the Middle East region.

-- On February 1st, 2014, the management platform of Escrow Account of Dubai real estate project was launched in ICBC Abu Dhabi Branch, which was known as the first and only Chinese Bank in UAE that provides collection custody service for the buyers of the off-plan units

-- On April 2nd, 2014, ICBC Dubai (DIFC) Branch successfully invested USD 22 Million in Sukuk, making ICBC the First Chinese Bank to do Sukuk Investment in the Middle East.

-- On April 3th, 2014, the first manager's cheque of ICBC Abu Dhabi Branch was cashed.

-- In August 2014, ICBC Dubai (DIFC) Branch successfully raised CNH 500 Million through issuance of Certificate of Deposit in Middle East Financial Market, making ICBC the First Chinese Bank to raise funds through issuance of CNH Certificate of Deposit in the Middle East.

-- In November 2014, a syndicate agreement granted to ICBC International Leasing Co. with a size of USD 500 million was signed by lenders, in which ICBC Dubai (DIFC) Branch acted as mandated leader arranger and bookrunners for the first time.

-- In January 2015, ICBC Abu Dhabi Branch signed a facility agreement with China Railway 18th Bureau Group LLC with a value of AED 20 million, which is the first UAE local currency credit facility of ICBC Middle East institutions.

-- In March 2015, the product of Corporate E-Banking Batch Payment Service in US dollar and Dirham was launched and run smoothly.

-- In March 2015, the Private Banking opening ceremony was launched in Dubai. ICBC becomes the first Chinese Bank who opens the private banking business in Middle East region.

-- In June 2015, ICBC Dubai (DIFC) Branch rang the opening bell to celebrate the listing of its USD 500 Million bond in Nasdaq Dubai, making ICBC the First Chinese Bank to issue US dollar bond in the Middle East. This issuance also makes ICBC the first Chinese Bank to list and trade its USD bond in Nasdaq Dubai.

--In April 2015, ICBC Abu Dhabi Branch started the clearing and reconciliation system for multiple currencies. ICBC Abu Dhabi Branch updated the clearing function from single currency to multi currency.

--In October 2015, ICBC Dubai (DIFC) Branch Launched CIPS (Cross-Border Interbank Payment System) successfully.

--In June 2016, ICBC Dubai (DIFC) Branch issued USD 400 million bond, which was also listed in Nasdaq Dubai and Irish Stock Exchange successfully.

--In September 2016, Dubai (DIFC) Branch issued the performance bond amount USD 587.5 million for Hassyan Clean Coal Power Plant Project, which was the biggest performance bond since 2008.