Industrial and Commercial Bank of China Limited, Sydney Branch OverviewICBC initially established its presence in Australia in 1999 as a representative office. With the steady growth of Sino-Australia bilateral trade and economic exchange between the two countries since that time, ICBC's business operations in Australia became more strategic to the group from 2005 onwards.On 19th May 2008, the Australian Prudential Regulation Authority (APRA), approved Industrial and Commercial Bank of China Limited as a foreign authorized deposit taking institution (ADI) authorizing it to carry on banking business in Australia. On 23rd September 2008, the Ambassador of the People's Republic of China, his Excellency Mr. Junsai ZHANG, the premier of NSW the Hon. Nathan Rees, and other distinguished guests witnessed the branch's opening ceremony in Sydney. The successful establishment of a Sydney branch is regarded as a significant breakthrough in the bank's progress towards internationalization, by strengthening its ability to improve its international management standards and to provide a comprehensive range of customer services to Australia – New Zealand, one of the most prosperous regions in the Southern hemisphere.

Website: icbc.com.au

Employees: 20 - 49

HQ:

Location: Dawes Point, NSW, AU

Revenue: 10 - 20 Million

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Industrial and Commercial Bank of China, Sydney: A Pioneer in Sino-Australian Banking In the heart of Dawes Point, Sydney, stands the Industrial and Commercial Bank of China, Sydney (ICBC Sydney). As a pioneering financial institution in the Sino-Australian banking sector, ICBC Sydney has been instrumental in fostering economic exchange and cooperation between the two nations. With a rich history spanning over two decades, ICBC Sydney has grown to become a trusted partner for businesses and individuals alike, offering a comprehensive range of banking services. ICBC Sydney's journey began in 1999, with the establishment of a representative office in the city. The bank's presence in Australia became more strategic in the subsequent years, particularly after 2005. In 2008, the Australian Prudential Regulation Authority (APRA) approved ICBC Limited as a foreign authorized deposit-taking institution, enabling it to carry on banking business in Australia. The branch's opening ceremony was a significant event, witnessed by distinguished guests, including the Ambassador of the People's Republic of China, His Excellency Mr. Junsai ZHANG, and the Premier of NSW, the Hon. Nathan Rees. Today, ICBC Sydney is a prominent player in the Australian banking sector, offering a wide range of financial services to individuals, small businesses, and large corporations. The bank's commitment to sustainable finance is evident in its dedication to environmental and social responsibility. The branch's Managing Director, Isami Morris, and Head of Sustainable Finance, Kelley Cheng, lead a team of experienced professionals who are passionate about delivering exceptional customer service and contributing to the growth of the Sino-Australian economic corridor. ICBC Sydney's website, icbc.com.au, provides a comprehensive overview of its services, including corporate banking, retail banking, and treasury services. The bank's LinkedIn page, http://www.linkedin.com/company/industrial-and-commercial-bank-of-china-sydney, offers valuable insights into its activities, news, and events. With a revenue of $10 - 20 Million and a workforce of 20 - 49 employees, ICBC Sydney is a formidable player in the National Commercial Banks industry. In conclusion, Industrial and Commercial Bank of China, Sydney, is a shining example of a successful Sino-Australian partnership. Its commitment to sustainable finance, exceptional customer service, and dedication to fostering economic cooperation between the two nations make it a trusted partner for businesses and individuals alike. As the Sino-Australian economic corridor continues to grow, ICBC Sydney is poised to play an even more significant role in the years to come.

The Industrial and Commercial Bank of China Limited (ICBC) started doing business in Australia in 1999. At first, it was just a small office. But as time went on, ICBC's business in Australia became more important. In 2008, the Australian government gave ICBC permission to operate as a bank in Australia. This was a big step for ICBC. It showed that the bank was becoming more international. The bank's Sydney branch opened in 2008. Many important people came to the opening ceremony. The branch's opening was a success for ICBC. It helped the bank improve its services and standards. It also helped the bank serve customers in Australia and New Zealand, which are two of the wealthiest regions in the southern half of the world.