ICBC (Indonesia)

Company Name: Industrial and Commercial Bank of China (Indonesia) Ltd.

Industry: Banking

Main Business: Deposits, loans, remittances, international settlement, trade finance, cash management, guarantees, and foreign exchange trading.

Company Introduction: Industrial and Commercial Bank of China (Indonesia) Ltd. (ICBC Indonesia) was established in September 2007, with its headquarters in Jakarta, the capital of Indonesia. It was the first time ICBC entered a market outside China through acquisition, and its merger process has become a typical example of a successful acquisition of an overseas bank by a Chinese bank. After 16 years of development, it now has 17 branches covering 7 major cities in Indonesia, including Jakarta, Surabaya, Bandung, Medan, Batam, Balikpapan, and Makassar, with more than 600 employees.