ICBC Ltd Singapore Branch was established in 1993. It is the earliest ICBC overseas branch. The Branch was granted Wholesale Banking License by Monetary Authority of Singapore in 2003 and awarded with Qualifying Full Bank (QFB) licence in 2012 and has been chosen as the RMB clearing bank in Singapore,according to an announcement by the People's Bank of China on Feb 8 2013. After more than 10 years of ongoing financial innovation, superior customer service, prudent business approach and good operating performance, ICBC Singapore Branch has become one of the commercial banks in Singapore with brand influence. Leveraging on the strong capital of ICBC, the advance technology platform and extensive office networks, as well as the advantageous geographical location of Singapore and its business environment as International Finance and Trading Center, ICBC Singapore Branch is able to offer a wide variety of financial products and services to all individuals and companies through dedication to customers and active expansion. Moreover, personalized solutions may be specially catered for individual needs of different customers. With the advantage of “QFB”and “RMB clearing bank ”,We will provide better financial services to our customers and friends. Key Milestones
★ ICBC Singapore Branch was established in November 1993
★ Started to offer remittance services to individuals in September 2002
★ Awarded Wholesale Banking License by MAS in May 2003
★ Lucky Plaza Remittance Centre opened in December 2003
★ Chinatown Remittance Centre opened in January 2007
★ First Chinese bank to participate in Singapore government’s International Financing Scheme in 2009.
★ RMB Processing Centre opened in March 2011
★ July 2011 issued the first Singapore Dollar RMB Dual Currency Credit Card
★ Awarded Qualifying Full Bank (QFB) licence in October 2012
★ Has been chosen as the RMB clearing bank in Singapore,according to an announcement by the People's Bank of China on Feb 8 2013
★ Orchard Remittance Center and Chinatown Remittance Center have officially upgraded to sub-branch in October 2013
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