Industrial and Commercial Bank of China (Asia) Limited (“ICBC (Asia)”), the international flagship of Industrial and Commercial Bank of China Limited (“ICBC”), has been recognised as a Highly Commended Transaction Bank in Hong Kong at The Asian Banker Hong Kong Awards 2025. The honour reflects the bank’s strength in digital innovation and its comprehensive suite of cross-border banking solutions. As one of Hong Kong’s Domestic Systemically Important Banks (D-SIBs), ICBC (Asia) provides integrated and customised transaction banking solutions across seven core corporate product lines: cash management, trade finance, payment and clearing, financial markets, digital finance, asset custody and asset management. Through multi-channel platforms including corporate online and mobile banking, application programming interface (API) integration, SWIFT connectivity and blockchain solutions, the bank enables corporate clients to enhance operational efficiency and profitability. Ms. Duan Mengche, Assistant Chief Executive of ICBC (Asia), said: “We are honoured to be named the Highly Commended Transaction Bank in Hong Kong for 2025. Leveraging ICBC Group’s robust technological infrastructure, we continuously innovate, particularly in Global Cash Management which covers four primary product lines: Account Management, Payments and Collections, Liquidity Management and Fund Management. Within these, we have pioneered specialised service lines: Global Inquiry, Global Pay, Global Pooling and Global Investment, serving over 5,900 corporate clients. We remain committed to refining our product ecosystem to deliver exceptional client experiences moving forward.” ICBC (Asia) continues to strengthen its Global Cash Management ecosystem through tailored solutions—including Notional Pooling, China-Africa Direct Connection and Cross-Border Salary Remittance—designed to meet corporate requirements. These solutions help clients build cash pools, optimise cash flows and mitigate liquidity risks to enhance returns. For enterprises establishing treasury centres in Hong Kong, the bank leverages ICBC Group’s extensive global network to provide seamless support throughout setup and operation, driving growth at both local and international levels. ICBC (Asia)’s global pooling solutions support over 10 major currencies and feature a multi-tiered payment linkage system that customises account relationships between headquarters and subsidiaries. Enhanced by automated fund sweeping and allocation, as well as internal fund transfer pricing, the solution offers an efficient platform for multinational corporations. The bank also designs tailored liquidity management programmes to align with corporate operations, reduce external financing costs and optimise global capital efficiency. Because of these initiatives, ICBC (Asia) has earned strong market recognition and consistent client praise for its diversified Global Cash Management solutions. Beyond its latest accolade, the bank has maintained a distinguished record of industry honours including the 2025 Best Global Treasury Service Award, three consecutive Best Transaction Bank and Best Cash Management Bank titles from The Asset China (2022-2024); Best Cash Management Bank and Best Transaction Bank awards at the Corporate Treasurer Awards 2025; the 2025 Hong Kong International Corporate Liquidity Management Bank by The Asian Banking & Finance; and The Hong Kong Economic Journal’s 2024 Outstanding Banking Practice Award. These distinctions affirm ICBC (Asia)’s sustained excellence in transaction banking. Contact details: ICBC (Asia) https://www.icbcasia.com
