Shizhou Branch, Industrial and Commercial Bank of China Luliang City Shizhou Branch. As a national commercial bank, ICBC has many customers in Lishi District, Luliang District. Although the Internet is very developed and many businesses can be handled on the ICBC mobile APP, there are still many businesses, such as borrowing money, saving money, opening bank financial accounts, opening credit cards, etc., that still need to go to the ICBC outlet. In addition, some users are not accustomed to using mobile apps and will consider going to ICBC branches to handle business.
Industrial and Commercial Bank of China was established on January 1, 1984. The head office is located at No. 55, Fuxingmennei Street, Beijing. It is a large state-owned bank managed by the central government and a national deputy ministerial level unit. The basic tasks of ICBC are to raise social funds through domestic and overseas financing activities, strengthen credit fund management, support enterprise production and technological transformation, and serve my country's economic construction in accordance with national laws and regulations.
1. Industrial and Commercial Bank of China
In February 2017, Brand Finance released the list of the top 500 global brands in 2017, with ICBC ranking 10th. On June 20, 2018, an analysis report on China's 500 Most Valuable Brands was released, with ICBC ranking fourth. The British Banker magazine announced the list of the top 1000 global banks in 2018, with Industrial and Commercial Bank of China ranking first. In 2018, Fortune ranked 26th among the world's top 500 companies. The 2018 list of the world's top 500 brands compiled by the World Brand Laboratory was announced. Industrial and Commercial Bank of China ranked 43rd. Eight banks including ICBC launched the first batch of corporate information network verification systems.
2. Governance structure:
According to the requirements of the "Company Law of the People's Republic of China", the "Securities Law of the People's Republic of China" and other relevant laws and regulations, ICBC has established a governance structure consisting of a shareholders' meeting and a board of directors. , the ICBC Board of Supervisors and senior managers, forming a working mechanism in which power mechanisms, decision-making bodies, supervisory bodies and senior managers perform their respective duties, coordinate with each other, and have effective checks and balances. The board of directors has five special committees, including strategy committee, audit committee, nomination and remuneration committee, risk management committee and related transaction control committee; the board of supervisors has a supervisory committee. In order to further improve the corporate governance structure, the company formulated the authorization plan for the board of directors by the shareholders' meeting and the authorization plan for the president by the board of directors, and adjusted the responsibilities and member structure of the special committee. The board of directors has established a committee, implemented a chief risk officer system, elected employee supervisors, formulated a stock appreciation rights plan, established and improved the company's incentive mechanism, actively explored ways to strengthen communication and strategic cooperation with domestic and foreign investors, and continuously improved the level of corporate governance.
3. ICBC has always regarded corporate governance as a basic project to enhance core competitiveness.
ICBC focuses on the business goals of sustainable growth of corporate value and excellent shareholder returns, and actively draws on international leading practices. corporate governance practices and principles, and build and improve a modern corporate governance structure consisting of a shareholders’ meeting and a board of directors. Directors, the Board of Supervisors and senior managers, revise and improve the "Articles of Association of Industrial and Commercial Bank of China Limited" and other corporate governance rules and regulations, continuously improve the independence and operational efficiency of the board of directors, and form an organizational authority, decision-making body, supervisory body and executive body. A structure and operating mechanism with clear powers and responsibilities, each performing its duties, mutual coordination, and effective checks and balances. As of the end of the reporting period, the Bank’s Board of Directors had 15 directors, including 3 executive directors, 6 non-executive directors and 6 independent directors. The board of supervisors consists of 6 supervisors, including 2 shareholder representative supervisors, 2 external supervisors and 2 employee supervisors.