ICBC Financial Leasing Co., Ltd., approved by the State Council as a pilot business and subsequently approved by the China Banking Regulatory Commission, is the first financial leasing company affiliated with a bank in China. Currently with 11 billion yuan (US$1.8 billion) of registered capital, ICBC Leasing is a wholly-owned subsidiary of ICBC. Whilst focusing on the leasing market of aircraft and vessels, it has also made efforts to develop the big equipment market, in key fields such as energy and power, rail transport and construction machinery.
31st Dec 15 Source: CRO
31st Dec 14 Source: CRO