ICBC won two awards for "Outstanding Contribution in China Cash Management Industry" and "Best Cash Management Bank" at the Annual Summit of China Cash and Treasury Management, 2011 hosted by Treasury China in Beijing on November 18.

This year's Conference is a high-end meeting organized by Treasury China focusing on the development of China's treasury sector. With the good results in past few years, the Conference is now a unique platform for the exchange and sharing of views between treasury management executives. The Annual Summit was packed with more than 300 treasury management executives from banks, companies and research institutions. Winning the two major awards is a confirmation from the experts, academicians and the public of ICBC's excellence in cash management business.

In 2011, ICBC has maintained its momentum on cash management business. ICBC secures the first place in the local ranking of cash management banks by winning more than 620,000 cash management customers for the first three quarters ending September, up 32% year-on-year. While gathering its pace on the customer scale and transaction volume, the service content and quality are an integral part of ICBC's drive to improve the cash management service and shift the course from simple fund management to integrated wealth management, from local service to global service, from serving one customer to serving the supply chain. ICBC holds on to the top spot among the domestic peers in the cash management service.