1February, 1998, China Industrial and Commercial Bank became the first commercial bank with the qualification of securities investment fund custody in China. Since 1998, ICBC has maintained an annual growth rate of more than 80%. Especially since 2003, its asset custody scale has doubled year after year: from 2003 to 2006, it crossed the mark of 50 billion yuan, 100 billion yuan, 200 billion yuan and 400 billion yuan year by year, and only 8 billion yuan was used in 2007. In the fierce market competition environment, it has always maintained a share of about 30% in the domestic fund custody market.

Trust asset custody

Since the establishment of trust asset custody business, ICBC has always adhered to the principle of "honesty, trustworthiness and diligence" to provide customers with high-quality and efficient custody services.

Securitization custody of credit assets of commercial banks

Since ICBC began to handle the non-performing assets securitization custody business of commercial banks, it has been affirmed by the regulatory authorities and praised by customers through continuous improvement and development.

Enterprise annuity fund custody

ICBC began to study the enterprise annuity fund custody business in 2002. In August 2005, the first batch of enterprise annuity fund custodians and account managers were certified by the Ministry of Labor and Social Security, becoming the only large state-owned commercial bank with two qualifications. On June 3, 2006, the first standardized annuity fund in China was entrusted. At present, it has become the largest enterprise annuity fund custodian bank in China.

Collective asset management plan custody

Since the development of collective asset management plan custody business, ICBC's collective asset management plan custody business has been recognized by the market and praised by customers.

Special asset management plan custody

ICBC conducted in-depth research on the custody business of special asset management plan, and successfully managed the first special asset management plan product in the domestic market.

Social security fund trusteeship

Since 2002, ICBC has started the social security fund custody business, and it is the first commercial bank in China to obtain qualifications and provide social security fund custody services.

Income and expenditure account trust

The custody business of revenue and expenditure accounts is widely used in the revenue and expenditure activities of enterprises and individuals, such as commodity trading, special fund utilization and equity transfer. On June 5438+0 1 day, 2002, with the approval of the People's Bank of China, ICBC began to handle the custody business of revenue and expenditure accounts. Over the past eight years, the custody business has achieved zero error records. More than 30 tier-1 (directly affiliated) branches have been authorized by the Head Office to carry out asset custody business, and more than 2 1000 branches are widely distributed, which can provide custody services to customers anytime and anywhere.

Real estate transaction fund custody

In order to meet customers' demand for credit intermediaries and payment intermediaries in real estate transactions, ICBC has launched a real estate transaction fund custody service.

Industrial fund custody business

ICBC began to study industrial investment fund custody from 1997, and obtained the qualification of industrial investment fund custody in 2003.

Insurance asset custody

With the expansion of investment channels of insurance funds, the safe and efficient use of insurance funds has become the focus of attention, and ICBC has made great achievements in the field of insurance asset custody.

QFII Asset Custody

QFII is a limited way to open up the capital market and introduce foreign capital under the circumstances that China implements foreign exchange control and the local currency is not fully convertible. China Industrial and Commercial Bank is one of the earliest banks in China to provide QFII custody services. With its strong overall strength, extensive cooperation foundation, rich experience in custody business and capital market services, strong technical strength, fast clearing network, professional management team and perfect internal control management, China Industrial and Commercial Bank has obvious advantages in the domestic custody industry.

QDII Asset Custody

ICBC provides comprehensive QDII custody services for domestic institutions, mainly including basic custody services and custody value-added services.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.