Industrial and Commercial Bank of China Mexico, S.A. (Mexico)

Industrial and Commercial Bank of China Mexico, S.A., Institucion de Banca Multiple, located in Mexico City, is a subsidiary controlled by Industrial and Commercial Bank of China, Ltd. It was granted a multiple banking license in November 2014, making it the first Chinese capital financial institution in Mexico. After thorough preparation in terms of human resources, systems, and other necessary elements, ICBC Mexico was authorized to begin operations on May 23, 2016, and opened its doors to the public on June 6, 2016. ICBC Mexico has a team of professionals consisting of financial experts with both local and international experience, including Chinese and Mexican nationals. This allows the bank to provide comprehensive advice and services to its corporate and government clients. The institution offers products and services such as credits, international trade financing, deposits, domestic and international transfers, foreign exchange transactions, among others. It focuses specifically on the energy sector, infrastructure, manufacturing industry, telecommunications, and commercial areas. ICBC Mexico aims not only to assist Chinese companies and promote the entry of Chinese products into Mexico but also to help Mexican companies enter the Chinese and global markets. Being the first Chinese capital bank in the Mexican market gives ICBC Mexico a significant advantage as it strengthens trade exchange between the two countries and promotes bilateral cooperation and investment. ICBC Mexico takes pride in being part of a globally recognized financial institution with a strong presence, quality service, influence, and an excellent reputation.