Koon Tung Ip

Industrial & Commercial Bank of China (Asia) Ltd. provides banking and other financial related services. It operates through the following segments: Asia Pacific Business, Commercial, Retail Banking, Global Markets & Trading, Corporate & Investment Banking, Institutional Banking and Chinese Mercantile Bank. The Asia Pacific Business segment represents the banking business in Asia Pacific Region. The Commercial Banking segment represents commercial lending and trade financing. The Retail Banking segment represents retail banking, hire purchase and leasing and credit card business. The Global Markets and Trading segment includes foreign exchange, money market and capital market activities. The Corporate and Investment Banking segment comprises corporate banking, the provision of debt capital market and investment banking. The Institutional Banking segment represents financial institution business. The Chinese Mercantile Bank segment represents the business of the Bank’s subsidiary in Mainland China. The company was founded in 1964 and is headquartered in Hong Kong.