OREANDA-NEWS. May 10, 2011. Recently, Financial-i Magazine has announced the awardees of 2010 "Leaders in Innovation" in its publication. ICBC has been named "The Most Innovative Cash Management Provider Asia". This is the first time ICBC has received an Asian award for its cash management services, a further confirmation of ICBC's cash management and global cash management services from experts and media, reported the press-centre of ICBC.

Now in its fifth year, Financial-i's "Leaders in Innovation" awards identify global transaction banks and financial hardware and software providers that have excelled in terms of continuous innovation in global transaction services including payments & cash management, security service, trade & supply chain management.

Up to the beginning of 2011, ICBC has over 500,000 corporate clients using cash management services, of which many are multinational corporations in the Fortune Global 500. This bears testimony to the recognition from international respected firms of the cash management services provided by ICBC. Meanwhile, the extensive global service network of ICBC offers strong support to the highly efficient cross-border cash management services of ICBC. ICBC also places high emphasis on the improvement of service content and philosophy, therefore ICBC remains the leading place among peers in domestic cash management services. Over the past few years ICBC has been named "Best Cash Management bank in China" in succession in many award programs hosted by international authoritative publications, such as The Assets, Finance Asia.