OREANDA-NEWS. October 31, 2012. Earlier, the CFO World announced the winners of 2012 China's CFO Most Trusted Banks. ICBC won the award for "Best Cash Management Brand". This marks the third year running of ICBC winning the "Best Cash Management Bank" awards from CFO World, reported the press-centre of ICBC. 

The CFO World is a state publication by the Ministry of Industry and Information Technology. In this year's competition, ICBC edged ahead other large state-owned commercial banks and foreign banks in China to win the award, demonstrating the expertise and market influence of ICBC's cash management services in China, and the peer recognition, especially from corporate CFOs, on the growth of ICBC's cash management business. ICBC remains first-placed and brand value as the "No.1 settlement and cash management bank".

ICBC remained as the largest cash management bank in China by securing more than 747,000 cash management customers as of end of June, 2012. ICBC serves many large respected companies and multinational corporations in China and offering solutions for them to improve cash management. As a result, ICBC won high respect from many corporate financial professionals. The next move of ICBC, said an ICBC executive, is to foster closer ties with many large respected companies in China especially in cash management. The aim is to provide more and top-quality financial services to customers all over the world.