OREANDA-NEWS. October 14, 2014. The U.S.-based magazine Global Finance has recently announced winners of the 2014 Stars of China Awards. With its excellent performance in the field of commercial corporate credit cards, ICBC was given the award of the “Best Commercial Corporate Credit Card”, the only financial institution winner of this award in China.

ICBC credit card business has kept a sound development momentum in recent years.. By the end of August,it has issued 96.9 million with the consumption amount of RMB 1.19 trillion and a loan balance of RMB 338.4 billion. With respect to commercial corporate credit cards, ICBC retains the leading position in terms of card issuing volume, product features, information systems and brand value. By partnering with major international card organizations such as China UnionPay, American Express, VISA, MasterCard, Diners Club and JCB, ICBC has provided premier and efficient corporate credit card services to leading domestic enterprises, Fortune 500 companies and many micro, small and medium enterprises.

Global Finance’s Awards are preeminent and internationally recognized evaluation of the best financial institutions worldwide by inviting independent third-party experts and senior international financiers as judges each year. The Global Finance has taken into consideration the card issuers’ credit card business scale, risk management, market expansion, customer service, product innovation, global service and technological advantages during the selection of corporate credit cards.