FinanceAsia has recently released the results of Country Awards for Achievement 2017. ICBC won the Best Bond Underwriter Award for its outstanding performance and comprehensive strength in bond underwriting and issue.

According to statistics,ICBC underwrote 1,281 debt financing instruments as the lead manager (valued RMB 1.45 trillion) in 2016, raising RMB 5.8 trillion for various bond issuers. In addition, the Bank has ranked first in the industry for many years in a row, and set a new record for the value of annual bond underwriting among domestic institutions.

An ICBC official said that the Bank has actively helped enterprises engaged in real economy that issued bonds to select favorable time window and lower the cost of bond issue with professional market research and insight as well as strength in multi-level channels of distribution. In addition, ICBC has been focused on promoting bond underwriting innovation and expanded its range and depth of service, creatively launching new bond products such as Panda Bonds and SDR Bonds. It has also expanded emerging businesses such as green bonds issued by financial & non-financial enterprises as well as RMB-denominated green bonds issued by international development institutions.