Organisation: Bank ICBC Indonesia
LEI 529900C7G31XDC574160, SWIFT ICBKIDJAXXX

PT Bank ICBC Indonesia ("ICBC Indonesia") was established after Industrial and Commercial Bank of China Limited ("ICBC") acquired and integrated Bank HALIM Indonesia. The acquisition process has become an example of a Chinese-funded bank successfully taking over an overseas bank. After three years of development, ICBC Indonesia has become the largest Chinese-funded financial institution in the Indonesian market by asset scale. In June 2010, ICBC Indonesia was selected among the top 50 banks in Indonesia by the Investor of Indonesia; in July, it was awarded the Best Performance Banking 2010 by Indonesian Banking Association for its performance. By the end of 2010, the assets of ICBC Indonesia had exceeded USD 1.1 billion.