New ISSA Member – ICBC Bank

ISSA is delighted to welcome ICBC Bank as a new Member.

ICBC (Asia) is the largest wholly-owned overseas subsidiary of ICBC and is recognised as one of Hong Kong’s Designated Local Systemically Important Banks (D-SIBs).

ICBC was the first bank to establish a custody business in China in 1998 and has maintained its leading position in the country’s custody industry for 28 consecutive years. The bank has received 105 awards from renowned domestic and international media and institutions. As of the end of September 2026, ICBC’s total Assets Under Custody (AUC) reached USD 5.1 trillion, serving nearly 30,000 domestic and overseas clients and covering the full spectrum of the direct financing market.

ICBC (Asia) has provided custody services since 2007 and trustee services through its wholly-owned subsidiary, ICBC (Asia) Trustee, since 2012. Its comprehensive service offering integrates custody, fund trustee, administration and investor services.

As the largest overseas custodian bank within the ICBC Group, ICBC (Asia) has over HKD 1.8 trillion in assets under custody. It provides custody services to a broad range of clients, including global sovereign institutions, central banks, state-owned enterprises (SOEs), insurance companies, asset managers, commercial banks and brokers.

ICBC (Asia) was named “Best Custodian Bank in Hong Kong” by The Asian Banker in both 2025 and 2026.