ICBC was the winner of the "Best Cash Management Bank of China" award from Finance Asia in 2007 and continued to hold the title in the selection of best financial institutions organized by this magazine in 2008. It is reported that the Finance Asia is a magazine under the UK's largest private publishing company Haymarket Media Group. It is a professional financial periodical in the Asia-Pacific region. Based in Hong Kong, its readers include corporate CEO, CFO, international investors, financial experts, senior government officials, and regulatory agency personnel. In the recent years, by focusing on the development of the financial industry in the Asia-Pacific region, Finance Asia became an authoritative financial magazine in the Asia-Pacific region and even in the whole world with its comprehensive reports, professional reviews and in-depth analysis. Its annual selection of the best banks has become a symbol of authoritative publishing on the capacity and brand of the local banks in the Asia-Pacific region.
According to the reports, by the end of June 2008, ICBC has 78,621 cash management customers, an increase of 20,058 from the end of last year, up 34.3%. As the largest cash management bank in China, ICBC has been actively upholding the core service concept of "converge wealth and create value", established a complete cash management service system with "Caizhi Account" as the core brand, and provides the customers cash management solutions including centralized management of funds in both local and foreign currency, customized account management services, risk management, short-term investment and financing, etc. In addition, based on the characteristics of the customers in different industries, ICBC launched eleven standardized cash management solutions for the different industries, creating a broader platform for the win-win cooperation between the bank and the enterprises.
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