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Peony Card Wins the "China Brand Annual Award" and "China Finance Annual Award"
 
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World Brand Lab announced the winner of "2006 China Brand Annual Award (NO.1)" and "2006 China Finance Annual Award (NO.1)" in World Manager Conference 2006, a recent occasion held in Hong Kong and jointly sponsored by World Brand Lab, World Manager Weekly and The Mundell. ICBC Peony Card was the only bank card rewarded with such two titles, and ranked first in the listing of "The Top 10 Most Trusted Bank Card in China" as well.

Till the end of Dec 25, 2006, ICBC altogether issued a volume of 180 million Peony Cards, among which over 10 million credit cards were issued and credit card spending hit a record high of RMB 100 billion. Core index as turnover in spending and inter-bank transactions were the highest among all domestic banks. As a milestone in the history of Peony Card, ICBC was the first bank to achieve such breakthroughs and established its market-leading position as the largest credit card issuer in China. Meanwhile, the "Two Breakthroughs" also played a significant role in shaping up China credit card landscape as the industry has gone over a period of twenty years and is now on the road to myriad growth.

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