Industrial and Commercial Bank of China Ltd. (ICBC) (simplified Chinese: ; traditional Chinese: ; pinyin: Zhnggu Gngshng Ynhng, more commonly just Gnghng) is Chinas largest bank and the largest bank in the world. It is one of Chinas Big Four state-owned commercial banks (the other three being the Bank of China, Agricultural Bank of China, and China Construction Bank). It is the largest bank in the world in terms of market value, the worlds largest bank by deposits, and the worlds most profitable bank. It was founded as a limited company on January 1, 1984. As of 2009, it had assets of RMB 11 trillion (US$1.6 trillion), with over 18,000 outlets including 106 overseas branches and agents globally. In July 2007, with a market capitalization of US$254 billion, it became the worlds most valuable bank after a surge in its share price, overtaking Citigroup View More