OREANDA-NEWS. December 19, 2012. Earlier, Global Entrepreneur announced the winners of "King of Niche" - 2012 Innovation Bank List of The Year. ICBC edged ahead and won the title of "Best Bank in Precious Metal Business" in recognition of its excellent performance, full range of products and impeccable customer services.

"King of Niche" - 2012 Innovation Bank List of The Year by Global Entrepreneur is an award program hosted by Global Entrepreneur to rank all banks, Chinese and foreign, operating in China by their business and overall progress. The aim is to locate the "King of Niche", banks that excel and build their special brand images in today's financial markets featuring intense competition. Through the award program, Global Entrepreneur encourages the common prosperity of banks in China. The three-month exhaustive search and selection process for the Awards included data research, initial screening by organizing committee, and short listing by a panel of experts. 2011 Bank Annual Reports, Bank Reports for First Half of 2012 were also used as reference. The judges unanimously agreed to name ICBC as the "Best Bank in Precious Metal Business".

In precious metal business, during a particular difficulty last year in China and overseas, ICBC has achieved good result by focusing consistently on product and service innovation. ICBC dominates the market in terms of transaction volume and number of customers. The ICBC team who becomes more skilled is a foundation to achieve sustainable growth for the business. In the future, ICBC will further embrace innovations to provide better quality precious metal products and services to all customers, an executive with ICBC said.