ICBC appoints new senior executive vice president, reports Q3 results

Industrial and Commercial Bank of China Limited (ICBC) reported a net profit of 271,882 million yuan for the first nine months of 2025, a 0.52% increase year-on-year. Operating income grew by 1.98% to 610,968 million yuan. Total assets reached 52,813,421 million yuan, an 8.18% increase over the previous year-end. The NPL ratio decreased by 0.01 percentage points to 1.33%.

The board approved the third quarterly report of 2025 and proposed the distribution of dividends for domestic preference shares, totaling 2,061 million yuan, to be paid on November 24, 2025. The board also announced the appointment of Zhao Guide as senior executive vice president, subject to regulatory approval, and approved the group's financial bond issuance plan for 2026.

Additionally, the bank announced the official qualification approval of Duan Hongtao as an executive director by the National Financial Regulatory Administration, with his appointment now effective. The board will convene the second extraordinary shareholders' meeting of 2025 on November 28, 2025.