Hong Kong SAR China · Financial institution
Industrial and Commercial Bank of China (Asia) Limited
Industrial and Commercial Bank of China (Asia) Limited is a licensed bank incorporated in Hong Kong with limited liability. It is a wholly owned subsidiary of Industrial and Commercial Bank of China Limited. It offers retail, commercial, cross-border and private banking, investment banking and securities services. Its subsidiary Chinese Mercantile Bank operates in mainland China. The bank was founded in 1964 as Union Bank of Hong Kong and took its current name on 21 August 2000. ICBC privatised it on 21 December 2010, when its shares were delisted.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Regulatory status
FSB · global systemically important banks
2025 list
- G-SIB
- Industrial and Commercial Bank of China
- Relation
- In a G-SIB groupGLEIF records a G-SIB entity as this legal entity’s ultimate parent. The bucket applies to the group, and membership does not make this entity a bank.
- Bucket
- 3 of 5 · extra capital buffer 2.0% of risk-weighted assets
- On the list since
- 2013
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- UBHKHKHHXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under UBHKHKHH directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- 1 branch code
- BIC first registered
- 1992-12-07
- Last updated
- 2026-06-19
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Group subsidiary
100% Industrial and Commercial Bank of China Limited
Institution type
Commercial bank
Trades as ICBC (Asia)
- Standing
- Renamed from Union Bank of Hong Kong Limited on 21 August 2000. It was withdrawn from listing on the Stock Exchange of Hong Kong on 21 December 2010 and is wholly owned by Industrial and Commercial Bank of China Limited.
- Ownership
- Industrial and Commercial Bank of China Limited has held 100% of the bank since the privatisation completed on 21 December 2010.
- Direct parent
- Industrial and Commercial Bank of China Limited, China 100%
- Head office
- 33/F, ICBC Tower, 3 Garden Road, Central, Hong Kong, Hong Kong SAR China
- Name in the local language
- 中國工商銀行（亞洲）有限公司
- Former name
- Union Bank of Hong Kong Limited
Business lines
According to its interim disclosure statements, it operates mainly in Hong Kong. Its segments cover corporate and investment banking, commercial banking, retail banking, global markets, institutional banking and a mainland China subsidiary.
Online
- Websites & references
- icbcasia.com ↗
Wikipedia ↗
Wikidata Q6027819 ↗ - Official social accounts
- None found
Sources · 12 pages consulted
- icbcasia.com
- icbcasia.com/hk/en/about-us/corporate-news/corporate-governance/default.html
- icbcasia.com/hk/en/about-us/corporate-news/corporate-announcements/default.html
- v.icbc.com.cn/userfiles/Resources/ICBC/haiwai/Asia/download/EN/2026/appointment_notice_20260526_en.pdf
- v.icbc.com.cn/userfiles/resources/icbc/haiwai/asia/download/en/2026/20260323_Announcement_en.pdf
- icbcasia.com/hk/en/about-us/corporate-news/financial-reports/default.html
- v.icbc.com.cn/userfiles/Resources/ICBC/haiwai/Asia/download/EN/2026/e_ICBCAsia_20260929_ir.pdf
- icbcasia.com/hk/en/about-us/profile/introduction/default.html
- icbcasia.com/hk/en/about-us/contact-us/default.html
- icbcasia.com/hk/tc/personal/banking/payments/remittance-and-cashiers-order/default.html
- hkma.gov.hk/media/eng/doc/key-information/press-release/2021/20211119e5a3.pdf
- en.wikipedia.org/wiki/Industrial_and_Commercial_Bank_of_China_(Asia)
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- He Xiaojian Vice Chairman, Executive Director and Chief Executive Officer
- Chair
- Liu Yagan Chairman & Executive Director
- Executive
- Gu Xuan Executive Director, Deputy Chief Executive & Alternate Chief Executive
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Hong Kong SAR China
- Hong Kong Monetary Authority Prudential supervisorCentral bankAML supervisorResolution
- Hong Kong SAR China
- Securities and Futures Commission Securities
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The bank did not call its USD 1 billion Additional Tier 1 capital securities on 21 July 2026, and the distribution rate reset to 6.89%.
v.icbc.com.cn ↗ -
Leadership
The board appointed He Xiaojian as Vice Chairman, Executive Director and Chief Executive Officer with effect from 26 May 2026.
v.icbc.com.cn ↗ -
Leadership
Wu Long resigned as Vice Chairman, Executive Director and Chief Executive Officer with effect from 23 March 2026.
v.icbc.com.cn ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- UBHKHKHHXXX
- How the BIC breaks down
- UBHKBank
- HKCountry · Hong Kong SAR China
- HHLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 549300RB8ZUQ2QO5HJ15
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Hong Kong SAR China · East Asia & Pacific
- FSB G-SIB list
- In a G-SIB group · Industrial and Commercial Bank of China list of 2025
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- Targeted listings only OFAC
- Founded
- 2001
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
- Direct parent
- 中国工商银行股份有限公司 · China5493002ERZU2K9PZDL40 ↗
- FSB G-SIB list
- In a G-SIB group · Industrial and Commercial Bank of China bucket 3 · 2025 listGLEIF records a G-SIB entity as this legal entity’s ultimate parent. The bucket applies to the group, and membership does not make this entity a bank.
The Industrial and Commercial Bank of China Limited group has 51 institutions in the directory, in 41 countries: all hold a BIC.
Including Industrial and Commercial Bank of China Limited, Industrial and Commercial Bank of China, Industrial and Commercial Bank of China (Europe) S.A., Industrial and Commercial Bank of China Limited, Industrial and Commercial Bank of China Limited.
See the Industrial and Commercial Bank of China Limited group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- ICBC TOWER FLOOR 33 3 GARDEN ROAD CENTRAL 872 HONG KONG
- Operational address
- ICBC TOWER FLOOR 33 3 GARDEN ROAD CENTRAL N/ A CENTRAL HONG KONG
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>UBHKHKHHXXX</BICFI>
<LEI>549300RB8ZUQ2QO5HJ15</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>UBHKHKHHXXX</BICFI>
<LEI>549300RB8ZUQ2QO5HJ15</LEI>
<Nm>INDUSTRIAL AND COMMERCIAL BANK OF CHINA (ASIA) LIMITED</Nm>
<PstlAdr>
<TwnNm>CENTRAL</TwnNm>
<Ctry>HK</Ctry>
<AdrLine>ICBC TOWER FLOOR 33 3 GARDEN ROAD CENTRAL 872</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Network
Branches and correspondent banking
One branch BIC connects to the head office. 5 other banks publish 9 accounts held with this bank.
- Own offices
- Respondent banks: they hold accounts here
Hover over a branch, account or group to see its details
Respondent banks
From the correspondent lists other banks publish
5 other banks publish 9 accounts held with this bank, in 4 currencies.
| Currency | Respondent bank | Held at | Account | Purpose | Published in |
|---|---|---|---|---|---|
| USD | Beijing Rural Commercial Bank China | UBHKHKHH | — | inward remittances (intermediary bank) | bjrcb.com ↗ dated Jul 2025 |
| HKD | Beijing Rural Commercial Bank China | UBHKHKHH | — | inward remittances (intermediary bank) | bjrcb.com ↗ dated Jul 2025 |
| USD | Guangdong Shunde Rural Commercial Bank Company Limited China | UBHKHKHH | — | inward foreign-currency remittances | sdebank.com ↗ dated 14 May 2024 |
| HKD | Guangdong Shunde Rural Commercial Bank Company Limited China | UBHKHKHH | — | inward foreign-currency remittances | sdebank.com ↗ dated 14 May 2024 |
| AUD | Guangdong Shunde Rural Commercial Bank Company Limited China | UBHKHKHH | — | inward foreign-currency remittances | sdebank.com ↗ dated 14 May 2024 |
| USD | Shanghai Rural Commercial Bank CO., LTD China | UBHKHKHH | 861-121-00083-0 | — | shrcb.com ↗ dated 2 Jul 2026 |
| CNH | United Overseas Bank (Thai) Public Company Limited Thailand | UBHKHKHH | 0010000203 | CP, FX, MM, Other | uob.co.th ↗ |
| USD | Xiamen International Bank Co.,ltd. China | UBHKHKHH | 861-059-00052-8 | — | xib.com.cn ↗ dated 1 Nov 2023 |
| HKD | Xiamen International Bank Co.,ltd. China | UBHKHKHH | 861-019-00064-7 | — | xib.com.cn ↗ dated 1 Nov 2023 |
Each row is an account the respondent bank lists as held with this bank, as published. Only banks that publish their correspondent accounts, and that Elucidate has researched, can appear, so the list is not complete. Confirm settlement instructions with either bank before relying on them.
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| UBHKHKHHMTG | ONLY FOR HKD LOCAL PAYMENT | Hong Kong | ICBC TOWER FLOOR 33 3 GARDEN ROAD CENTRAL HONG KONG HONG KONG POB GPO BOX 87 HONG KONG | — | 2026-06-19 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: icbcasia.com (official website) · original.
Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
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