In 2022, Industrial and Commercial Bank of China (Europe) S.A. reported an overall net loss of roughly *** million euros. This was by far the largest loss in the observed period. The European division of the world's biggest bank has been located and registered in Luxembourg since 1999, becoming the European headquarters in 2011. It has branches in multiple European cities, like Amsterdam, Milan, Lisbon, Brussels, Barcelona, Madrid and Warsaw. Several Asian financial institutions, such as China Everbright, established themselves in Luxembourg to gain access to the EU internal market.
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PwC. (September 26, 2023). Total profit of Industrial & Commercial Bank of China (ICBC) in Europe from 2015 to 2022 (in million euros) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 29, 2026, from /statistics/1072692/profit-of-icbc-europe/
PwC. "Total profit of Industrial & Commercial Bank of China (ICBC) in Europe from 2015 to 2022 (in million euros)." Chart. September 26, 2023. ÌÇÐÄÆƽâ°æ. Accessed July 29, 2026. /statistics/1072692/profit-of-icbc-europe/
PwC. (2023). Total profit of Industrial & Commercial Bank of China (ICBC) in Europe from 2015 to 2022 (in million euros). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 29, 2026. /statistics/1072692/profit-of-icbc-europe/
PwC. "Total Profit of Industrial & Commercial Bank of China (Icbc) in Europe from 2015 to 2022 (in Million Euros)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 26 Sep 2023, /statistics/1072692/profit-of-icbc-europe/
PwC, Total profit of Industrial & Commercial Bank of China (ICBC) in Europe from 2015 to 2022 (in million euros) ÌÇÐÄÆƽâ°æ, /statistics/1072692/profit-of-icbc-europe/ (last visited July 29, 2026)
Total profit of Industrial & Commercial Bank of China (ICBC) in Europe from 2015 to 2022 (in million euros) [Graph], PwC, September 26, 2023. [Online]. Available: /statistics/1072692/profit-of-icbc-europe/
