ICBC bullish on electronic bill of exchange business

ICBC has developed a full product line for the acceptance, discounting, inter-bank discounting and re-discounting of electronic bills.

In January-November period, ICBC generated more than RMB 30 billion in e-bill acceptance and over RMB 27 billion in discounting of electronic bills.

ICBC contributes significantly to the progress and prosperity of electronic bill business in China by being the top domestic bank in discounting amount.