The Industrial and Commercial Bank of China (ICBC), the world"s biggest lender by market value, will acquire a 20-percent stake in South Africa"s Standard Bank for $5.5 billion, said ICBC President Yang Kaisheng, at the 4th Annual Conference of International Finance Forum just concluded on November 8.
P(gun)~Overseas Expansion ϣţ overseas overseas+trips
c(din)x