Grace period of ICBC credit card

ICBC provides a 3-day grace period for repayment of designated credit cards (such as Star Card and Struggle Card). ), while other credit cards do not enjoy grace period treatment. Repayment within the grace period is regarded as timely repayment by the cardholder. If the cardholder fails to repay the loan within the time limit, ICBC will report the overdue behavior of the credit card holder to the credit information system of the central bank. However, unlike the "full penalty interest" method of other banks, ICBC charges interest according to the unpaid part, and the paid part no longer bears interest.

China Industrial and Commercial Bank is a financial institution engaged in deposit and loan, settlement and cash management. Established in June 1 984 65438+1October1,it is a large state-owned bank under central management.

The Bank's main businesses include: corporate deposits and loans, inclusive finance, institutional finance, settlement and cash management, trade financing, investment banking, etc. On June 27th, 2006, it was listed on both Hong Kong Stock Exchange and Shanghai Stock Exchange.

202 1, 10 year129 October, ICBC disclosed the third quarterly report. The company's operating income in the third quarter was 2174.89 million yuan, a year-on-year increase of 9.90%. The net profit in the third quarter was 88.35 billion yuan, a year-on-year increase of 65,438+00.59%.

Settlement and cash management business:

In 20 19, ICBC promoted the construction of six product lines, including account management, liquidity management, trade financing, risk management, investment and wealth management, and payment management, and provided comprehensive customer-centered service solutions. Strengthen the application and promotion of the advantage platform and continue to consolidate its leading edge in the field of public payment. Promote the global cash management platform and build a global cash management business system. Promote the "ICBC" financial service platform to meet the financial needs of enterprises and realize the effective customer acquisition model of "transaction+finance". At the end of 20 19, there were 9.443 million enterprise settlement accounts, an increase of 13.5% over the end of last year, and the RMB settlement business of enterprises in the whole year was 2,399 trillion yuan. 1.426 million cash management customers; There were 7,973 global cash management customers, an increase of 9.5%.

International settlement and trade financing business:

In 20 19, ICBC comprehensively improved the financial service level of cross-border trade, actively cooperated with the General Administration of Customs to fully participate in the financial service function project of the "single window" platform for international trade, and provided one-stop cross-border settlement, financing and other financial services for domestic import and export enterprises. Strengthen the innovation of trade and financial products, strengthen the special management of forfaiting business, and promote inter-bank cooperation. Vigorously promote the non-financing letter of guarantee business and help the Bank's external guarantee business develop healthily and rapidly. In 20 19, domestic and international trade financing was paid out to a total of 50.895 billion dollars. The international settlement volume was US$ 2,988.556 billion, of which US$ 65,438 and US$ 205.334 billion were handled by overseas institutions.

Investment banking:

20 19, ICBC increased its support for M&A loans in key areas such as listed companies, industrial mergers and acquisitions, state-owned enterprise reform, and the Belt and Road Initiative. Actively explore a new mode of investment-loan linkage, set up ICBC new kinetic energy (technological innovation) fund and ICBC new kinetic energy (debt-to-equity swap) fund in batches, increase support for strategic emerging industries and private economy, and boost the development of technology-based enterprises. Further upgrade Rong Zhi e-letter, Rongan e-letter, Rongyu e-letter and other financial advisory service products. In 20 19, it mainly underwrote domestic bond projects 1 0,802, with a total underwriting scale of 15,1735 billion yuan, ranking first in the domestic market.