Industrial and Commercial Bank of China (Argentina) provides financial services to individuals, companies and SMEs. It's the eight largest bank in the private sector in Argentinca, in terms of assets and deposits. The bank offers a wide range of products and services, including savings and checking accounts, credit ad debit cards, personal loans, mutual funds and insurance services. Currently, ICBD in Argentina has a network of 98 branches located in 17 provinces of Argentina. It was incorporated in 1998 and is based in Buenos Aires. ICBC acquired a 20% stake in Standard Bank in 2007 and in 2011, purchased a controlling stake in Standard Bank in Argentina. The bank was renamed to "Industrial and Commercial Bank of China (Argentina)" and acts as the local unit of the chinese company.
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