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ICBC Board Backs Green Finance Review, Compliance Overhaul and 2024 Pay Plans

Story Highlights
  • ICBC’s board approved green finance implementation review and updated 2025 compliance rules.
  • Board and audit committees cleared 2024 pay plans for directors, executives and supervisors pending shareholder approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ICBC Board Backs Green Finance Review, Compliance Overhaul and 2024 Pay Plans

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Industrial and Commercial Bank of China ( (HK:1398) ) has shared an announcement.

ICBC’s board of directors met in Beijing on 23 December 2025 and approved several governance and policy measures, including a report on the bank’s green finance implementation over the past two years and the 2025 version of its basic compliance management regulations, underscoring a continued focus on sustainability and regulatory discipline. The board also endorsed payment plans for 2024 remuneration for directors and senior management, with independent directors confirming their compliance with state rules and the bank’s articles of association, while the audit committee separately approved a 2024 remuneration plan for supervisors; these proposals will now be put forward to the shareholders’ meeting, signalling incremental but important adjustments to governance, incentive structures and oversight within one of China’s largest banks.

The most recent analyst rating on (HK:1398) stock is a Buy with a HK$8.00 price target. To see the full list of analyst forecasts on Industrial and Commercial Bank of China stock, see the HK:1398 Stock Forecast page.

More about Industrial and Commercial Bank of China

Industrial and Commercial Bank of China Limited (ICBC) is a leading Chinese state-owned commercial bank, listed in Hong Kong under stock code 1398. It provides a full suite of banking and financial services to corporate and retail clients in China and internationally, and operates under a board-governed structure with oversight from various specialized committees, including compensation and audit committees.

Average Trading Volume: 209,423,468

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$2879.4B

For detailed information about 1398 stock, go to TipRanks’ Stock Analysis page.

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