ICBC launches first Banking@Home E-banking wealth management product
ICBC has begun offering the first Banking@Home Electronic Banking wealth management product for users of Personal Internet Banking and Mobile Banking. The product has a duration of 63 days. The initial minimum subscription of the product is CNY 50,000 ($7833), while the expected highest annualised yield is higher than other wealth management products of the same term, and the same initial subscription amount. Customers can only buy the product via ICBC Personal Internet Banking or Mobile Banking.