On April 21, 2010 Industrial and Commercial Bank of China Limited (ICBC) became the largest shareholder in ACL Bank and on July 8, 2010 the Bank completed the registration of its new name: “ธนาคารไอซีบีซี (ไทย) จำกัด (มหาชน)” in Thai and “Industrial and Commercial Bank of China (Thai) Public Company Limited” in English. This name change reflects the transition of ACL Bank to be a member of the ICBC Group..

ICBC was established on January 1, 1984. Its name was formally changed to “Industrial and Commercial Bank of China Limited” following its restructuring to be a joint-stock limited company in October 2005. On October 27, 2006 ICBC was concurrently listed in Shanghai and Hong Kong, which was the largest IPO in the history of the world in terms of amount of fund raised.

Through continuous efforts and stable development, ICBC has become the most profitable bank in the world with the largest market capitalization, the largest customer deposits balance and the highest brand value. ICBC boasts and excellent customer base, a diversified business structure, strong innovation capabilities and competitiveness. It has substantially built upon a multi-jurisdictional and globalizes operation focusing on commercial banking business, and maintained market leading position in almost all commercial banking businesses in China.