ICBC has been proactively adapted to financial disintermediation and corporate de-leveraging from the year to date by accelerating the transformation of corporate banking businesses, and developing non-credit financing services such as bond underwriting, financial lease, syndicate distribution and entrusted loans. Statistics showed that in the first half of 2016 ICBC completed 143 transactions as lead manager of syndicated loan, with a total financing amount of USD 25,897 million, including 98 deals as underwriter of syndicate loans with a total value of USD 20,939 million, both of which were ranked No.1 in the financial sector across Asia-Pacific (excluding Japan).

In the first half of 2016, China Cinda Asset Management’s acquisition of Nanyang Commercial Bank, with ICBC engaged as the lead manager, is the largest M&A deal in the banking industry in Hong Kong in recent years. ICBC also organized as the lead manager and raised USD 10 billion syndicated loans for Ministry of Finance of Saudi Arabia, which is the first capital market financing of the client in nearly 25 years.

In addition, ICBC also met businesses' diversified financial demands through syndicate distribution and other services. It took the lead in building a syndicated loan distribution network widely participated by banking peers. By promoting innovative modes such as grouped syndicate, M&A syndicate, factoring syndicate, "syndicate + group-wide loan", ICBC has facilitated the sound development of the syndicated loan market.