ICBC(SH:601398) 券商中国·2025-09-02 06:58Core Viewpoint - The meeting between the Chairman of Industrial and Commercial Bank of China (ICBC) and the Pakistani Finance Minister highlights the strengthening of economic and financial cooperation between China and Pakistan, particularly in the context of the Belt and Road Initiative and the China-Pakistan Economic Corridor [1]. Group 1 - ICBC is one of the first Chinese financial institutions to enter Pakistan, establishing its Karachi branch in 2011 and having additional offices in Islamabad and Lahore [1]. - In 2022, ICBC was authorized by the People's Bank of China to act as the Renminbi clearing bank for Pakistan, contributing positively to the high-quality development of the Belt and Road Initiative and the China-Pakistan Economic Corridor [1]. - The bank aims to leverage its global presence to enhance cooperation with the Pakistani Ministry of Finance and local financial institutions, injecting new momentum into the development of the all-weather strategic partnership between China and Pakistan [1].