The ICBC has received funds of US$ 15 bln from the Central Huijin Investment Co. The ICBC has worked out a set of managerial and risk management measures to maintain and increase the value of the funds, according to sources from the bank.

The Asset and Liability Committee of ICBC will manage the fund from foreign exchange and exercise the highest decision-making right; while the operational departments will undertake responsibilities in enforcement, control and appraisal.

By People's Daily Online