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China Daily | Updated: 2009-05-26 08:14

ICBC gets SBG dividend

Industrial and Commercial Bank of China, the world's largest lender by market value, received about 1.8 billion rand ($220 million) of dividends from Standard Bank Group (SBG) after buying a stake in the company last year. The return on the investment amounted to 7.7 percent, ICBC said in an e- mailed statement yesterday.

IEFS meet in Beijing

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