ICBC has big plans for small firms

Lender to widen market access with increased lending to microenterprises

China's largest State-owned commercial bank by assets will strengthen financial inclusion, ensuring more than one-third of its new corporate loans are issued to small and microenterprises in the next three years, according to the bank's chairman.

"We plan to double our loans related to financial inclusion in the next three years, with growth of over 30 percent a year on average," said Yi Huiman, chairman of Industrial and Commercial Bank of China Ltd, at a news conference on Wednesday.