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The industrial and commercial bank of China (ICBC) was classified last year to the first rank of the commercial banks of the country for its competitiveness, according to a report published Sunday by the magazine Chinese Banker.

The collegial administration, the treatment of the business, the data processing, the control of the risks, the products and the services, the human resources and the strategies of development are the factors of the assessment of the competitive strength of the commercial banks of the country, declared Wang Songqi, editor-in-chief of the magazine based in Beijing.

Wang, also leading attaches the institute of the finances being a matter for the academy of Social studies, added that according to the research, the institutions of the country had made progress concerning competitiveness. However, their profitability leans extensively on the margins of interest of the commercial transactions.

Because of the interior and world financial uncertainty, the banking industry complicates makes facing challenges in the management of the credit risk, of liquidity, and the profitability, it has made to notice.

It is the fourth time that the magazine publishes a yearly report on the competitiveness of the interior banks, written by a group of experts on one year about.