Why is ICBC called the Cosmic Bank?

ICBC is the listed bank with the largest market capitalization, largest customer deposits and most profits in the world. It is also ranked first in magazines such as The Banker. In addition, the English abbreviation of ICBC is icbc, which is jokingly called "love or not", which also reflects that ICBC is very good. If you don’t count the bank of undiscovered aliens, then ICBC is not the Bank of the Universe. ICBC is called the Bank of the Universe because it can be regarded as the number one bank in the world. It ranks first in all indicators, has the largest market capitalization and the most profits. Although ICBC is the Bank of the Universe, it is a joking name, but it reflects ICBC's strong financial strength and strong profitability. So, why is ICBC so awesome? This stems from ICBC's loan business. ICBC's loan business mainly targets large state-owned enterprises, especially in the real estate industry. Since 2002, real estate marketization has begun, and commercial housing has emerged. Correspondingly, the stock market has plummeted, and most funds have been invested in the real estate industry. As a result, China's housing prices began to rise sharply for ten years. The main business of ICBC is real estate loans. Relying on the rapid development of real estate, ICBC naturally makes the most profits and becomes the number one bank in the world.