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The original purpose of ICBC was to provide universal and affordable compulsory public auto insurance in British Columbia by operating on a non-profit basis. [3] [4] However, in March 2010, Christy Clark's BC Liberal government announced that it would require ICBC to pay the province dividends totaling some $778 million over three years, thus signaling the end of ICBC's operation as a non ...
In June 2009, ICBC spent 80.25 million Canadian dollars (US$58.53 million) to acquire a 70% stake in the Bank of East Asia (BEA). [31] By the end of 2009, the number of credit cards issued exceeded 52 million, a 33% increase equivalent to nearly 13 million cards compared to the previous year.
The acquisition completed in April 2015. In November 2015, the name of the bank changed to "ICBC Turkey". [3] In July 2018, ICBC provided a $3.6-billion loan package for the Turkish energy and transportation sector. [4] Logo of Tekstilbank A.Ş. until 2015. The remaining 24.5% stock is public and is operated in Borsa Istanbul. [5]
Jay Leno addressed rumors he suffered ghastly facial bruising and was beaten up by the mob over an unpaid gambling debt while appearing on Bill Maher's podcast.
A Kentucky man is accused of murdering a 18-month-old child he had been watching after the child suffered several serious injuries. Police in Elizabethtown, Ky., say that Terrance Corbin, 20, was ...
Same old Sam? Not quite, at least according to Kevin O'Connell. A sensational season for Sam Darnold and the Minnesota Vikings came to a screeching halt Monday night, losing 27-9 to the Rams in an ...
The U.S. Department of Energy has zeroed in on three regions of the country it has determined are in major need of new electric transmission infrastructure and eligible for future federal funding ...
Mindbridge, a software company, announced in September 2007 that it had migrated a large number of Windows servers onto a smaller number of Linux servers and a few BSD servers. It claims to have saved "bunches of money." [123] Virgin America, the low cost U.S. airline, uses Linux to power its in-flight entertainment system, RED. [124]