ING BANK N.V. V. INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD

[2024] HKCFI 2220 Court of First Instance 23 August 2024 • HCCL2/2023 • 33 min read

15 cases cited (0 HK, 15 foreign) Cited by 4 cases

Judges (1)

Counsel (6)

King & Wood Mallesons Firm Reed Smith Richards Butler LLP Firm Benjamin Yu Counsel Defendant Jat Sew-Tong Counsel Plaintiff Julian Lam Counsel Plaintiff Keith Lam Counsel Defendant

Parties (2)

Industrial and Commercial Bank of China Limited Defendant Ing Bank N.V Plaintiff

Case Significance

ING Bank N.V. v. Industrial and Commercial Bank of China Ltd [2024] HKCFI 2220 was decided by the Court of First Instance on 23 August 2024. The dispute proceeded to the Court of Appeal under the same case name in ING Bank N.V. v. Industrial and Commercial Bank of China Ltd [2025] HKCA 824, and the 2024 decision has also been referred to in CTBC Bank Co Ltd v. Industrial and Commercial Bank of China Ltd [2024] HKCFI 2820.

Did ING Bank N.V. v. Industrial and Commercial Bank of China Ltd go to appeal ([2024] HKCFI 2220)?

Yes. The Court of First Instance decision in ING Bank N.V. v. Industrial and Commercial Bank of China Ltd [2024] HKCFI 2220 was followed by an appeal under the same case name, reported as ING Bank N.V. v. Industrial and Commercial Bank of China Ltd [2025] HKCA 824.

Cases Cited (15)

UK (4)

[1972] 2 QB 34 [1986] 1 QB 1225 [2011] 1 WLR 2575 [2020] 1 WLR 4117

HK (11)

(2012) 15 HKCFAR 569 (2014) 17 HKCFAR 364 [1995] 2 HKC 761 [1997] HKLRD 304 [2001] 3 HKC 250 [2009] 1 HKLRD 264 [2011] 2 HKLRD 45 [2018] HKCFI 2474 [2019] HKCFI 2631 [2021] HKCFI 1283 [2022] 2 HKC 267

Cited By (4)

[2025] HKFC 151

YMLI V. LTYS ALSO KNOWN AS LSTY ALSO KNOWN AS LST

[2025] HKCFI 4558

MARINA BAY SANDS PTE LTD V. TSANG YEUK KWAN

[2025] HKCA 824

ING BANK N.V. V. INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD

[2024] HKCFI 2820

CTBC BANK CO LTD V. INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD

Citation influence

HKLII records this judgment as cited by 4 later judgments. This counts every later Hong Kong judgment that references this case, which is broader than the resolved citations listed above.

[2025] HKCFI 4558 Court of First Instance

26 September 2025

[2024] HKCFI 2820 Court of First Instance

21 October 2024

[2025] HKFC 151 Family Court

17 October 2025

[2025] HKCA 824 Court of Appeal

5 September 2025