Bank of China Ltd (BOC), a subsidiary of Central Huijin Investment Ltd, is a provider of personal and commercial banking, wealth management and private banking, treasury, investment banking, insurance, and other financial solutions. Its portfolio of offerings consists of accounts and deposits, which include current accounts, term deposits, gift deposits; loans for foreign education, house, syndicated loans, export supplier, and the export buyer; card products such as credit and debit cards, and life and non-life insurance. As part of its related financial services, BOC provides domestic and overseas remittance, trade services, RMB settlement, telephone banking, cash management, agency bill payment, annuity, and cross-border cash management. The bank has an operational presence in the Asia Pacific, Europe, Africa, the Middle East, and the Americas. BOC is headquartered in Beijing, China.
Headquarters
China
Address
Xicheng District, Beijing, 100818
Website
www.boc.cn
Telephone
86 10 66596688
No of Employees
304,521
Industry
Financial Services
Ticker Symbol & Exchange
601988 (SHA)
Revenue (2022)
$152.9B
5.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
12.3%
(2022 vs 2021)
Market Cap*
$149.5B
Net Profit Margin (2022)
XYZ
6.8%
(2022 vs 2021)
* As of and is in US$
Bank of China Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Deposits and Accounts: | Telephone Banking |
| Personal Joint Accounts | Online Banking |
| Current All-In-One Accounts | Foreign Exchange Trading |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Financing Agreements | In January, the company, Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, Bank of Communication, China Minsheng Bank, the Export-Import Bank of China, and Shanghai Pudong Development Bank jointly formed a syndicate to provide Fosun High Technology a loan totaling RMB12 billion. |
| 2022 | Contracts/Agreements | In December, the company signed a loan agreement with Government for EUR160.8 million for the advancement of the construction of the New Demerara River Bridge. |
| 2022 | Others | In December, the company offered e-laisee incentives to customers to try the digital currency. |
Competitor Comparison
| Key Parameters | Bank of China Ltd | Industrial and Commercial Bank of China Ltd | Agricultural Bank of China Ltd | Bank of Communications Co Ltd | China Merchants Bank Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Beijing | Beijing | Beijing | Shanghai | Shenzhen |
| State/Province | Beijing | Beijing | Beijing | Shanghai | Guangdong |
| No. of Employees | 304,521 | 425,000 | 450,299 | 90,654 | 103,904 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Liu Liange | Chairman | Executive Board | 2019 | 61 |
| Liu Jin | Vice Chairman; President | Executive Board | 2021 | 55 |
| Wang Wei | Executive Vice President; Director | Executive Board | 2020 | 59 |
| Meng Qian | Chief Information Officer | Senior Management | 2022 | - |
| Liu Jiandong | Chief Risk Officer | Senior Management | 2019 | 53 |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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