The institution that controls the Dragon’s economy
Established in February, 1912, Bank of China serves simultaneously as the country’s central bank, international exchange bank and specialised international trade bank. The Bank of China was the first among the commercial banks to launch an A-Share and H-Share initial public offering and achieve a dual listing in both markets. The bank’s core business is commercial banking, including corporate banking, personal banking and financial markets services. The bank provides a plethora of corporate banking services including corporate financing, trade services, RMB settlement services, corporate financial services and other services.
1. Provides a comprehensive range of financial services across the Chinese mainland, Hong Kong, Macau, Taiwan and 37 countries
2. Bank’s total assets, liabilities and equity amounted to RMB16.02 trillion, RMB14.75 trillion and RMB1.27 trillion respectively
3. The second largest lender in China by market cap