Bank of China

Bank of China (Bank of China Limited) is one of the four state-owned commercial banks of China. It was established in 1912. In 1949, Bank of China became the state-designated specialized foreign exchange bank. Bank of China was converted into a wholly state-owned commercial bank in 1994. On August 26, 2004, Bank of China Limited was formally incorporated in Beijing as a state-controlled joint stock commercial bank.

The mission of the bank is to provide a comprehensive range of high-quality financial services to individual and corporate customers as well as financial institutions worldwide.

The businesses of Bank of China are:

• Treasury business
• Financial institutions banking

3. Investment banking
4. Foreign Exchange and Settlement
5. Insurance

Key Statistics

• Bank of China holds assets of $587,348.8 millions.
• The company has made profits of $3,851.6 millions in 2006.
• Bank of China operates in 27 countries and regions.
• Bank of China has 209,265 employees.

Organization

The organization includes:

• Board of Directors
• Top Management
• Operational Level (Business, General, Supporting)
• Supervision Level (Audit-inspection)

International Ranking

• Bank of China ranks 255 in Fortune Global 500 list.
• BOC Hong Kong ranks 495 in the list of Forbes Magazine.

Subsidiaries

Members of the group include BOC Hong Kong, BOC International, BOCG Insurance and other financial institutions.

Recent Acquisition

Bank of China acquired Singapore Aircraft Leasing Enterprise in 2006.

Headquarter Address

1 Fuxingmenneinei Ave.,
Beijing, 100818
Phone: 86-10-6601-4004
Website URL : www.bank-of-china.com , www.boc.cn