Bank of China
Updated: 2006-11-15 15:47 Bank of China,or Bank of China Limited in full, is
one of China's four state-owned commercial banks. Its businesses cover
commercial banking, investment banking and insurance. Members of the group
include BOC Hong Kong, BOC International, BOCG Insurance and other financial
institutions. The Bank provides a comprehensive range of high-quality financial
services to individual and corporate customers as well as financial institutions
worldwide. In terms of tier one capital, it ranked 18th among the world's top
1,000 banks by The Banker magazine in 2005.
The Bank is mainly engaged in commercial banking, including corporate and
retail banking, treasury business and financial institutions banking. Corporate
banking is built upon credit products, to provide customers with personalized
and innovative financial services as well as financing and financial solutions.
Retail banking serves the financial needs of the Bank's individual customers,
focusing on providing them with such services as savings deposit, consumer
credit bankcard and wealth management business. Treasury business includes
domestic and foreign-currency trading and investment, fund management, wealth
management, value-secured debt business, domestic and overseas financing and
other fund operation and management services.
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