Company

Bank of China

Official Name: Bank of China Ltd

Headquarters: Beijing, China

Employees: 309,084

SSE: 601988 +0.22%

Market Cap

CN¥1.078 Trillion

CNY as of Jan. 1, 2024

US$151.64 Billion

Market Cap History

Company Description

Bank of China and its subsidiaries provide various banking and financial services including corporate banking, personal banking, treasury operations, investment banking, and insurance. Services encompass current accounts, loans, trade-related products, credit facilities, foreign exchange, derivatives, wealth management products, credit and debit cards, debt and equity underwriting, insurance underwriting and agency services, and more.

Bank of China market capitalization over time

Evolution of Bank of China Ltd market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Bank of China Ltd

Detailed Description

Bank of China Limited, together with its subsidiaries, provides banking and related financial services. It operates through six segments: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other Operations. The Corporate Banking segment offers current accounts, deposits, overdrafts, loans, trade-related products and other credit facilities, foreign exchange, derivatives, and wealth management products to corporate customers, government authorities, and financial institutions. The Personal Banking segment provides savings deposits, personal loans, credit and debit cards, payments and settlements, wealth management products, and funds and insurance agency services to retail customers. The Treasury Operations segment is involved in the foreign exchange transactions, customer-based interest rate and foreign exchange derivative transactions, money market transactions, proprietary trading, and asset and liability management. The Investment Banking segment offers debt and equity underwriting, financial advisory, stock brokerage, investment research and asset management, and private equity investment services, as well as sells and trades in securities. The Insurance segment underwrites general and life insurance products; and provides insurance agency services. As of December 31, 2020, the company operated approximately 11,550 institutions, including 10,991 institutions in Chinese mainland; and 559 institutions in Hong Kong, Macau, Taiwan, and other countries. It is also involved in the aircraft leasing business. The company was founded in 1912 and is headquartered in Beijing, China. Bank of China Limited is a subsidiary of Central Huijin Investment Limited.

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Product & Services

Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, Wealth Management, Credit and Debit Cards, Foreign Exchange, Derivatives, Aircraft Leasing

Details

Headquarters:

No. 1 Fuxingmen Nei Dajie

Xicheng District

Beijing, 100818

China

Phone: 86 10 6659 6688

Fax: 86 10 6601 6871