Bank of China Limited

Bank of China is the longest running bank in China. Formally established in February 1912, it has successively performed the functions of a central bank, an international exchange bank, and a bank specializing in international trade. Since 1949, it has been a national bank specializing in foreign exchange and foreign trade for a long time, unify the operation and management of national foreign exchange, and carry out international trade settlement, remittance, and other non-trade foreign exchange services. In 1994, it was restructured as a wholly state-owned commercial bank, providing a full range of financial services, and developed into a large-scale commercial bank with both local and foreign currencies, a complete range of businesses, and strong strength. In 2006, it was the first to be successfully listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange, becoming the first “A+H” listed bank in China. The Bank of China is the sole official banking partner for the 2008 Beijing Summer Olympics and the 2022 Beijing Winter Olympics, and is the only “Double Olympic Bank” in China. In 2011, the Bank of China became the first systemically important bank in an emerging economy. It has now been selected for 12 consecutive years, and its international status, competitiveness, and comprehensive strength rank among the world's largest banks. In 2021, the Bank of China prepared the Group's “14th Five-Year Plan” to identify its position and comparative advantage in domestic and international dual cycles, focus on developing eight major financings, including technology finance, green finance, inclusive finance, cross-border finance, consumer finance, wealth finance, supply chain finance, and county finance, accelerate the construction of a strategic development pattern with domestic commercial banks as the main body and globalization integration as the two sides, and start a new chapter of striving to build a world-class modern banking group. The Bank of China is the bank with the highest degree of globalization and integration in China. It has institutions in 62 countries and regions in mainland China and overseas, and BOC Hong Kong and Macau branches act as local banknote issuers. The Bank of China has a relatively complete global service network, and has formed a comprehensive service platform covering various fields such as investment banking, direct investment, securities, insurance, funds, aircraft leasing, asset management, fintech, financial leasing, etc., to provide customers with “one-point access, global response, and comprehensive service” financial solutions. Bank of China is a bank with a lofty sense of mission and responsibility. Throughout the development process over the past 111 years, the Bank of China has always been committed to the nation, continuously striving for the country's prosperity, strength, and national rejuvenation; always being rooted in the people, providing excellent service, and fulfilling the responsibilities of finance, enriching, benefiting the people, and providing convenience; always keeping the world in mind, openness and inclusiveness, mobilizing both domestic and overseas resources to serve the two-way interaction between China and the world; always follow the rules, create steadily, act in good faith, and innovate. In the new journey of comprehensively building a modern socialist country, the Bank of China, as a large state-owned commercial bank, will adhere to Xi Jinping's ideology of socialism with Chinese characteristics in the new era, carry forward the fine tradition of “century-old stores” to pursue excellence, fully, accurately and comprehensively implement the new development concept, serve to construct a new development pattern, consciously assume the lofty mission of “integrating the world and benefiting society”, and implement the values of “excellent service, steady creation, openness and inclusiveness, and win-win”, and accelerate the construction of a world-class modern banking group to help promote the modernization of the Chinese style quality Development has made new and greater contributions to the overall promotion of the great rejuvenation of the Chinese nation.