Bank of China
The Bank of China is a Chinese majority state-owned commercial bank headquartered in Beijing and the fourth largest bank in the world.
See below for the Latest Bank of China News, Analysis, Profit Results, Share Price Information, and Commentary.
Top 25 banks’ market cap rises 27.1% in Q4 2024
Top 25 banks’ market cap rises 27.1% in Q4 2024
ICBC is APAC’s top bank in terms of market cap; DBS rises to 23rd spot.
3 days ago
Global banking industry faces headwinds amidst shifting monetary, political landscapes: BOC
It is expected to see pressures on profit growth and uneven expansion.
Chinese banks set up offices at Dubai International Financial Centre
About 8 banks from China now have locations in the financial centre.
China's financial sector intensifies efforts to stabilise economy
The transformation of the monetary policy framework has also accelerated.
BOCHK reports 6.1% higher net operating profit for Q3
There were reportedly more business opportunities as tourism recovered.
BOCHK makes fully automated transactions of corporate remittances
BOCHK is the first Hong Kong commercial bank to connect to mBridge.
China’s big four banks face $100b shortfall in loss-absorbing capital
The banks have not yet met their required loss-absorbing capacity levels.
Higher deposits, wealth buoy BOCHK to 17.9% profit rise in H1
Interim dividend for the period is HK$0.57 per share.
Malaysia’s central bank fines Bank of China for unapproved system relocation
The bank reportedly failed to obtain approval before relocating the systems.
PwC loses Bank of China as client: report
Bank of China plans to appoint EY as its auditor for 2024.
Chinese banks’ Q2 earnings subdued as balance sheet growth decelerates
But NIM and asset quality pressures are improving.
BOCHK to conduct system maintenance on 4 August
Some services will be unavailable until 12NN.
Hong Kong banks ramped up hiring but investment bankers laid off
Trade and private bankers are most in demand, although banks are cautious.
APAC’s Top 20 banks' combined revenue up 4.3% in 2023
Japanese banks were the biggest winners whilst Chinese banks’ total revenue dipped.
Chinese banks dominant whilst Japan, South Korean banks’ assets falter
Australian and Singaporean banks’ assets remained steady, S&P’s study showed.
BOCHK warns against remittance phishing email
The email reportedly intends to steal customers’ data.
BOCHK warns against phishing website
The fake login page intends to steal customers’ data, BOCHK said.
Commentary
Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks