Bank of China Hong Kong
Bank of China (Hong Kong), abbreviated as BOCHK, is a subsidiary of the China-headquartered banking giant Bank of China.
The bank was formed in 2001, after the Bank of China Group in Hong Kong restructured and combined the businesses of 10 of the 12 banks it operates and owns in Hong Kong.
It is one of the three note-issuing banks and the sole clearing bank for Renminbi (“RMB”) business in Hong Kong.
BOCHK reports 6.1% higher net operating profit for Q3
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.
BOCHK warns against suspicious SMS messages
It reminded customers that it will only send messages starting with a “#”.
Top banks’ market cap up 5.4% in Q2
China’s big four banks saw growth although NIMs fell.
BOCHK to conduct system maintenance on 4 August
Some services will be unavailable until 12NN.
BOCHK warns against phishing website
The fake login page intends to steal customers’ data, BOCHK said.
BOCHK's strong profits combats its property loan weakness
The bad loans ratio, whilst rising in 2023, is expected to fall to 0.7% in 2024-2025.
BOCHK warns against phishing email
It advised customers to delete suspicious emails and attachments without opening them.
BOCHK warns against 4 fake websites
The sites purport to be from a logistics service provider and online trading platform.
BOCHK warns of fake websites
The websites reportedly intend to steal customers’ data.
BOCHK warns against fraudulent website
The bank denied any connection to the site and has reported it to authorities.
BOCHK warns of phishing emails
It has reported the case to Hong Kong authorities.
Bank of China HK uses e-CNY for $5.1m cross-boundary settlement
It's a stepping stone towards the normalization of e-CNY use amongst BOCHK's corporate customers.
Bank of China HK disables screen capture, recording on Android apps
This was due to a rise of malware scams.
BOCHK net income up 20.8% to US$6.21b in 9M 2023
Net interest margin rose 36 basis points during the first nine months of 2023.
Bank of China Hong Kong keeps HKD prime rate, deposit rate steady
Savings accounts with over HK$1m will enjoy a 0.001% pa additional bonus rate.
Bank of China Hong Kong expanding e-HKD prepaid pilot to 50 products
It is now inviting customers to participate in the pilot.
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ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
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