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.
Hong Kong banks ramped up hiring but investment bankers laid off
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.
Lower interest rates and property woes weigh on Bank of China’s profits
Net interest margin fell, although at a lower decline than other Chinese megabanks.
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 expanding e-HKD prepaid pilot to 50 products
It is now inviting customers to participate in the pilot.
BOCHK warns customers of two fraudulent websites
Customers who used these sites are strongly urged to contact BOCHK immediately.
Commentary
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The Asian connection: China's path to sustainable growth