Bank Of China @ The China Perspective

Founded in 1912 straight after the 1911 Revolution, Bank of China is the second largest bank in China. It now has its global presence through its network of over 560 overseas offices in 25 countries and regions. In Hong Kong and Macao, Bank of China is one of the local note issuing banks. Commercial banking includes corporate banking, retail banking and banking with financial institutions composes the major business areas. In 2005, the annual interest income increased 30 percent to 167.35 billion yuan. Net interest income after LLP increased 46 percent to 89.42 billion yuan. Net earnings increased 31% to 27.49 billion yuan. In 2006, Bank of China has listed in both Hong Kong and Shanghai, which becomes the largest domestic IPO in China.

Today’s Daily Briefs E-Mail

	Consortium financing up 42.7% to $23b March 21,2008 By STAFF EDITOR China not susceptible to sluggish US: Economist March 18,2008 By STAFF EDITOR New loans down in Shanghai last month March 12,2008 By STAFF EDITOR Shanghai banks receive February deposit windfall March 11,2008 By STAFF EDITOR Profits at Chinese banks up 83% February 26,2008 By STAFF EDITOR Chinese bank assets worth US$7.3t February 14,2008 By STAFF EDITOR Snowstorm-stricken receive bank bail-out February 04,2008 By STAFF EDITOR Standard Chartered, Export-Import Bank in "going out" deal January 30,2008 By STAFF EDITOR ICBC eyes 30% increase in credit card issues January 29,2008 By STAFF EDITOR Bank of China buys fund manager from subsidiaries January 17,2008 By STAFF EDITOR 1 2 3 4 5 6 7 8 9 10 Next	Founded in 1912 straight after the 1911 Revolution, Bank of China is the second largest bank in China. It now has its global presence through its network of over 560 overseas offices in 25 countries and regions. In Hong Kong and Macao, Bank of China is one of the local note issuing banks. Commercial banking includes corporate banking, retail banking and banking with financial institutions composes the major business areas. In 2005, the annual interest income increased 30 percent to 167.35 billion yuan. Net interest income after LLP increased 46 percent to 89.42 billion yuan. Net earnings increased 31% to 27.49 billion yuan. In 2006, Bank of China has listed in both Hong Kong and Shanghai, which becomes the largest domestic IPO in China. Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. MOST POPULAR Flat panel TV production up 42% Disney launches English language school in Shanghai M&A activity down in Q3 Bosch to sink additional US$1.17b into China Airbus may cooperate with China’s jumbo jet maker One-third of users access internet through mobile phone Shenzhen to spend US$439m on software base Ship export earnings up 61% through July Profits slashed at chemical maker amid rising costs Shenzhen-listed firms buy assets worth $3.25b in 1H Go to Complete List >

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