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

	Mortage requirements toughened at Shanghai's banks September 27,2007 By STAFF EDITOR CCB warns of mortgage risks amid rate hikes September 21,2007 By STAFF EDITOR Acxiom optimistic over China September 20,2007 By STAFF EDITOR Banks apply to lease planes September 18,2007 By STAFF EDITOR Standard Chartered to extend personal banking September 14,2007 By STAFF EDITOR SCB launches private banking in Shanghai September 10,2007 By STAFF EDITOR Interbank dealers’ asssociation launched September 04,2007 By STAFF EDITOR Mainlanders to trade HK stocks through BoC August 27,2007 By STAFF EDITOR Central bank to issue US$13b in special bills August 20,2007 By STAFF EDITOR SWIFT to set up first office in China August 20,2007 By STAFF EDITOR Prev 2 3 4 5 6 7 8 9 10 11 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 China Central Bank in need of a cash infusion, RMB appreciation to pause Garment makers targeting domestic market outperform exporters Poly Real Estate revenues up 25% YTD Shenyang’s Tiexi district targets alternative energy sector 40% of Chinese private firms target overseas expansion: HSBC BMW to build 2nd plant on mainland Wuhan Optical Valley sets sights on global influence by 2020 XEMC Windpower inks US$46m deal with Datang Power Generation Haima to build 2 150,000-vehicle plants Paper makers team up on eco-friendly plant Go to Complete List >

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