Bank of China, the full name of the Bank of China Ltd., China is one of the four major state-owned commercial banks. Business scope covers commercial banks, investment banks and insurance fields, there's Bank of China, Bank of China, Bank of China Insurance Holdings, and other financial institutions, on a global scale to individuals and corporate clients to provide comprehensive and high quality financial services. According to the calculation of core capital, in 2005 the Bank of China in the United Kingdom, "the banker" magazine "World Bank 1000," ranked 18th out of place.
Main Commercial Bank of China banking business, including corporate, personal finance, funds and financial institutions, and other business operations. Business credit-based products, is committed to providing customers with personalized and innovative financial services and financing, financial solutions. The main individual financial services for individual customers of financial needs, including the provision of savings deposits, consumer credit and bank cards and other services. Business and foreign currency funds, including hedge against inflation, financial management, preserving and increasing debt, domestic and foreign funds financing the operation and management services. The financial institutions business is the world's other banks, securities firms and insurance companies to provide funds such as clearing, such as lending and depository services. China's financial industry as the century-old brand, the Bank of China at the same time pay attention to the sound operation of the aggressive, innovative, to create a domestic banking sector in the first of many in the international settlement, foreign exchange and money in areas such as trade finance and industry customers to be widely recognized And praise.
Bank of China nearly a century long history and brilliant in the history of China's financial played an important role to play. Bank of China in 1912 by Dr. Sun Yat-sen approval of the establishment of the People's Republic of China in 1949 to set up 37 years, the Bank of China was the country one after another central bank, exchange rate international banks and professional foreign trade bank. Bank of China to faith-based, in order to revitalize the nation's financial industry mission in the war and the difficult environment to expand the market, the healthy operation of reforms, showing the indomitable spirit of entrepreneurship, banking and business performance in a long-term industry leadership , And branches have been extended to overseas banks in China's modern history has left a glorious chapter.
In 1949, the Bank of China became the designated country's foreign exchange professional foreign trade bank, the country's economic construction and social development have made great contributions to the. In 1994 with the deepening of the reform of the financial system, Bank of China to become state-owned commercial banks, and three other state-owned commercial banks has become a pillar of the country's financial industry.
Bank of China in 2003, the State Council have been identified as state-owned commercial banks, joint-stock transformation of one of the pilot banks. Around the "capital adequacy, strict internal control, safe operation, good service and efficiency, internationally competitive modern joint-stock commercial banks," the objective of the Bank of China to further improve the corporate governance mechanisms to strengthen risk management and internal control system, integrated management Processes and business process and promoting human resources management reform, speed up product innovation and service innovation, and steadily push forward joint-stock transformation. August 26, 2004, the Bank of China Limited set up, marked the history of the Bank of China opened a new chapter, to start a new journey.
Bank of China is the highest degree of internationalization of China's commercial banks. In 1929, the Bank of China in London to set up China's financial industry's first overseas branch. Since then, the world's major financial centers one after another to open branches all over the world now has 27 countries and regions in the network, in which a total of 11,307 domestic institutions, foreign institutions a total of 603. In 1994 and 1995, the Bank of China has become Hong Kong and Macao note-issuing banks. Bank of China in the domestic industry with the introduction of the first international management and technical personnel management, to continue to internationalize the-art major goal of the bank.
July 14, 2004, the Bank of China in fierce competition to become the Beijing Olympic Games the only bank partner. Bank of China for domestic and foreign customers with high quality financial services to promote and popularize the Olympic spirit and promote the sporting event of a complete success, to enhance our corporate image and social values.
Bank of China for many years and the credibility of the results obtained from the industry, customers and the media widely recognized authority. 8 has been "European currencies," selected as "Best Bank of China" and "Best Domestic Bank of China"; 16 years in a row into the "Fortune" magazine of the world's top 500 enterprises; at the same time, the "Financial" appraisal "China Best Domestic Bank"; by the United States, "Global Finance" magazine "China's Best Trade Finance Bank" and "Best Foreign Exchange Bank of China"; "Far Eastern Economic Review" as a "decade of products and services in China Strong business "; re-listed BOC Hong Kong, has won the" investor relations "," Best IPO Investor Relations Award "and" Asian financial "" the best deal, the privatization of the best award "a number of important awards.
In the past century years, the Bank of China for its sound management, a strong, mature products and a wealth of experience won the majority of customer trust and create an excellent brand, customer and the establishment of a long-term stable cooperative relations. Bank of China, Cheng Bing will be "customer-focused, market-oriented and strengthen corporate governance, effective pursuit of excellence, to create world-class big bank," the purpose, based on its strong branches around the world, rich and mature product Experience, providing customers with all-round, high-quality banking services and their clients together for a better future!
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