BIZCHINA / Finance
Bank of China
(boc.cn)
Updated: 2006-11-15 15:47
Bank of China,or Bank of China Limited in full, is one of China's four
state-owned commercial banks. Its businesses cover commercial banking,
investment banking and insurance. Members of the group include BOC Hong
Kong, BOC International, BOCG Insurance and other financial institutions.
The Bank provides a comprehensive range of high-quality financial
services to individual and corporate customers as well as financial
institutions worldwide. In terms of tier one capital, it ranked 18th
among the world's top 1,000 banks by The Banker magazine in 2005.
The Bank is mainly engaged in commercial banking, including corporate and
retail banking, treasury business and financial institutions banking.
Corporate banking is built upon credit products, to provide customers
with personalized and innovative financial services as well as financing
and financial solutions. Retail banking serves the financial needs of the
Bank's individual customers, focusing on providing them with such
services as savings deposit, consumer credit bankcard and wealth
management business. Treasury business includes domestic and
foreign-currency trading and investment, fund management, wealth
management, value-secured debt business, domestic and overseas financing
and other fund operation and management services.
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