- Business
- Bank of China Limited (BOCN.VI), China's most internationalized commercial bank founded in 1912 and headquartered at No. 1 Fuxingmen Nei Dajie in Beijing, provides a comprehensive range of banking and financial services through six primary segments including corporate banking, personal banking, treasury operations, investment banking, insurance, and others; corporate banking offers current accounts, deposits, overdrafts, loans, payments, settlements, trade finance products such as Rong Yi Da and Tong Yi Da, foreign currency and derivative products; personal banking delivers wealth management, RMB and foreign currency products, retail loans under the Ideal Home brand, and co-branded credit cards like Great Wall and Phoenix Miles VISA; treasury operations encompass proprietary trading, securities investment, debt capital markets, and custodian services via trading centers in Beijing, Shanghai, Hong Kong, London, and New York; investment banking through BOC International Holdings Limited includes IPO financing, mergers and acquisitions, securities sales, fixed income, derivatives, asset management, and private wealth management; insurance via Bank of China Group Insurance and affiliates covers general and life insurance; additional services feature asset management, aircraft leasing through BOC Aviation, financial leasing, and fintech solutions. The bank operates over 10,000 domestic outlets across the Chinese mainland and more than 600 overseas institutions in 62 countries and regions, with subsidiaries like Bank of China (Hong Kong) Limited as a note-issuing bank in Hong Kong SAR; it targets corporate, personal, and institutional clients in Greater China and globally, emphasizing technology finance, green finance, inclusive finance, cross-border RMB business, pension finance, and Belt and Road Initiative projects. In recent developments, the bank reported first-half 2025 total assets of RMB36.79 trillion up 4.93% year-on-year, RMB loans in the mainland rising 7.72% with manufacturing loans up 12.99% and private enterprise loans up 12.93%, green credit balance increasing 16.95%, and inclusive finance loans exceeding RMB2.65 trillion serving over 1.72 million customers; it enhanced cross-border operations with USD2.1 trillion in international settlements up 16.51% year-on-year and 42.10% growth in cross-border e-commerce volume, while subsidiaries like BOCHK advanced custody services through partnerships including BOCI-Prudential Trustee, digital green bond custody for HKSAR, and collaborations with Manulife Investments for multi-asset solutions; the bank injected state capital to bolster its 18.67% capital adequacy ratio, approved an interim dividend of RMB1.094 per 10 shares, and accelerated digital transformation with AI applications across 100 scenarios and 40,000 cloud servers.