BEIJING, Aug.30 (Xinhua) -- Bank of China (BOC) announced on Wednesday that it has financed more than 600 projects under the Belt and Road Initiative and granted about 115.9 U.S. dollars in credit to countries along the Belt and Road route by the end of June.
According to the announcement, the bank played an important role in serving the real economy. As of the end of June, the bank saw its overseas units’ general assets stand at 841.2 billion US dollars, accounting for 25.7 percent of its total assets.
During the period, the total assets, total liabilities and shareholders' equity of the lender increased 4.25 percent, 4.44 percent and 2.16 percent from the end of last year to reach 20.29 trillion yuan, 18.68 trillion yuan and 1.61 trillion yuan, respectively.
Besides, outstanding bad loans from the bank amounted to 163.3 billion yuan by the end of June, with a bad loan ratio of 1.43 percent, down 0.02 percentage points from the end of last year.(Edited by Yang Yifan, yangyifan@xinhua.org)
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