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  • BOC Serbia starts RMB clearing business

    The Bank of China (BOC) Serbia, the authorized clearing bank for renminbi (RMB) business in Serbia, conducted its first cross-border RMB remittance business on Monday.

    June04,2024


  • "Big Four" banks in full drive to build China into a financial powerhouse

    China's "Big Four" commercial banks, who are among the world's largest lenders, are stepping up efforts to better support the national economy while enhancing risk management amid the country's efforts to build itself into a financial powerhouse.

    December08,2023


  • Bank of China reports rise in cross-border renminbi settlements

    The Bank of China (BOC) said Thursday it has actively expanded cross-border renminbi products and services since the start of the year, and handled 22.59 trillion yuan (about 3.15 trillion U.S. dollars) of cross-border renminbi settlements in the first eight months.

    October13,2023


  • Bank of China opens branch in Saudi capital

    The Bank of China (BOC) opened its branch in Saudi Arabia's capital Riyadh on Tuesday to expand its financial service network in the Arab country.

    September07,2023


  • Bank of China assists AIIB's panda bond issuance

    The Bank of China (BOC) has assisted the Asian Infrastructure Investment Bank (AIIB) in successfully issuing 2.5 billion yuan (about 349.33 million U.S. dollars) of sustainable development panda bonds with a five-year maturity and a coupon rate of 2.7 percent, the BOC said Wednesday.

    June14,2023


  • Bank of China net profit up 5.02 pct in 2022

    Bank of China (BOC), one of the country's four big state-owned lenders, saw its net profit increase by 5.02 percent year on year in 2022.

    April03,2023


  • Bank of China to set up branch in Macao

    The Bank of China (BOC) announced on Monday that it will establish a branch in Macao and has already received the approval from the China Banking and Insurance Regulatory Commission (CBIRC) and the Macao government, reported by Beijing Business Today.

    August24,2021


  • ​BOC conducts 1st B/L financing for Chang’an China-Europe freight train

    Bank of China (BOC) Shaanxi branch on Tuesday conducts its first financing business of through bill of lading (through B/L) for Chang’an China-Europe freight train, marking BOC’s first credit loan for railway bill.

    August19,2021


  • Global economy to recover faster in H2: report

    The global economy is likely to recover at a faster pace in the second half of this year, according to a report by the Bank of China (BOC).

    July12,2021


  • Bank of China fined over crude oil futures product

    China's banking regulator said Saturday it has made administrative punishment decisions and taken regulatory measures following an investigation into a risk incident related to a crude oil futures product sold by the Bank of China (BOC).

    December07,2020


  • Bank of China sees net profit down 11.51 pct in H1

    The Bank of China, one of the country's big four state-owned lenders, said its net profits plunged 11.51 percent year on year in the first half of 2020 (H1).

    August31,2020


  • Bank of China reports 3.2 pct rise in Q1 net profit

    The Bank of China (BOC), one of the country's big four state-owned lenders, said its net profits climbed 3.2 percent year on year in the first quarter (Q1) of 2020.

    May06,2020


  • Renminbi takes strides with stronger global presence

    China's renminbi, or the yuan, registered further internationalization and broader use abroad in 2019, with its role in facilitating global trade enhanced, according to the Bank of China (BOC).

    April13,2020


  • Bank of China reports steady profit growth in 2019

    The Bank of China (BOC), one of the country's four biggest lenders, reported higher net profit and earnings in 2019.

    March30,2020


  • BOC issues RMB500 mln NCD to strengthen financial services for epidemic control

    Bank of China (BOC), one of China's four biggest lenders, floated 500 million yuan worth of 3-month negotiable certificates of deposit (NCD) on Thursday to ramp up financial service for epidemic control, the Xinhua-run China Securities Journal reported on Thursday.

    February21,2020


  • BOC inks framework pact with NDRC to jointly promote construction of Greater Bay Area

    Bank of China (BOC), one of China's four lender giants, signed a framework agreement with China's top economic planner the National Development and Reform Commission (NDRC) on jointly advancing construction of the Guangdong-Hong Kong-Macao Greater Bay Area on December 20.

    December23,2019


  • China's growth forecast at 6.1 pct for 2020: report

    The annual growth rate of China's economy is projected at 6.1 percent, according to a report by the Bank of China (BOC).

    December02,2019


  • Bank of China issues 30 bln yuan of tier-2 capital bonds

    The Bank of China (BOC), one of China's four biggest lenders, has issued its second batch of tier-2 capital bonds totaling 30 billion yuan (about 4.27 billion U.S. dollars) to enrich its tier-2 capital.

    November25,2019


  • Bank of China to set up branch in Athens

    The Bank of China (BOC), one of China's four biggest lenders, has received approval from the Bank of Greece, the country's central bank, to set up a branch in Athens, the capital of Greece.

    November13,2019


  • BOC to hold RMB internationalization forum during second CIIE

    Bank of China (BOC), one of the country's big four state-owned lenders, is scheduled to hold a forum on the internationalization of the Chinese currency renminbi (RMB) during the upcoming second China International Import Expo (CIIE).

    October28,2019


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