Bank of China, Hong Kong was set up in the year 2001, on the 1st of October and is a local licensed bank in the city. The Bank has included the businesses of ten of the twelve banks in the city that originally were a part of the Bank of China Group. The Bank of China, Hong Kong has its shares in the Chiyu Banking Corporation Limited and the Nanyang Commercial Bank Limited. Both the banks are included in the list of the BOC Credit Card (International) Limited and in Hong Kong banks.
In terms of the customer deposits and the assets, the Bank of China, Hong Kong is one of the leading commercial groups in the banking sector. There are almost 300 branches, various delivery channels and 400 ATMs in the Bank of China Hong Kong or the BOCHK. The Bank of China in Hong Kong also provides a comprehensive range of financial services and products to the corporate and the retail customers. The Hong Kong Bank of China is in fact one of the 3 banks in the city that issue the bank notes. The Bank also acts as the Chairman Bank of the Hong Kong Association of Banks, however, on a rotational basis. There are also 14 branches as well as sub-branches that are located on the Mainland of China taking care of the banking needs across the border. The Bank of China, Hong Kong also offers services to the customers belonging to the Mainland and Hong Kong.
Bank of China Hong Kong (Holdings) Limited company was established in the city of Hong Kong in the year 2001, on the 12th of September. The Bank of China, Hong Kong was the principal subsidiary of the company. Right after the successful global IPO, the company started trading at the Hong Kong Stock Exchange from the 25th of July, 2002. The stock code of the company was 2388, Level 1 ADRs – OTC Symbol: BHKLY.
In the segment of personal banking, the Bank of China, Hong Kong takes care of the banking services, wealth management service, mortgage and loans, insurance, card services and MPF. All the services are accompanied with service charges. The corporate banking also includes many services like, commercial services, trade finance and services, SMEs services, e-commerce services, RMB merchant link, cash management services, insurance, custody and MPF. The investment services also offer funds, debt securities, foreign exchanges and precious metals.
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The Bank of China provides market information like financial market briefing, stock information, economic research, fund information, Mainland economic and financial information and the different trading rates.
There are a total of 14 board of directors in the Bank of China, Hong Kong, which include:
- The chairman of the Board of Directors is Mr. Xiao Gang
- The vice chairman, Mr. Sun Changji, who is also the chief executive
- Six non-executive and independent directors
- Three non executive directors
- Two executive directors
- One financial officer, who is also the executive director
- One deputy chief executive, who is also the executive director
There are three subsidiaries under the Bank of China, Hong Kong, which include the following:
Nanyang Commercial Bank Ltd
151 Des Voeux Road Central,
Hong Kong
Tel : (852) 2852 0888
Fax : (852) 2815 3333
BOC Credit Card (International) Ltd
20/F, BOC Credit Card Centre,
68 Connaught Road West,
Hong Kong
Tel: (852) 2853 8888
Fax: (852) 2541 5415
Chiyu Banking Corp Ltd
78 Des Voeux Road Central,
Hong Kong
Tel: (852) 2843 0111
Fax: (852) 2810 4207
The address of the Bank of China, Hong Kong is as follows:
Bank of China
P.O. Box 9526,
General Post Office,
Hong Kong
Fax to: (852) 2537 1266
Telephone: (852) 8206 2389
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