OverviewSuggest Edit

Bank of China (BOC, 中国银行) is a state-owned commercial bank. Its core business is commercial banking, including corporate banking, personal banking, and financial markets services. The company is also engaged in treasury operations, wealth management, foreign exchange, asset management, investment banking, and insurance services.

TypePublic
Founded1912
HQBeijing, CN
Websiteboc.cn
Employee Ratings3.2
Overall CultureF

Latest Updates

Employees (est.) (Apr 2022)309,084
Job Openings354
Revenue (FY, 2020)¥567.6 B(+4%)
Share Price (May 2022)¥3.2
Cybersecurity ratingDMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Bank of China

Liu Liange

Liu Liange

Chairman
Liu Jin

Liu Jin

Vice Chairman and President
Wang Wei

Wang Wei

Executive Director and Executive Vice President
Liu Jingzhen

Liu Jingzhen

Executive Director and Executive Vice President
Zhao Jie

Zhao Jie

Non-executive Director
Xiao Lihong

Xiao Lihong

Non-executive Director
Show more

Bank of China Office Locations

Bank of China has offices in Beijing, Changchun, Changsha, Chengdu and in 96 other locations
Beijing, CN (HQ)
No. 1, Fuxingmennei Dajie
Beijing, CN
10/F, TOWER A, CORPORATE SQUARE, NO. 35 FINANCE STREET
Beijing, CN
8/F, NO. 110 XIDAN NORTH STREET
Beijing, CN
9/10/11F NO. 110 XIDAN NORTH STREET
Changchun, CN
699 XI AN DA LU
Changsha, CN
593 MID. FURONG ROAD (1 DUAN)
Show all (111)

Bank of China Financials and Metrics

Bank of China Revenue

Bank of China's revenue was reported to be ¥567.65 b in FY, 2020 which is a 3.2% increase from the previous period.
CNY

Revenue (H1, 2021)

302.9b

Net income (H1, 2021)

118.5b

EBIT (H1, 2021)

147.6b

Market capitalization (13-May-2022)

883.6b

Closing stock price (13-May-2022)

3.2

Cash (30-Jun-2021)

724.9b

EV

1.6t
Bank of China's current market capitalization is ¥883.6 b.
Annual
CNYFY, 2018FY, 2019FY, 2020

Revenue

503.8b550.0b567.6b

Revenue growth, %

9%3%

Operating expense total

177.0b198.3b202.4b

EBIT

227.5b249.6b246.2b
Half Year
CNYH1, 2019H1, 2020H1, 2021

Revenue

276.7b287.0b302.9b

Operating expense total

91.1b90.9b102.4b

EBIT

151.9b129.6b147.6b

EBIT margin, %

55%45%49%
Annual
CNYFY, 2018FY, 2019FY, 2020

Cash

439.9b565.5b803.1b

Accounts Receivable

11.5t12.7t13.8t

PP&E

227.4b244.5b248.6b

Total Assets

21.3t22.8t24.4t
Annual
CNYFY, 2018FY, 2019FY, 2020

Net Income

192.4b201.9b205.1b

Depreciation and Amortization

17.0b25.4b124.1b

Accounts Payable

1.2t812.8b1.3t

Cash From Operating Activities

662.4b(484.3b)73.0b
Quarterly
CNYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

54.8b121.4b171.2b56.3b107.8b156.0b57.3b118.5b

Depreciation and Amortization

5.8b11.8b18.2b6.7b13.6b20.5b7.0b64.2b

Accounts Payable

543.1b824.8b827.1b1.3t1.3t1.8t1.4t1.8t

Cash From Operating Activities

(235.2b)(90.9b)(560.7b)434.3b137.4b49.8b580.5b688.6b
CNYFY, 2018

Revenue/Employee

1.6m

Debt/Equity

0.5 x

Financial Leverage

12.3 x
Show all financial metrics

Bank of China Operating Metrics

H1, 2018FY, 2018H1, 2019FY, 2019H1, 2020FY, 2020

Deposits from Customers (Corporate)

¥7.71 t¥7.93 t¥8.25 t¥8.3 t¥8.94 t¥8.83 t

Loans to Customers (Corporate)

¥7.24 t¥7.35 t¥7.78 t¥7.99 t¥8.66 t¥8.6 t

Loans to Customers (Personal)

¥4.16 t¥4.44 t¥4.75 t¥5.05 t¥5.34 t¥5.58 t

Mobile Banking Users

128.24 m145.31 m162.93 m180.82 m193.78 m210.55 m
Show all operating metrics

Bank of China Acquisitions / Subsidiaries

Company NameDateDeal Size
Banco Da China Brasil S.A.
Bank of China (Australia) Limited
Bank of China (Canada)
Bank of China (Central and Eastern Europe) Limited
Bank of China Consumer Finance Co., Ltd.
Bank of China Group Insurance Company Limited
Bank of China Group Investment Limited
Bank of China (Hong Kong) Limited
Bank of China Insurance Co., Ltd.
Bank of China Investment Management Co., Ltd.
Show more

Bank of China Cybersecurity Score

Cybersecurity ratingPremium dataset

D

69/100

SecurityScorecard logo

Bank of China Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Bank of China Online and Social Media Presence

Embed Graph

Bank of China Company Culture

  • Overall Culture

    F

    47/100

  • CEO Rating

    D-

    56/100

  • Compensation

    D

    52/100

  • Diversity

    F

    45/100

Learn more on Comparably

Bank of China News and Updates

Bank of China Delivers Fastest Annual Profit Since 2013

Bank of China Sees Fastest Profit Growth in 2013 on Recovery

Dow Jones Newswires: People’s Bank of China to cut bank reserve requirements

China's central bank said Monday that it would lower the amount of funds banks have to set aside

Even the People’s Bank of China Can’t Kill Bitcoin FOMO

Even the People’s Bank of China Can’t Kill Bitcoin FOMO

Bank of China pledges to end funding for foreign coal mining and power plants

The Bank of China has said it will no longer provide financing for new coal mining and coal-fired power projects overseas from next month. It is the first of the four Chinese state-owned commercial banks to make such a commitment after President Xi Jinping told the United Nations General Assembly th…

Bank of China, DBS and HSBC join trade finance advisory group

Global Shipping Business Network (GSBN), an independent, not-for-profit technology consortium to build a blockchain-enabled operating system designed to redefine global trade, welcomes Bank of China (“BOC”), DBS Bank (“DBS”) and The Hongkong and Shanghai Banking Corporation Limited (“HSBC”), to form…
Show more

Bank of China Frequently Asked Questions

  • When was Bank of China founded?

    Bank of China was founded in 1912.

  • Who are Bank of China key executives?

    Bank of China's key executives are Liu Liange, Liu Jin and Wang Wei.

  • How many employees does Bank of China have?

    Bank of China has 309,084 employees.

  • What is Bank of China revenue?

    Latest Bank of China annual revenue is ¥567.6 b.

  • What is Bank of China revenue per employee?

    Latest Bank of China revenue per employee is ¥1.8 m.

  • Who are Bank of China competitors?

    Competitors of Bank of China include Industrial and Commercial Bank of China, China Merchants Bank and China Minsheng Banking.

  • Where is Bank of China headquarters?

    Bank of China headquarters is located at No. 1, Fuxingmennei Dajie, Beijing.

  • Where are Bank of China offices?

    Bank of China has offices in Beijing, Changchun, Changsha, Chengdu and in 96 other locations.

  • How many offices does Bank of China have?

    Bank of China has 111 offices.