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 Ratings3.3
Overall CultureF

Latest Updates

Employees (est.) (Dec 2020)309,084
Job Openings342
Revenue (FY, 2020)¥848.7 B
Share Price (Sept 2021)¥3.1
Cybersecurity ratingCMore

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
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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)
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Bank of China Financials and Metrics

Bank of China Revenue

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Bank of China's revenue was reported to be ¥848.71 b in FY, 2020 which is a 0.2% increase from the previous period.
CNY

Revenue (H1, 2021)

439.8b

Gross profit (H1, 2021)

255.6b

Gross profit margin (H1, 2021), %

58.1%

Net income (H1, 2021)

118.5b

EBIT (H1, 2021)

147.6b

Market capitalization (9-Sept-2021)

851.7b

Closing stock price (9-Sept-2021)

3.1

Cash (30-Jun-2021)

724.9b

EV

1.6t
Bank of China's current market capitalization is ¥851.7 b.
Annual
CNYFY, 2018FY, 2019FY, 2020

Revenue

787.9b847.1b848.7b

Revenue growth, %

8%0%

Cost of goods sold

341.0b383.3b357.3b

Gross profit

446.9b463.9b491.4b
Half Year
CNYH1, 2019H1, 2020H1, 2021

Revenue

422.8b433.0b439.8b

Cost of goods sold

190.6b185.7b184.3b

Gross profit

232.2b247.2b255.6b

Gross profit Margin, %

55%57%58%
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

Depreciation and Amortization

17.0b25.4b124.1b

Cash From Operating Activities

662.4b(484.3b)73.0b

Capital Expenditures

(42.1b)(39.0b)(39.6b)

Cash From Investing Activities

(182.5b)(165.7b)(17.1b)
Quarterly
CNYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Depreciation and Amortization

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

Cash From Operating Activities

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

Capital Expenditures

(6.8b)(10.8b)(22.6b)(7.0b)(18.4b)(22.8b)(7.2b)(11.5b)

Cash From Investing Activities

(163.7b)(156.2b)(153.0b)127.3b208.2b231.4b(160.1b)(177.4b)
CNYFY, 2018

Revenue/Employee

2.6m

Debt/Equity

0.5 x

Financial Leverage

12.3 x
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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
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Bank of China Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Bank of China Online and Social Media Presence

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Bank of China Company Culture

  • Overall Culture

    F

    49/100

  • CEO Rating

    C-

    63/100

  • Compensation

    F

    33/100

  • Diversity

    F

    45/100

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Bank of China News and Updates

甘肃银行与中国银行甘肃省分行签订战略合作协议

9月6日,甘肃银行与中国银行(601988,诊股)甘肃省分行在金城兰州签署了战略合作框架协议和数字人民币合作意向协议,标志着双方的合作达到了一个新高度。

科技部与中国银行签署战略合作协议

8月26日上午,科技部与中国银行在北京签署战略合作协议,深化科技金融合作,助力科技自立自强。科技部部长王志刚、副部长李萌,中国银行董事长刘连舸、行长刘金、副行长林景臻出席签约仪式。

Bank of China H1 profit rises 12%, biggest first half jump since 2013

Bank of China Ltd (BoC), the country’s fourth-largest lender by assets, posted a 11.8% increase in first-half net profit on Monday, the biggest jump since 2013 as business activity recovered from the COVID-19 pandemic.

OFAC fines Bank of China $2.3M for Sudan sanctions violations

The Office of Foreign Assets Control announced Bank of China’s U.K. arm agreed to pay $2.3 million to settle its potential civil liability for processing transactions in apparent violation of now-repealed Sudan sanctions regulations.

Announcement-Establishment of Bank of China (Macau) Limited

As considered and unanimously approved by the meeting of the Board of Directors of the Bank held on 28 June 2019, the Bank would invest to establish a wholly-owned subsidiary, Bank of China (Macau) Limited (the “Macau Subsidiary”), with a total capital contribution of MOP13 billion (the “Investment”…
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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 ¥848.7 b.

  • What is Bank of China revenue per employee?

    Latest Bank of China revenue per employee is ¥2.7 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.