The Bank of China is the longest‑operating bank in China. Officially established in February 1912, it has successively performed the functions of a central bank, an international exchange bank, and a specialized international trade bank. After 1949, it served for many years as the state's specialized bank for foreign exchange and foreign trade, centrally managing the nation's foreign exchange reserves and conducting international trade settlement, remittances from overseas Chinese, and other non‑trade foreign‑exchange operations. In 1994, it was reorganized into a wholly state‑owned commercial bank, providing a full range of financial services and evolving into a large commercial bank that handles both domestic and foreign currencies, offers a comprehensive array of products, and boasts strong financial strength. In 2006, it became the first domestic bank to list simultaneously on the Hong Kong Stock Exchange and the Shanghai Stock Exchange, achieving an "A+H" dual listing. The bank's financial services encompass corporate banking, personal banking, treasury services, investment banking, insurance, and other business lines. Corporate honors include: the Bank of China received two consecutive "A" ratings in the State Administration of Foreign Exchange's annual performance assessments; it was awarded the Global Finance "ESG‑Linked Loan Leadership Award," along with four other prestigious accolades; it also earned the Global Trade Finance "Best Trade Finance Bank in the Asia‑Pacific Region" award; it secured an "A" rating in the SAIF's annual assessment; and it was recognized with two major awards—the "Outstanding Competitive Retail Banking" and the "Outstanding Competitive Mobile Banking" awards. Additionally, it was honored as the "China Star Best Green Bond Bank," the "Asia‑Pacific Best Green Bond Bank," the "China Private Bank—Best State‑Owned Bank," the "China Private Bank—Best Impact Investing Bank," the "Asia‑Pacific Best RMB Clearing Bank," the "Tianji Award for Outstanding M&A Financing," and the "Golden Bull Award for Banking Wealth Management Services." As of the end of 2025, the bank operated 533 overseas branches spanning 64 countries and regions worldwide, including 45 countries participating in the Belt and Road Initiative, with a comprehensive presence at key strategic locations around the globe.
Bank of China Tower, 1 Garden Road, Hong Kong
Accepting RMB deposits; granting short-, medium-, and long-term loans; handling settlement services; discounting bills of exchange; issuing financial bonds; acting as agent for the issuance, redemption, and underwriting of government bonds; buying and selling government bonds; engaging in interbank lending; providing letter-of‑credit services and guarantees; acting as agent for receipt and payment of funds; offering safe‑deposit box services; accepting foreign‑currency deposits; extending foreign‑currency loans; processing foreign‑currency remittances; conducting foreign‑currency exchange; undertaking international settlements; engaging in interbank foreign‑exchange borrowing; accepting and discounting foreign‑currency bills; obtaining foreign‑currency loans; providing foreign‑currency guarantees; settling foreign‑currency proceeds and selling foreign currency; issuing and acting as agent for the issuance of foreign‑currency securities other than stocks; buying, selling, and acting as agent for the buying and selling of foreign‑currency securities other than stocks; conducting proprietary foreign‑exchange trading; executing foreign‑exchange transactions on behalf of clients; issuing foreign‑currency credit cards and acting as agent for the issuance and payment of foreign credit cards; conducting credit investigations, advisory services, and notarization; organizing or participating in syndicated loans; trading international precious metals; operating overseas branches to engage in all banking activities permitted under local laws; having branches in Hong Kong and Macao authorized by local regulations to issue or participate in the agency issuance of local currencies; serving as an insurance ancillary agent; and engaging in such other businesses as may be approved by the banking regulatory authorities of the State Council and other supervisory bodies.