Bank of China (BOC) is one of the major state-owned commercial banks in the People's Republic of China. Founded in 1912 by the Republican government to replace the Daqing Bank, it is the oldest bank still in existence in mainland China. It became a state-owned commercial bank in 1994 and was subsequently restructured into a joint-stock commercial bank. BOC provides a comprehensive range of financial services including corporate banking, personal banking, financial markets services (including treasury operations), investment banking, insurance, and asset management. With a significant global presence, Bank of China has branches and subsidiaries in over 60 countries and regions, playing a vital role in facilitating international trade and supporting Chinese enterprises in their global expansion.
The headquarters serves as the central command for Bank of China's global operations, overseeing strategic planning, corporate governance, risk management, and the overall administration of its domestic and international branches and subsidiaries.
The Bank of China Head Office Building, designed by the renowned architect I.M. Pei (Pritzker Prize laureate), is an architectural landmark. It masterfully blends modern design with traditional Chinese architectural elements, such as a Suzhou-style garden courtyard, reflecting a balance of global outlook and cultural heritage.
As a prominent state-owned enterprise, the work culture at Bank of China's headquarters is generally characterized by a formal environment, adherence to established protocols, and a strong emphasis on stability and collective achievement. There's a focus on national economic objectives and contributing to China's financial influence globally.
The headquarters is not only the operational core of one of the world's largest banks but also a symbol of China's growing financial power and its integration into the global economy. Its location and stature underscore BOC's importance within China's financial system.
Bank of China maintains a vast global network, with institutions in over 60 countries and regions across six continents. This extensive presence supports a wide array of functions globally, including international settlements, trade finance, corporate and personal banking, syndicated loans, foreign exchange trading, RMB services, investment banking, asset management, and insurance. BOC's international operations are crucial for facilitating cross-border trade and investment, serving Chinese enterprises 'going global,' multinational corporations operating in China, and local clients in various markets.
No. 1 Fuxingmen Nei Dajie
Beijing
Beijing
China
Address: Bank of China Building, 1045 Avenue of the Americas, New York, NY 10018, USA
This office facilitates U.S.-China trade and investment, supports Chinese companies operating in the U.S. and U.S. companies engaging with China, and serves as a significant node in BOC's global financial network for the North American region.
Address: 1 Lothbury, London, EC2R 7DB, United Kingdom
Supports Sino-European trade and investment, provides financial services to businesses and individuals in the UK and Europe, and acts as a key center for RMB business and cross-border financial activities between China and Europe.
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As of April 2025, Bank of China' leadership includes:
Bank of China has been backed by several prominent investors over the years, including:
In the past 12-15 months, Bank of China has experienced notable leadership appointments and transitions, including the appointment of a new Chairman and an Executive Vice President, alongside the departure of two Executive Vice Presidents. These changes reflect strategic adjustments and ongoing leadership development within one of China's largest financial institutions.
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Bank of China, like other major international corporations, employs standardized email address formats for its professional communications. While specific patterns can vary by department or region, common formats usually involve combinations of an employee's first name and last name with the bank's official domain (boc.cn or bankofchina.com).
Common formats include [lastname][firstinitial]@boc.cn or [firstinitial][lastname]@boc.cn. For international correspondence, [firstname].[lastname]@boc.cn or related regional domains (e.g., @bochk.com for Bank of China Hong Kong) are also used.
Format
gzhaijiao@boc.cn (example for Ge Haijiao)
Example
70%
Success rate
Reuters • March 28, 2024
Bank of China (BoC) reported a 6.96% fall in its fourth-quarter net profit for 2023, marking its weakest quarterly performance since the first quarter of 2020. The decline was attributed to pressures from narrowed net interest margins and ongoing challenges in China's property sector. Despite the quarterly dip, the bank's full-year profit for 2023 saw a 2.38% increase to 231.9 billion yuan ($32.03 billion)....more
Bank of China Official Website • January 19, 2024
Bank of China announced resolutions passed at its Board of Directors meeting, including the approval of the 2024 business plan and financial budget. The meeting emphasized strategic priorities such as serving the real economy, preventing financial risks, and deepening reform and innovation....more
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