Bank of china was founded in 1912 to replace the imperial bank of China and is the oldest bank in mainland China which is headquartered at Xicheng district, Beijing.
One of the five biggest state owned commercial banks in the People’s Republic of China, the bank ‘s origin can be traced back to 1905 when Daqing Hubu bank was established which was later renamed to Daqing bank and finally Bank of China. Li Lihui is the president of Bank of China and it currently employs 305675 employees.
China’s most diversified and international bank, Bank of China provides services to customers across China, Hong Kong, Taiwan, Macau and 377 countries. The bank provides commercial banking and includes corporate banking, personal banking and financial market services. Personal banking includes services like wealth management, accounts, loans, debit/credit cards. In corporate banking the bank provides corporate financing like syndicated loan, global credit line, export buyer/supplier credit, trade services, corporate financial services like cash management, RMB settlement services, corporate demand and term deposits and other services like cross border cash management.
With a vision to become customers’ premier bank, Bank of China stands for: Build customer satisfaction using quality services, Offer rewarding career opportunities and Create values to deliver superior returns. The bank is led by SPIRIT- Social responsibility, Performance, Integrity, Respect, Innovation and Teamwork.