Bank of China Ltd. is engaged in the provision of banking and financial services such as commercial and investment banking, and insurance and investment services.
It was founded on February, 1912 and is headquartered at Beijing (China). The company is currently headed by Chen Siqing and has 308,128 employees.
The bank deals in the following segments:
The Corporate Banking segment: It offers services to corporate customers, government authorities, and financial institutions such as current deposits, overdrafts, loans, custody, over drafts, trade related products, foreign currency, and derivative products. The Personal Banking segment: It provides services to customers (retail) such as current accounts, deposits, savings, investment savings products, credit and debit cards, consumer loans and mortgages.
The Treasury Operations segment: It deals in foreign exchange transactions and foreign exchange transactions of derivatives, proprietary trading, money market transactions and asset and liability management.
The Investment Banking segment: It includes debt underwriting and equity underwriting, financial advisory, stock brokerage, trading of security, investment research, asset management services, and equity investment services.
The Insurance segment: It specializes in the underwriting of general and life insurance business and insurance agency services.