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The Bank of China has been in operation for the longest time in China. In February 1912, with the approval of Dr. Sun Yat Sen, the Bank of China was formally established. From 1912 to 1949, the Bank of China successively performed the functions of the central bank, the international exchange bank and the international trade professional bank. It took serving the public and revitalizing the national finance as its own responsibility. After suffering and hard struggle, it has been in a leading position in the national finance industry for a long time and occupied a place in the international financial industry. Since 1949, the Bank of China has long been a specialized bank in foreign exchange and foreign trade. It has unified the management of foreign exchange, carried out international trade settlement, overseas remittance and other non trade foreign exchange business, and vigorously supported the development of foreign trade and economic construction. Since the reform and opening up, the Bank of China has firmly seized the historical opportunity for the country to use foreign capital and advanced technology to speed up economic construction, give full play to the unique advantages of long-term foreign exchange business, and become the main channel for the country to use foreign capital. In 1994, the Bank of China became a wholly state-owned commercial bank. In August 2004, Bank of China Limited was established. In June and July 2006, Bank of China was listed on the Hong Kong Stock Exchange and Shanghai Stock Exchange successively, becoming the first Chinese commercial bank with "a + H" listing in China. After serving the 2008 Beijing Summer Olympic Games, Bank of China became the official banking partner of Beijing 2022 Winter Olympic Games and winter Paralympic Games in 2017, and became the only "double Olympic bank" in China. In 2019, the Bank of China will be selected as a global systemically important bank again, becoming the only financial institution selected in emerging market economies for nine consecutive years.
Bank of China is the bank with the highest degree of globalization and integration in China. It has institutions in the mainland of China and 61 countries and regions, and has a relatively complete global service network. It has formed commercial banking businesses such as corporate finance, personal finance and financial market as the main body, covering investment banking, direct investment, securities, insurance, funds, aircraft leasing, asset management and finance Technology and other fields of integrated service platform, to provide customers with comprehensive financial services. BOC branches in Hong Kong and Macao act as local note issuing banks.
In the course of more than 100 years of development, the Bank of China has always adhered to the spirit of pursuing excellence, taking patriotism and loving the people as the soul of the bank, taking honesty as the foundation of the bank, taking reform and innovation as the road of force, and taking people as the foundation of the bank. It has established an excellent brand image, which has been widely recognized and praised by the industry and customers. China have a brilliant future of historic opportunities. As a large state-owned commercial bank, Bank of China will take the new socialist concept of socialism with Chinese characteristics as guidance, firmly implement the new development concept, stimulate vitality, agile reaction and key breakthroughs, and strive forward in the new era of global first-class bank construction, in order to build a modern economic system and realize the great Chinese nation. The rejuvenation of the Chinese dream and the realization of people's yearning for a better life will make new and greater contributions.
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