Bank of China Limited

Major Chinese state-owned bank with global banking, investment, and insurance arms

What Bank of China does

Bank of China is one of China's oldest banks, founded in 1912 and based in Beijing. It takes deposits, makes loans, and handles payments for businesses, governments, and individuals in mainland China, Hong Kong, Macao, Taiwan, and other countries. It also runs investment banking, insurance, and aircraft leasing businesses.

How Bank of China makes money

It earns most of its money from the gap between the interest it charges on loans and the interest it pays on deposits. It also collects fees from payments, cards, wealth management, trade finance, underwriting, brokerage, and insurance, and makes money from foreign exchange and treasury trading.

Products & services

• Corporate loans and trade finance
• Personal deposits, loans, and credit/debit cards
• Foreign exchange and derivatives trading
• Debt and equity underwriting and brokerage
• General and life insurance
• Aircraft and financial leasing