Tags Bank of China

Tag: Bank of China

Banking

BOC Research Highlights Three Key Trends for Transformation of Chinese Banking Sector

CBNEditor - December 17, 2020 0

The Bank of China (BOC) Research Institute says the Chinese banking sector is on track to undergo "accelerated transition," and highlighted three...

Banking

Chinese Banks to See 7% Profit Drop in 2020, NPL Ratio Set to Rise to 2%: Bank of China Report

CBNEditor - December 1, 2020 0

A report from one of China's big state-owned banks foresees a sizeable drop in the profits of the Chinese banking sector as...

Banking

Bank of China and Shanghai Government Enter Strategic Cooperative Agreement

CBNEditor - September 22, 2020 0

Big state-owned lender Bank of China (BOC) has just entered a new strategic agreement with the municipal government of Shanghai.

Banking

Bank of China Launches First Cloud-driven Idle Goods Trading and Poverty Alleviation Platform

CBNEditor - September 21, 2020 0

Big state-owned lender Bank of China (BOC) has just launched a new cloud-powered idle goods trading platform as part of efforts to...

Fintech

China Still Lags in Independent Blockchain Technology: Ex-Bank of China Head

CBNEditor - September 21, 2020 0

The former head of one of China's big six state-owned banks has lamented the country's lack of competitiveness in the area of...

Banking

Bank of China Enters “Internet + Finance” Cooperative Agreement with Alibaba and Ant Group

CBNEditor - August 25, 2020 0

One of China's big state-owned banks has entered a strategic agreement with the country's leading e-commerce and fintech outfits for deeper cooperation...

Economy

Bank of China Forecasts Q2 GDP Growth of 2.8%, Full Year Growth of 2.5% in 2020

CBNEditor - July 1, 2020 0

A new report from one of China's big state-owned lenders forecasts full year GDP growth of 2.5% in 2020, following the economic...

Banking

Bank of China Obtains License to Operate in India

CBNEditor - June 9, 2020 0

The Indian central bank has given the greenlight to Bank of China's (BOC) entry into the domestic financial market.

Banking

Bank of China under Investigation by CBIRC over $85 Million in Crude Oil Futures Losses

CBNEditor - May 20, 2020 0

China's banking authority has announced the launch of an official investigation into one of the country's big state-owned lenders over heavy losses...

Banking

Bank of China Offers 20% Compensation Plan to Clients Burnt by Crude Oil Futures

CBNEditor - May 7, 2020 0

Bank of China (BOC) has put together a compensation plan for clients of the state-owned lender who sustained heavy losses on its...

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Tag: Bank of China

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