Bank of China
Bank of China says it wants to become China’s flagship global lender, and claims that it is already China’s most globalized bank with operations in 61 countries. China’s Belt and Road Initiative, Beijing's worldwide development strategy, has become a large part of the bank’s global push; it has provided $160 billion in financing for 600 Belt and Road projects since the policy launched in 2013. When chairman Liu Liange took over in July 2019, the bank's profits were stagnant compared to the previous year. They've since bounced back—even amid the pandemic—with net income rising 3% in the first quarter of 2020.
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As of 8/3/2022
Banks: Commercial and Savings
Market Value ($M)
Figures prepared in accordance with International Accounting Standards. Government owned 50% or more. Market value as of July 19, 2022.
Key Financials (Last Fiscal Year)
Total Stockholder Equity ($M)
Profit as % of Revenues
Profits as % of Assets
Profits as % of Stockholder Equity
Lists ranking Bank of China