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  • Previous Rank45
  • Revenues ($M)$122,337
  • Revenue Percent Change1.1%
  • Profits ($M)$27,186
  • Profits Percent Change-1.2%
  • Assets ($M)$2,589,565
  • Employees310,042

Bank of China is one of the four horsemen constituting China’s state-owned banking monopoly. It is the key lender of the four in China’s ambition to “go out”–code for its often state-owned builders to take their excess supply to markets like Africa. The bank’s network spans 46 countries (including a couple branches in Manhattan). Last year it supported 2,200 overseas projects worth $148 billion. More than a quarter of its loan are derived from outside China.

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Company Information

CEO
Chen Siqing
Sector
Financials
Industry
Banks: Commercial and Savings
HQ Location
Beijing, China
Employees310,042
Websitehttp://www.boc.cn
Years on Global 500 List22
Figures prepared in accordance with International Accounting Standards. Government owned 50% or more.

Bank of China Rank History

Key Financials (last fiscal year)

($ Millions)% change
Revenues ($M)$122,3371.1%
Profits ($M)$27,186-1.2%
Assets ($M)$2,589,565-
Total Stockholder Equity ($M)$200,959-

Profit Ratios

Profit as % of Revenues22.2%
Profits as % of Assets1%
Profits as % of Stockholder Equity13.5%