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  • Previous Rank
    42
  • Revenues ($M)
    $115,423
  • Revenue Percent Change
    1.5%
  • Profits ($M)
    $25,509.20
  • Profits Percent Change
    3%
  • Assets ($M)
    $2,989,469.30
  • Employees
    311,133

Another banking giant backed by the People’s Republic of China, PBOC has pushed hard into overseas markets in recent years. International segments accounted for nearly 30% of the bank’s profits in 2017—a figure the bank hopes to eventually increase to 40%. The central government’s geopolitical goals may factor into this strategy: For example, PBOC has issued roughly $100 million in credits since 2015 to countries participating in the government’s Belt and Road Initiative to revive China’s ancient Silk Road trading routes.

Company Information

Figures prepared in accordance with International Accounting Standards., Government owned 50% or more.
CEO
Chen Siqing
Sector
Financials
Industry
Banks: Commercial and Savings
HQ Location
Beijing
Websitehttp://www.boc.cn
Years on Global 500 List24
Employees311,133

Bank of China Rank History

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Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$115,4231.5%
Profits ($M)$25,509.203%
Assets ($M)$2,989,469.30-
Total Stockholder Equity ($M)$229,732.20-

Profit Ratios

Profit as % of Revenues22.1%
Profits as % of Assets0.9%
Profits as % of Stockholder Equity11.1%