Bank of China (Hong Kong) Limited

Website:
http://www.bochk.com

Email:
chunmingwong@bochk.com

Address:
6/F, Bank of China Tower 1 Garden Road
,
Hong Kong

phone:+852 21606099

Company Presentation

Firmly rooted in Hong Kong for over 100 years, Bank of China (Hong Kong) Limited (“BOCHK”) is a leading listed commercial banking group with strong market positions in all major businesses. We are one of the three note-issuing banks, the sole clearing bank for Renminbi business in Hong Kong and a Chairman Bank of the Hong Kong Association of Banks on a rotational basis. Capitalising on our most extensive local branch network and diverse service platforms, we offer a comprehensive range of financial, investment and wealth management services to personal, corporate and institutional customers. In recognition of our outstanding performance, we have been named the Bank of the Year in Hong Kong by The Banker for the third time and the Strongest Bank in Asia Pacific and Hong Kong by The Asian Banker for four consecutive years from 2014. In accordance with the strategic plan of Bank of China (“BOC”) Group, we are actively expanding our business in Southeast Asia and transforming into an internationalised regional bank. Through the deep collaboration with our parent bank, BOC, we provide a full range of high quality cross-border services to multinationals, cross-border customers, Mainland enterprises going global, central banks and super-sovereign organisations.

Background

In 1917, Bank of China established its presence in Hong Kong. A century ago, our scale was small with fewer than 10 employees. Today, we are a mainstream banking group with the most extensive branch network in Hong Kong. We have not only played a vital role in Hong Kong’s economic development but also contributed to its stability and prosperity.

BOCHK is a locally incorporated licensed bank. In 2001, the Bank of China Group in Hong Kong was restructured. We combined the businesses of 10* of the 12 banks in Hong Kong originally belonged to the Bank of China Group. In addition, we held shares in Nanyang Commercial Bank, Limited (“NCB”), Chiyu Banking Corporation Limited (“Chiyu”) and BOC Credit Card (International) Limited, all of which incorporated in Hong Kong. In line with the strategic plan of Bank of China Limited (“BOC”) and BOCHK in the ASEAN region and Hong Kong, we completed disposal of all of our interests in NCB and Chiyu in May 2016 and March 2017 respectively. In addition, we vigorously pushed forward business integration in Southeast Asia and completed the acquisition of Bank of China (Malaysia) Berhad in October 2016. The Bank of China (Hong Kong) Brunei Branch opened in December 2016, our first overseas institution under the BOCHK brand, extending BOC’s network coverage to all ten ASEAN countries. In January 2017, we completed the acquisition of Bank of China (Thai) Public Company Limited. In February 2017, we entered into acquisition agreements with our parent bank in relation to the acquisitions of the Indonesia business and Cambodia business. We have made significant progress in our regional expansion and transformation into a regional bank.



* The 10 banks include Bank of China Hong Kong Branch, the Hong Kong branches of the seven banks incorporated in the Mainland of China (The Kwangtung Provincial Bank, Sin Hua Bank Limited, The China & South Sea Bank Limited, Kincheng Banking Corporation, The China State Bank Limited, The National Commercial Bank Limited and The Yien Yieh Commercial Bank Limited), as well as two locally-incorporated banks, Hua Chiao Commercial Bank Limited and Po Sang Bank Limited.

Chamber Representative

  • Thomas Wong

    Head of Business Partnerships Management