Bank of China Limited (3988.HK)

3.360 +0.010 (+0.30%) At close: 04:08PM HKT

Bank of China Limited

No. 1 Fuxingmen Nei Dajie
Xicheng District
Beijing 100818
China
86 10 6659 6688
https://www.boc.cn

Sector(s): Financial Services
Industry: Banks - Diversified
Full-time employees: 306,931

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Haijiao Ge	Executive Chairman	731.51k	N/A	1971
Ms. Qian Meng	Chief Information Officer	1.41M	N/A	1965
Mr. Jiandong Liu	Chief Risk Officer	1.41M	N/A	1969
Mr. Jingzhen Lin	Executive VP & Executive Director	654.74k	N/A	1965
Ms. Rong Zhao	Chief Business & Management Officer	1.41M	N/A	1971
Mr. Xiaodong Zhang	Executive Vice President	744.92k	N/A	1972
Mr. Zhao Cai	Executive Vice President of the Bank	299.61k	N/A	1973
Mr. Chengwen Zhuo	Company Secretary	1.41M	N/A	1970
Mr. Jin Liu	President & Executive Vice Chairman	937.88k	N/A	1967
Mr. Jianguang Wu	General Manager of Financial Management Department	N/A	N/A	1966

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

Bank of China Limited, together with its subsidiaries, provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally. It operates through six segments: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other. The Corporate Banking segment provides current accounts, deposits, overdrafts, loans, payments and settlements, trade-related products, and other credit facilities, as well as foreign currency, derivative, and wealth management products for corporate customers, government authorities, and financial institutions. The Personal Banking segment offers savings deposits, personal loans, credit cards and debit cards, payments and settlements, wealth management, and funds and insurance agency services to retail customers. The Treasury Operations segment offers foreign exchange transactions, customer-based interest rate, and foreign exchange derivative transactions, as well as money market transactions, proprietary trading, and asset and liability management. The Investment Banking segment provides debt and equity underwriting and financial advisory, sale and trading of securities, stock brokerage, investment research, asset management services, and private equity investment services. The Insurance segment provides underwriting services for general and life insurance business, and insurance agency services. In addition, the company operates debt-to-equity swaps and other supporting, and aircraft and financial leasing business. The company was founded in 1912 and is headquartered in Beijing, China.

Corporate governance

Bank of China Limited’s ISS governance QualityScore as of 1 April 2024 is 8. The pillar scores are Audit: 3; Board: 5; Shareholder rights: 2; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.