Bank of China

Bank of China (BOC), established in 1912, is China's most internationalized commercial bank with over 10,000 domestic and 600 overseas operations. Originally serving as China's central bank and foreign exchange bank, BOC transitioned to a state-controlled joint stock commercial bank in 2004. The bank's subsidiaries include BOC Hong Kong, BOC International, and BOCG Insurance. Its first international presence began with the London Branch in 1929, and it later became the note-issuing bank in Hong Kong (1994) and Macao (1995). BOC aims to be a leading multinational banking group focused on commercial banking while delivering comprehensive financial services globally.