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Bank of China Limited
Delivering Growth and
Excellence
Annual Report 2009
Bank of China Limited
(a joint stock company incorporated in the People’s Republic of China with limited liability)
Stock Code: 3988
Annual Report 2009
(a joint stock company incorporated in the People’s Republic of China with limited liability)
1 Fuxingmen Nei Dajie, Beijing, China 100818
Tel: (86) 10-6659 6688 Fax: (86) 10-6601 6871
http://www.boc.cn
Stock Code: 3988
Bank of China Limited
Performance
Innovation
B ank of China was formally established in February 1912 following
the approval of Dr. Sun Yat-sen. From 1912 to 1949, the Bank served
consecutively as the country’s central bank, international exchange bank
and specialist foreign trade bank, and fulfilled its commitment to serving
the public and developing China’s financial services sector. Prudent
management and progressive reforms resulted in many significant
achievements across the Bank’s diversified business operations. After the
founding of the People’s Republic of China, Bank of China became the
state-designated specialist foreign exchange and foreign trade bank and
contributed substantially to the development of China’s foreign trade
and national economy. Transformed from a specialist foreign exchange
bank into a state-owned commercial bank in 1994, Bank of China began
a joint stock restructuring in 2003, which resulted in Bank of China
Limited being incorporated in August 2004 and listed on the Hong Kong
Stock Exchange and the Shanghai Stock Exchange in June and July 2006
respectively, becoming the first A share and H share dual listed Chinese
commercial bank.
As the most international and diversified bank in China, Bank of China
provides a comprehensive range of financial services to customers
across the Chinese mainland, Hong Kong, Macau and 29 overseas
countries. The Bank’s core business is commercial banking, including
corporate banking, personal banking and...