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![]() Bank of China Tower in Hong Kong | |
Company type | public |
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Industry | Financial services |
Founded |
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Headquarters | Bank of China Tower, Central, |
Key people | Ge Haijiao, Chairman Sun Yu, Vice chairman and Chief Executive |
Products | Retail banking, commercial banking, investment banking, mortgage loans, private banking, wealth management, credit cards, finance and insurance |
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Total assets | ![]() |
Number of employees | ![]() |
Parent | Bank of China |
Website | bochk.com |
Bank of China (Hong Kong) Limited | |||||||||||
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Traditional Chinese | 中國銀行(香港)有限公司 | ||||||||||
Simplified Chinese | 中国银行(香港)有限公司 | ||||||||||
Jyutping | zung1 gwok3 ngan4 hong4 (hoeng1 gong2) jau5 haan6 gung1 si1 | ||||||||||
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Alternative Chinese name | |||||||||||
Traditional Chinese | 中銀香港 | ||||||||||
Simplified Chinese | 中银香港 | ||||||||||
Jyutping | zung1 ngan4 hoeng1 gong2 | ||||||||||
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Bank of China (Hong Kong) Limited (Chinese: 中國銀行(香港)有限公司), abbreviated as BOCHK (Chinese: 中銀香港), is a subsidiary of the Bank of China (via the Hong Kong-listed intermediate holding company BOC Hong Kong Holdings). Bank of China (Hong Kong) is the second-largest commercial banking group in Hong Kong in terms of assets and customer deposits (2008 data),[2] with more than 190 branches across Hong Kong as of the end of 2019.[1] It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar.
BOCHK is legally separated from its parent, Bank of China (BOC), although they maintain close relations in management and administration and co-operate in several areas, including reselling BOC's insurance and securities services. BOCHK is also the biggest member and a founder of[clarify] the JETCO ATM and payment system, and the designated clearing bank in Hong Kong for transactions involving the Renminbi (RMB / CNH).
BOCHK was established on 1 October 2001 from a merger of 12 subsidiaries and associates of the Bank of China in Hong Kong, and listed on the Hong Kong Stock Exchange in October 2002.[3] As of the end of 2019, the bank had HKD3,026 billion in assets and an operating profit of HKD39.8 billion.[1] Its head office is in the Bank of China Tower in Central, Hong Kong.[4] The head office is shared with the Hong Kong units of its parent company; it was completed in 1988 and was the first building outside North America to exceed 1,000 feet (305 m) in height.