BANK OF CHINA
TOP 10 : BIGGEST BANKS WORLDWIDE
BANK OF CHINA
RREVENUE ¥ 756.9BN ( US $ 105.3BN ) ( 2023 ) EMPLOYEES 310,000 ( 2023 ) ( ESTIMATE ) CHAIRMAN AND PRESIDENT GE HAIJIAO
FOUNDED 1912 IN SHANGHAI It was originally the central bank of China before 1949 , and is now one of the “ Big Four ” state-owned commercial banks of China . It ’ s also the oldest bank in mainland China still operating .
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As one of China ’ s four major state-owned banks , Bank of China plays a vital role in the nation ’ s financial system whilst expanding its international presence . Leveraging China ’ s Belt and Road Initiative , the bank has strengthened its position in cross-border financing and trade services . Distinguished by its integration of traditional banking with mobile-first innovation , Bank of China leads in digital payment solutions and fintech partnerships . Its strategic focus on serving Chinese companies going global , coupled with international expansion , reflects China ’ s growing influence in global finance . WATCH NOW Bank of China – promotional video fintechmagazine . com 47
CREDIT : GETTY