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Chairman Xiao Gang of BOC Responds to the Saying of Sell State-owned Banks at Cheap Price: Are state-owned commercial banks sold at cheap price when listed? Will the massive entry of overseas strategic investors endanger the financial safety of China? Who are protected under the Protective Clauses ? Why not introduce domestic strategic investors? After the first ...

Bank of China Brings Forward Five Measures to Intensify Internal Control: On November 30, BOC spokesmen Wang Zhaowen disclosed to the public that BOC had brought forward five mighty measures to intensify the internal control. He said, the improvement of internal control had been regarded as one of the fundamental tasks or basis for the healthy ...

Bank of China Reforms NPA Disposal Process to Intensify Risk Control: On December 5, BOC spokesman Wang Zhaowen briefed the press on the reform of NPAs disposal process and risk prevention measures during the NPA disposal. He said that since the joint-stock reform, Bank of China had undertaken the measures to solve the problems of excessive ...

BOC Spokesman Issues Statement on Relevant Issues: On December 5, Bank of China s spokesman Wang Zhaowen issued statement on relevant issues. He first expressed gratitude for the attention of domestic and overseas media to the joint-stock reform of the Bank. He said that the rumors by some media in recent days on the latest ...

Bank of China Provides brand new Value-added Services to Wealth Management Clients: On December 6, Bank of China (BOC) announced that by taking the advantages of its network resources at home and abroad, Bank of China took the lead in bringing forward BOC Wealth Management services to its clients in China and Asia-Pacific region. Moreover, BOC will launch a ...

BOC and ICC China Jointly Hold Symposium on International Services Cooperation among Chinese Banks: On November 29, Bank of China and the China National Committee of International Chamber of Commerce (ICC China) jointly held the First Symposium on International Services Cooperation among Chinese Banks at the Head Office Building of the Bank. This is the first high-level and ...

General Manager Wang lijun of BOC Seoul Branch wins the President s Award of the Korean Government: On December 19, 2005, Wang Lijun, General Manager of Seoul Branch of Bank of China, won the President s Award of the Korean Government in the commending conference for introducing foreign investment, according to Bank of China. Lee Hee-Beom, Minister of the Ministry of Commerce, ...

Bank of China Signs Strategic Cooperation Agreement with Top 8 Domestic Real Estate Enterprises: On December 21, 2005, Bank of China and top 8 domestic real estate enterprises held signing ceremony of Strategic Cooperation Agreement on Ideal Home Personal Housing Loan. This Agreement is to strengthen the cooperation between the Bank and real estate enterprises, promote a ...

Bank of China Wins 2005 China Marketing Innovation Award: Bank of China won 2005 China Marketing Innovation Award in 2005 China Marketing Forum hosted by CCTV and China Marketing the other day. Bank of China, the only financial institution awarded in the Forum, had high remarks from the Judgment Committee saying that marketing ...

The First Mainland Branch of BOC Insurance Receives Approval for Establishment: On December 30, spokesman of Bank of China Wang Zhaowen briefed the media that Jiangsu Branch of the Bank of China Insurance Company, Ltd. (hereinafter referred to as BOC Insurance) had received approval from regulatory authorities for establishment. Jiangsu Branch of BOC ...

Ground Breaking of Bank of China Information Center Project: Recently, Bank of China (BOC) has held a grand ceremony on the ground breaking of BOC Information Center Project (Beijing), on which BOC President Li Lihui, government officials from Beijing Municipal and Haidian District as well as the representative from the Contractor have ...

BOC Further Strengthens Anti-money Laundering: On January 9, BOC spokesman Wang Zhaowen introduced to the media about the latest measures BOC had taken to strengthen anti-money laundering. He said, in view of the increasingly severe situation in international money laundering and terrorist financing, the international society ...

Bank of China Spokesman Addresses on the Inaccurate Reports of Some Websites: On January 9, BOC spokesman Wang Zhaowen addressed on the inaccurate reports of some websites. He said that the reports on the staff of BOC Bank Card Center refusing to sign the labor contracts or resigning en bloc, as reported on some websites based on the information provided ...

New Actions for Wealth Management of Bank of China: Link Domestic Investment with Overseas Stocks: On January 11, spokesman of Bank of China (BOC) Wang Zhaowen briefed the press that following the products of overseas wealth management, wealth investment management and the uniform service in Asia Pacific areas of BOC Wealth Management launched in December 2005 by BOC, again, ...

Special Fund of Bank of China against Risk of Guarantee Letter for Overseas Contracting Projects: On January 12, the spokesman of Bank of China (BOC) Wang Zhaowen briefed the media that the special risk fund against risk of guarantee letter for overseas contracting projects had obtained more governmental financial support. He said, in order to further support Chinese ...

Opening & Unveiling Ceremony of Jiangsu Branch of BOC Insurance: After three months of preparation, Bank of China Insurance Co., Ltd. (hereinafter referred to as BOC Insurance), a wholly-funded subsidiary of Bank of China, finally took its first step of operation in Mainland China. On January 18 2006, Jiangsu Branch of BOC Insurance held its ...

Bank of China Signs All-round Cooperation Agreement with Beijing Rural Commercial Bank: The Signing Ceremony of All-round Cooperation Agreement between Bank of China (BOC) and Beijing Rural Commercial Bank (BRCB) was held on January 24th. BOC President Li Lihui, Assistant President Zhu Xinqiang, BRCB President Jin Weihong, Vice President Jiang Chao and Assistant ...

Bank of China Signs Fund Custody Agreement with Jilin Social Insurance Company: On January 24, Bank of China (BOC) and Jilin Social Insurance Company signed Fund Custody Agreement on Personal Account of Endowment Insurance of Jilin Province in Beijing. Li Zaohang (Executive Director and Vice President of BOC), Yu Hongcai (Vice General Director of Jilin Labor ...

Bank of China Opens the first Olympic-licensed Products Outlet in Macau: The first outlet to sell Beijing 2008 Olympic-licensed products outside Mainland China opened today in Macau. Its opening gave Macau residents who supported Beijing Olympic Games and loved sports an opportunity to experience the Olympic atmosphere, and sent Olympic blessing to ...

Speech on U.S. Department of Justice s Charge against the Bank's Corrupt Officials in Kaiping Case: Wang Zhaowen, spokesperson for Bank of China (BOC) made a speech on Feb.6 on the issue concerning the U.S. Department of Justice's charge against the Bank's corrupt officials involved in the Kaiping corruption case. Wang said BOC had noticed the reports from home and abroad on ...

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