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Bank of China s annual report grab more international awards

Bank of China s annual report grab more international awards

Write: Caphis [2011-05-20]

Bank of China s 2008 annual report won more international awards following the honors received in July 2009. The Bank s annual report was announced as the Best Annual Report/Formal Disclosure in the IR Magazine annual awards gala, being the only Chinese commercial bank winning the title, and Citation for Corporate Governance Disclosure by the Hong Kong Management Association (HKMA).

IR Magazine commended that Bank of China s annual report is straightforward in the company s proactive growth strategy. Its continued narrative style has been widely accepted by the market . HKMA believes Bank of China s annual report exhibits a high degree of compliance with the disclosure requirements of accounting standards, the Listing Rules, and the Companies Ordinance as well as the provision of additional voluntary information .

IR Magazine s annual awards competition is the most prominent competition for excellence of Investor Relations among public companies. The magazine invites analysts and fund managers across the global to vote for their preferred companies with best Investor Relations.

HKMA organizes the most respected annual report competition in Hong Kong. Each year the competition attracts more than 100 entries from companies/institutions in Hong Kong.