Bank of China Hong Kong
Bank of China (Hong Kong), abbreviated as BOCHK, is a subsidiary of the China-headquartered banking giant Bank of China.
The bank was formed in 2001, after the Bank of China Group in Hong Kong restructured and combined the businesses of 10 of the 12 banks it operates and owns in Hong Kong.
It is one of the three note-issuing banks and the sole clearing bank for Renminbi (“RMB”) business in Hong Kong.
Renminbi rise to fuel Bank of China HK’s growth
Renminbi rise to fuel Bank of China HK’s growth
The lender expects the currency to be used more often in cross-border deals.
BOCHK makes fully automated transactions of corporate remittances
BOCHK is the first Hong Kong commercial bank to connect to mBridge.
BOCHK to conduct system maintenance on 4 August
Some services will be unavailable until 12NN.
BOCHK warns against phishing website
The fake login page intends to steal customers’ data, BOCHK said.
BOCHK warns against phishing email
It advised customers to delete suspicious emails and attachments without opening them.
BOCHK profit soars 28% YoY to $34.86b in 2023
With improved profit, the bank proposed a 23.2% YoY higher dividend per share.
BOCHK warns against 4 fake websites
The sites purport to be from a logistics service provider and online trading platform.
BOCHK warns of fake websites
The websites reportedly intend to steal customers’ data.
BOCHK warns against fraudulent website
The bank denied any connection to the site and has reported it to authorities.
BOCHK grants $625.5m sustainable loan to Shangri-La Asia
Shangri-La will receive interest rate reductions when ESG targets are achieved.
BOCHK warns of phishing emails
It has reported the case to Hong Kong authorities.
Bank of China HK uses e-CNY for $5.1m cross-boundary settlement
It's a stepping stone towards the normalization of e-CNY use amongst BOCHK's corporate customers.
BOCHK net income up 20.8% to US$6.21b in 9M 2023
Net interest margin rose 36 basis points during the first nine months of 2023.
Bank of China Hong Kong keeps HKD prime rate, deposit rate steady
Savings accounts with over HK$1m will enjoy a 0.001% pa additional bonus rate.
Bank of China Hong Kong expanding e-HKD prepaid pilot to 50 products
It is now inviting customers to participate in the pilot.
Bank of China Hong Kong kicks off pilot for e-HKD use for prepaid services
BOCHK hopes to create a new business model for retail SMEs.
Commentary
Don’t let ESG gaps affect your asset’s value