BOC

Beijing, China Founded: 1912 • Age: 114 yrs
International commercial banking services are provided by Bank of China.
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About BOC

BOC is a company based in Beijing (China) founded in 1912.. The company has 312,760 employees as of December 31, 2024. BOC has completed 2 acquisitions, including GL Prop and Goodbody Stockbrockers. BOC operates in a competitive market with competitors including Investec, SVB, Bank of America, Scotiabank and China Merchants Bank, among others.

  • Headquarter Beijing, China
  • Employees 312760 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bank Of China Limited Class A
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
    $169.88 B (USD)
    3.33
    as on Dec 31, 2024
  • Net Profit
    $32.58 B (USD)
    2.56
    as on Dec 31, 2024
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    312760

    as on Dec 31, 2024

  • Investments & Acquisitions
    GL Prop

    & 1 more

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IPO & Listings of BOC

BOC is a publicly listed company on the SSE with ticker symbol 601988 in China, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: SSE · Ticker: 601988 . Sector: Finance · China
People of BOC
Headcount 10000+
Employee Profiles 75
Board Members and Advisors 12
Employee Profiles
People
Tom Phang
Director/ Vice President -natural Resources & Project/ Structure Finance
People
Liu Jin
Vice Chairman & President
People
Yujie Li
Assistant VP At America Data Center
People
Wei Sun
Head Of Great China Region, Financial Institutions

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Board Members and Advisors
people
Giovanni Tria
Independent Director
people
Martin Cheung Kong Liao
Independent Director
people
Chen Chunhua
Independent Director
people
Chui Sai Peng Jose
Independent Director

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Funding Insights of BOC

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by BOC

BOC has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include GL Prop and Goodbody Stockbrockers. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Real estate fund focused on industrial real estate and logistic parks
2009
Investment banking firm
1877
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - BOC

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Boc Comparisons

Employees
+
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Competitors of BOC

BOC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Investec, SVB, Bank of America, Scotiabank and China Merchants Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Global banking, investment, and wealth management services are offered worldwide.
domain founded_year HQ Location
Banking services are provided to innovative companies, investors, and individuals.
domain founded_year HQ Location
Commercial banking and asset management services are offered worldwide.
domain founded_year HQ Location
Commercial banking services are provided internationally by Scotiabank.
domain founded_year HQ Location
Diversified banking and wealth management services are provided in China.
domain founded_year HQ Location
Commercial bank
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Boc

Frequently Asked Questions about BOC

When was BOC founded?

BOC was founded in 1912.

Where is BOC located?

BOC is headquartered in Beijing, China.

How many employees does BOC have?

As of Dec 31, 2024, the latest employee count at BOC is 312,760.

What is the annual revenue of BOC?

Annual revenue of BOC is $169.88B as on Dec 31, 2024.

What does BOC do?

Bank of China was established in 1912 and is headquartered in Beijing, China. Commercial banking is conducted in the financial sector, with services encompassing corporate banking, personal banking, and financial markets. Operations span 51 countries globally. Annual revenues of 158.23B and net profit of 33.23B were achieved in 2022.

Who are the top competitors of BOC?

BOC's top competitors include Investec, SVB and Scotiabank.

Is BOC publicly traded?

Yes, BOC is publicly traded on SSE under the ticker symbol 601988.

How many acquisitions has BOC made?

BOC has made 2 acquisitions, including GL Prop, and Goodbody Stockbrockers.

What is BOC's ticker symbol?

The ticker symbol of BOC is 601988 on SSE.

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