Bank of China

The fourth-largest bank in the world, the Bank of China is a mainly Chinese state-owned commercial bank with its headquarters in Beijing. The Ta-Ching Government Bank of the Qing Dynasty was replaced by the Bank of China, which was established in 1912 by the Republican government to serve as China's central bank.

Since the 1908 founding of the Bank of Communications, it has been China's second-oldest bank still in operation. It was one of the "Big Four" banks of the era, along with the Farmers Bank of China, Bank of Communications, and Central Bank of the Republic of China, that printed banknotes on behalf of the government from its founding until 1942. The newly constituted People's Bank of China continued to be known as its central bank.

The market capitalization of the Bank of China was $136.49 billion as of April 2023. By market cap, this places Bank of China as the 86th most valuable firm in the entire globe. The most recent financial reports from the Bank of China indicate that the company's current revenue (TTM) is $93.10 billion. The corporation generated $93.37 billion in revenue in 2021, a rise from $82.23 billion in revenue in 2020.

Founded: 1912
Headquarters: Beijing, China
Website: boc.cn