Bank of China (Hong Kong)

State-owned Chinese banks first entered the banking system of the then-colony with the establishment of a branch of the Bank of China in Hong Kong in 1917. Starting with Yien Yieh Commercial Bank in 1918, other banks quickly imitated it.

In addition to nine mainland-incorporated banks that were public-private joint ventures, there were 15 state-owned Chinese banks with branches in Hong Kong at the time the People's Republic of China was founded in 1949. The Chinese government also founded Nanyang Commercial Bank in 1950 and Po Sang Bank in 1949. These two were both founded in Hong Kong.

The market capitalization of the Bank of China (Hong Kong) as of March 2023 was $34.18 billion. By market capitalization, Bank of China (Hong Kong) is now the 506th most valuable corporation in the world. The most recent financial reports from the Bank of China (Hong Kong) show that the company's current revenue (TTM) is $8.37 billion. The company's revenue in 2021 was $8.37 billion, down from $9.67 billion in 2020.

Founded: 16 October 1964
Headquarters: Bank of China Tower, Central, Hong Kong
Website: bochk.com