Bank of China

Bank of China Co., Ltd.

Native name	中国银行股份有限公司
Type	Public company
Traded as	: 3988 : OTC Pink:
Industry	Banking Financial services
Founded	Beijing, China (1912; 105 years ago (1912))
Headquarters	Beijing, China
Area served	Worldwide
Key people	Chen Siqing, CEO Tian Guoli, President and Chairman of the board
Products	Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, Securities, asset management, wealth management
Operating income	CN¥407.51 billion (2013)
Net income	CN¥211.68 billion (2013)
Total assets	CN¥16.793 trillion (2013)
Owner	Government of China
Number of employees	310,042 (2016)
Website	www.boc.cn

Not to be confused with the People's Bank of China (the central bank of the People's Republic of China)

Bank of China (simplified Chinese: 中国银行; traditional Chinese: 中國銀行; pinyin: ; often abbreviated as 中銀 (in Hong Kong) or 中行 (in mainland)) is one of the 5 biggest state-owned commercial banks in China.

It was founded in 1912 by the Republican government to replace the Imperial Bank of China. It is the oldest bank in mainland China still in existence. From its establishment until 1942, it issued banknotes on behalf of the Government along with the "Big Four" banks of the period: the Farmers Bank of China, Bank of Communications and Central Bank of the Republic of China. Its headquarters are in Xicheng District, Beijing.

As of 31 December 2009, it was the second largest lender in China overall, and the 5th largest bank in the world by market capitalization value. As of 30 June 2015, it has the third highest proportion of interest payable of Chinese companies.

The Bank of China's history began in 1905, when the Qing government established Daqing Hubu Bank (大清户部銀行) in Beijing, which was in 1908 renamed to Daqing Bank (大清銀行). When the Republic of China was established in 1912, it was further renamed as Bank of China by President Sun Yat-sen's government, adding a new role of the central bank.