Edition:
United Kingdom

Bank of China Ltd (601988.SS)

601988.SS on Shanghai Stock Exchange

3.86CNY
15 Dec 2017
Change (% chg)

-- (--)
Prev Close
¥3.86
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
175,655,812
52-wk High
¥4.37
52-wk Low
¥3.39

Latest Key Developments (Source: Significant Developments)

BOC Hong Kong enters agreement with Bank of China
Monday, 6 Nov 2017 

Nov 6 (Reuters) - BOC Hong Kong Holdings Ltd <2388.HK>::‍Entered agreement with Bank of China regarding transfer of Vietnam and Philippines business ​.Consideration for proposed transfer of Philippines business is 4.4026 billion​ pesos.‍Consideration for proposed transfer of Vietnam business is USD152 million​.  Full Article

Bank of China updates on ‍potential restructuring in ASEAN region​
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Bank of China Ltd <3988.HK>-:Potential restructuring in asean region​.As transferor entered agreement regarding transfer of banking businesses operated by bank in Vietnam.As transferor, enters agreement for banking businesses operated by bank in Philippines through Bank Of China, Manila Branch​.  Full Article

Bank Of China announces completion of issuance of tier-2 capital bonds
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Bank Of China Ltd <601988.SS> ::Says it issued tier-2 capital bonds in an aggregate amount of 30 billion yuan in domestic interbank bond market on Oct. 31 .The issuance of the Bonds was completed on Nov. 2.Bonds are all fixed rate bonds with a term of 10 years and coupon rate of 4.45 percent .  Full Article

Bank of China posts financial results for Q3, Jan-Sept
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Bank of China Ltd <3988.HK><601988.SS>:Says Q3 net interest margin at 1.85 percent versus 1.84 percent at end-June.Says Q3 NPL ratio at 1.41 percent versus 1.38 percent at end-June.Says Q3 net profit 41.82 billion yuan ($6.29 billion).Says 9-month net profit 145.51 billion yuan.Says Q3 common equity tier 1 capital adequacy ratio at 11.15 percent versus 11.37 percent at end-December.  Full Article

Bank Of China says CBRC approved qualifications of recently elected executive directors
Monday, 12 Dec 2016 

Bank Of China Ltd <3988.HK> : announcement refers to election of Ren Deqi and Gao Yingxin as executive directors of the bank .China Banking Regulatory Commission has approved the qualifications of Ren Deqi And Gao Yingxin.  Full Article

Bank of China says Jackson Tai resigned as independent non-executive director<3988.HK><601988.SS>
Thursday, 1 Sep 2016 

Bank of China Ltd <601988.SS>: Boc 2014 pref-...more announcement - resignation of independent non-executive director of the bank <3988.HK> . Received the resignation letter from Jackson Tai resigned as independent non-executive director . Says Jackson Tai's resignation shall become effective as of 1 September 2016 .  Full Article

Bank of China official expects asset quality to "face relatively big pressure"
Tuesday, 30 Aug 2016 

Bank of China's <601988.SS> Chief Risk Officer, Pan Yuehan, says: the bank expects asset quality to "face relatively big pressure" in foreseeable future (Reporting By Chen Yang and Matthew Miller) ((matthew.miller1@thomsonreuters.com;)).  Full Article

Bank of China reports H1 financial results
Tuesday, 30 Aug 2016 

Bank Of China Ltd <3988.HK><601988.SS> : Says H1 net profit 93.04 billion yuan ($13.93 billion) . Says H1 net interest margin at 1.90 percent versus 1.97 percent at end-March . Says NPL ratio at 1.47 percent versus 1.43 percent at end-March .Says H1 common equity tier 1 capital adequacy ratio at 11.05 percent versus 11.10 pct at end-December.  Full Article

Bank of China says Wang Changyun has been appointed as independent non-executive director of co<3988.HK><601988.SS>
Wednesday, 24 Aug 2016 

Bank of China Ltd <601988.SS>: Boc 2014 pref-...more announcement - change in independent non-executive directors of the bank <3988.HK> . Says Wang Changyun has been appointed as independent non-executive director . Says China Banking Regulatory Commission has approved qualification of Wang Changyun .  Full Article

Fitch assigns final 'A' ratings to Bank of China's green bonds
Tuesday, 12 Jul 2016 

:Fitch assigns final 'A' ratings to Bank Of China's green bonds.  Full Article

Bank of China in financing agreement with UAE industrial zone

DUBAI, Dec 13 Bank of China, China's fourth largest bank by assets, has signed an agreement to provide financing to companies setting up in a major Abu Dhabi industrial zone as it looks to capitalise on China's Belt and Road initiative.