Bank of China Ltd (3988.HK)
18 May 2018
MEXICO CITY, May 17 China's fourth-largest bank by assets is pushing into the Mexican market, aiming to meet the needs of large Chinese companies increasingly eager to expand into Mexico, a senior executive said on Thursday.
ACCRA, May 17 Ghana's Cocobod appointed five lenders, including Amro Bank and Bank of China , to arrange its $1.3 bln syndicated loan to finance 2018/19 crop purchases, the regulator said on Thursday.
* APPROVED APPOINTMENT OF MEI FEIQI AS SECRETARY TO BOARD Source text for Eikon: Further company coverage:
BEIJING, April 27 Bank of China Ltd (BoC) , the country's fourth-biggest lender by assets, posted a 5 percent rise in first-quarter net profit on Friday, slightly below analyst estimates.
* SAYS Q1 NET INTEREST MARGIN AT 1.85 PERCENT VERSUS 1.84 PERCENT AT END-DECEMBER
* BOARD RESOLVED TO APPROVE THE ISSUANCE OF THE QUALIFIED WRITE-DOWN TIER-2 CAPITAL INSTRUMENT NOT MORE THAN RMB 80 BILLION
* Says it plans to pay cash dividend of 0.176 yuan per share (before tax) to shareholders for 2017
* LIN JINGZHEN HAS BEGUN TO SERVE AS EXECUTIVE VICE PRESIDENT OF BANK FROM MARCH 28, 2018 Source text for Eikon: Further company coverage:
SHANGHAI/BEIJING Bank of China Ltd (BoC) , the country's fourth-largest lender by assets, reported a smaller-than-expected drop in quarterly profit, helped by rising interest income and falling operating expenses.
* NPL ratio 1.45 pct vs 1.41 pct end-Sept (Adds interest income, other details)