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BOC Hong Kong
BOC Hong Kong

Financial services / Banking and Financial Services

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Company Overview

General information about the BOC Hong Kong company
BOC Hong Kong (Holdings) Limited is a subsidiary of Bank of China and one of the largest banks in Hong Kong. The company provides a wide range of financial products and services, including retail and corporate banking, wealth management, and investment banking.
Founded in 1917, BOC Hong Kong has a long history in the Hong Kong banking sector and has grown to become one of the top banks in the city. In addition to its operations in Hong Kong, the company also has a presence in mainland China, Macau, and overseas through its international banking centers.
BOC Hong Kong is listed on the Hong Kong Stock Exchange and is a constituent of the Hang Seng Index. The company has a strong financial position, with total assets of over HK$2.5 trillion as of December 2019.
The company's mission is to be the preferred banking partner for its customers by providing innovative and reliable financial solutions. BOC Hong Kong has a customer-centric approach and aims to build long-term relationships with its clients by understanding their needs and providing personalized services.
In addition to its core banking business, BOC Hong Kong also operates in other financial sectors, including insurance and securities. The company has received several accolades for its services, including the Best Retail Bank in Hong Kong award from The Asian Banker in 2020.
In line with its parent company's commitment to sustainable development, BOC Hong Kong has also implemented various initiatives to promote environmental and social responsibility, such as offering green financing and promoting financial inclusion for underprivileged individuals and small businesses.
Overall, BOC Hong Kong is a reputable and established bank in Hong Kong, with a strong presence in the region and a commitment to providing comprehensive financial solutions to its customers.
What is special about the BOC Hong Kong company?
There are a few things that are special about the BOC Hong Kong company:
1. History and Heritage: BOC Hong Kong has a long and rich history that dates back to 1917, when its predecessor, Kwong On Bank, was established in Hong Kong. It has since been acquired by Bank of China (BOC) in 2001 and has become a subsidiary of this renowned Chinese bank.
2. Bank of China Connection: BOC Hong Kong is a member of the Bank of China Group, one of the largest banking and financial services institutions in the world. This affiliation gives the company access to a vast network of resources and expertise, helping it to stay at the forefront of the industry.
3. Strong Presence in Hong Kong: BOC Hong Kong is one of the three note-issuing banks in Hong Kong, and has a significant market share in the city's banking industry. Its wide network of branches and ATMs, together with its extensive range of products and services, makes it a prominent player in the Hong Kong market.
4. Comprehensive Banking Services: BOC Hong Kong offers a wide range of banking and financial services, including personal banking, corporate banking, wealth management, and investment banking. It also provides a range of digital banking solutions to cater to the changing needs and preferences of its customers.
5. Strong Financial Performance: BOC Hong Kong has a strong financial track record and has consistently delivered stable and sustainable growth. It has received numerous awards and recognition for its financial performance, including being named the "Best Domestic Bank in Hong Kong" by Asian Banker and "Best Bank in Hong Kong" by Global Finance.
6. Commitment to Corporate Social Responsibility: BOC Hong Kong is committed to giving back to the community and has established a solid reputation for its corporate social responsibility initiatives. These include supporting various educational and cultural programs, promoting environmental sustainability, and supporting charitable and humanitarian causes.

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