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Last CNY4.93 CNY
Change Today +0.13 / 2.71%
Volume 1.6B
601988 On Other Exchanges
Symbol
Exchange
OTC US
Shanghai
OTC US
Hong Kong
Frankfurt
As of 3:05 AM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

bank of china ltd-a (601988) Snapshot

Open
CNY4.90
Previous Close
CNY4.80
Day High
CNY5.00
Day Low
CNY4.83
52 Week High
01/16/15 - CNY5.08
52 Week Low
06/27/14 - CNY2.53
Market Cap
1.4T
Average Volume 10 Days
1.9B
EPS TTM
CNY0.61
Shares Outstanding
210.8B
EX-Date
--
P/E TM
8.1x
Dividend
CNY0.19
Dividend Yield
3.98%
Current Stock Chart for BANK OF CHINA LTD-A (601988)

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bank of china ltd-a (601988) Details

Bank of China Limited, together with its subsidiaries, provides a range of corporate banking, personal banking, treasury operations, investment banking, insurance, and other services in the People’s Republic of China and internationally. The company’s Corporate Banking segment offers current accounts, deposits, overdrafts, loans, trade-related products and other credit facilities, foreign currency, derivatives, and wealth management products to corporate customers, government authorities, and financial institutions. Its Personal Banking segment provides savings deposits, personal loans, credit and debit cards, payments and settlements, wealth management products, and funds and insurance agency services to retail customers. The company’s Treasury Operations segment is involved in the foreign exchange transactions, customer-based interest rate and foreign exchange derivative transactions, money market transactions, proprietary trading, and asset and liability management. Its Investment Banking segment offers debt and equity underwriting and financial advisory, stock brokerage, investment research and asset management, and private equity investment services, as well as sells and trades securities. The company’s Insurance segment underwrites general and life insurance products; and provides insurance agency services. As of December 31, 2014, Bank of China Limited had a total of 11,514 institutions, which included 10,886 institutions in Chinese mainland; and 628 institutions in Hong Kong, Macau, Taiwan, and other countries. The company is also involved in the aircraft leasing business. It operated a fleet of 230 owned aircraft and 20 managed aircraft. Bank of China Limited was founded in 1912 and is headquartered in Beijing, China.

308,128 Employees
Last Reported Date: 03/25/15
Founded in 1912

bank of china ltd-a (601988) Top Compensated Officers

Vice Chairman, President, Executive Director ...
Total Annual Compensation: CNY751.0K
Chairman and Chairman of Strategic Developmen...
Total Annual Compensation: CNY843.0K
Executive Vice President, Executive Director,...
Total Annual Compensation: CNY728.0K
Executive Vice President
Total Annual Compensation: CNY355.5K
Executive Vice President
Total Annual Compensation: CNY355.5K
Compensation as of Fiscal Year 2014.

bank of china ltd-a (601988) Key Developments

Bank of China's Singapore Unit Set Ups Branches

Bank of China (BOC) is expanding its presence with more branches and a freshly inked deal with Singapore Exchange to roll out more yuan-denominated financial instruments. BOC said that its Singapore unit has set up one new branch at Westgate in Jurong East and another at Causeway Point in Woodlands, bringing the total number of branches islandwide to eight.

Bank of China, BOC International Holdings Limited and Singapore Exchange Expand Collaborations on RMB and Market Developments

Singapore Exchange (SGX), Bank of China (BOC) and BOC International Holdings Limited (BOCI) are extending their collaboration on Renminbi (RMB) initiatives and embarking on joint activities that will contribute to the growth of both financial markets. The respective framework for collaboration were signed in Singapore and witnessed by Mr. Chen Siqing, President of BOC and Mr. Magnus Böcker, CEO of SGX in Singapore. The collaboration is an extension of BOC and SGX's Memorandum of Understanding (MOU) first signed in 2013, which will increase their cooperation to strengthen the RMB infrastructure in both markets. This will include more RMB-denominated products and solutions, such as the development of RMB-denominated commodities and derivatives contracts, as well as enhancing RMB clearing and settlement services. BOC is SGX's first Chinese settlement bank for its derivatives market and a pioneer market maker for SGX's RMB currency futures. Since the launch in October 2014, SGX RMB futures has successfully traded a total notional value of CNY 35 billion. Under the framework for collaboration signed, BOCI and SGX will provide customers with greater access to growth opportunities in China and Singapore markets, through joint marketing. This is BOCI's first comprehensive collaboration inked with an exchange, and will see BOCI take up SGX memberships and market making arrangements.

Bank of China Limited to Open Eight Branches Abroad in Hungary, Poland and Indonesia

Bank of China Limited planned to open eight branches abroad in Hungary, Poland and Indonesia, still needing approval from Chinese and local government.

 

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601988:CH CNY4.93 CNY +0.13

601988 Competitors

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Company Last Change
Agricultural Bank of China Ltd CNY4.03 CNY +0.06
Banco Santander SA €6.56 EUR -0.208
Bank of America Corp $15.56 USD -0.23
Citigroup Inc $53.07 USD -0.95
JPMorgan Chase & Co $62.84 USD -0.97
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Industry Analysis

601988

Industry Average

Valuation 601988 Industry Range
Price/Earnings 8.6x
Price/Sales 3.4x
Price/Book 1.3x
Price/Cash Flow 6.1x
TEV/Sales NM Not Meaningful
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