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View all search resultsBank-of-China
Economy 3 years ago
China unexpectedly cuts key rates as economic data disappoints
China's economy unexpectedly slowed in July, data showed on Monday, with factory and retail activity squeezed by Beijing's zero-COVID policy and a property crisis, while the central bank surprised markets with key lending rates cuts to revive demand.
Business 5 years ago
Chinese banks to post first first-half profit drop in over a decade amid pandemic pain
Some of China’s largest banks are set to post their first drop in first-half profits since the global financial crisis, hit by a surge in bad debt and higher loan-loss provisions due to the coronavirus pandemic, analysts and official data indicate.
Business 9 years ago
Life insurer Zurich announces partnership with Bank of China
Life insurer Zurich Topas Life, a part of Switzerland's Zurich Insurance Group Ltd., announced on Thursday its bancassurance partnership with Chinese commercial lender Bank of China, as it eyes Indonesia’s expatriate community.
SE Asia 9 years ago
RMB usage to boost Indonesia, China economies: Bank of China
Chinese commercial lender Bank of China has called on Indonesian businesspeople to intensify the usage of Chinese renminbi (RMB), which has been included in the global basket of reserve currencies since October of last year, to promote trade with Chinese counterparts and reduce foreign exchange losses.
