BankTrack is the international tracking, campaigning and support organisation focused on banks and the activities they finance.
We aim to promote fundamental changes in the banking sector so that banks adopt just and sustainable business practices.
Bank of China headquarters in Beijing. Photo: Max12Max via Wikimedia Commons (CC BY-SA 4.0)Bank of China is one of China's Big Four joint-stock commercial banks and was founded in 1912. Bank of China offers commercial banking, investment banking, insurance, asset management, aircraft leasing and other financial services. At the end of 2016 Bank of China controlled assets worth USD 2.868 trillion.
| Headquarters |
No.1 Fuxingmen Nei Street, Xicheng District
100818 Beijing
China
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| Supervisor | |
| CEO/chair |
Chen Siqing Vice Chairman and President |
| Annual report | CSR Report 2016 |
| Website | http://www.boc.cn/en/index.html |
| Ownership |
listed on Hong Kong Stock Exchange & Shanghai Stock Exchange
Bank of China's share holder structure can be viewed here. Central Huijin Investment (a state owned investment company) holds a majority share of 64.02%. |
Bank of China has a Corporate Social Responsibility webpage, which can be viewed here. The bank declared its CSR policy improvements as listed below:
2012 Draft and improvement of credit policies related to environmental protection as well as energy savings and emission reductions, however there was no public announcement.
2011 The bank developed credit policies concerning environment protection and energy-saving and emission-reducing credit. However, the policies were issued as an external file and were not disclosed to public.
2010 In May 2010, the Bank published “Guidelines for Support of Energy-saving and Emission-reducing Credit”, providing systemic guarantees to green credit promotion and development.
2009 The bank published “Credit Policy Guidelines for Support of Energy-saving Emission-Reducing Projects”, as well as an interpretation of the guidelines in the media.
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True leader
Front runner
Follower
Laggard
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BankTrack has assessed Bank of China on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. Bank of China is assessed as a Laggard, with a total score of 0/12.
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