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Bank of China Ltd (3988.HK)

3988.HK on Hong Kong Stock

3.87HKD
22 Nov 2017
Change (% chg)

HK$0.05 (+1.31%)
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Volume
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Latest Key Developments (Source: Significant Developments)

BOC Hong Kong enters agreement with Bank of China
Monday, 6 Nov 2017 03:32am EST 

Nov 6 (Reuters) - BOC Hong Kong Holdings Ltd <2388.HK>::‍Entered agreement with Bank of China regarding transfer of Vietnam and Philippines business ​.Consideration for proposed transfer of Philippines business is 4.4026 billion​ pesos.‍Consideration for proposed transfer of Vietnam business is USD152 million​.  Full Article

Bank of China updates on ‍potential restructuring in ASEAN region​
Monday, 6 Nov 2017 03:30am EST 

Nov 6 (Reuters) - Bank of China Ltd <3988.HK>-:Potential restructuring in asean region​.As transferor entered agreement regarding transfer of banking businesses operated by bank in Vietnam.As transferor, enters agreement for banking businesses operated by bank in Philippines through Bank Of China, Manila Branch​.  Full Article

Bank Of China announces completion of issuance of tier-2 capital bonds
Friday, 3 Nov 2017 03:32am EDT 

Nov 3 (Reuters) - Bank Of China Ltd <601988.SS> ::Says it issued tier-2 capital bonds in an aggregate amount of 30 billion yuan in domestic interbank bond market on Oct. 31 .The issuance of the Bonds was completed on Nov. 2.Bonds are all fixed rate bonds with a term of 10 years and coupon rate of 4.45 percent .  Full Article

Bank of China posts financial results for Q3, Jan-Sept
Monday, 30 Oct 2017 05:13am EDT 

Oct 30 (Reuters) - Bank of China Ltd <3988.HK><601988.SS>:Says Q3 net interest margin at 1.85 percent versus 1.84 percent at end-June.Says Q3 NPL ratio at 1.41 percent versus 1.38 percent at end-June.Says Q3 net profit 41.82 billion yuan ($6.29 billion).Says 9-month net profit 145.51 billion yuan.Says Q3 common equity tier 1 capital adequacy ratio at 11.15 percent versus 11.37 percent at end-December.  Full Article

Bank of China says still under pressure to resolve non-performing loans
Wednesday, 30 Aug 2017 06:02am EDT 

Aug 30 (Reuters) - Bank of China Ltd <601988.SS>, <3988.HK>:Chief Risk Officer Pan Yuehan says the bank is still under pressure to resolve non-performing loans.Pan expects asset quality to remain stable for the full year.Vice President Zhang Qingsong expects net interest margin to stabilise and improve for the full year.  Full Article

Bank of China posts H1 financial results
Wednesday, 30 Aug 2017 04:47am EDT 

Aug 30 (Reuters) - Bank Of China Ltd <3988.HK><601988.SS>:Says H1 net interest margin at 1.84 percent versus 1.80 percent at end-March.Says H1 net profit 103.69 billion yuan ($15.73 billion).Says H1 NPL ratio at 1.38 percent versus 1.45 percent at end-March.Says H1 common equity tier 1 capital adequacy ratio at 10.93 percent versus 11.37 percent at end-December.  Full Article

Bank of China elects Chen Siqing as chairman
Thursday, 17 Aug 2017 07:09am EDT 

Aug 17 (Reuters) - Bank of China <601988.SS><3988.HK>:Says board elects Chen Siqing as chairman as Tian Guoli resiged due to change in job role.  Full Article

Bank of China approved election of Chen Siqing as chairman of board
Thursday, 17 Aug 2017 06:56am EDT 

Aug 17 (Reuters) - Bank Of China Ltd <601988.SS>::Approved election of Chen Siqing as chairman of board of directors of bank.Chen Siqing has tendered his resignation as president of bank on 16 August 2017.  Full Article

Bank of China says Tian Guoli resigned as chairman of board
Thursday, 17 Aug 2017 06:48am EDT 

Aug 17 (Reuters) - Bank Of China <3988.HK>::Resignation of the chairman of the board .Tian Guoli resigned as chairman of board, executive director, due to change of job.  Full Article

Bank of China to pay FY 2016 annual div on July 14
Thursday, 6 Jul 2017 11:22pm EDT 

July 7(Reuters) - Bank of China Co Ltd <601988.SS> ::* Says it will pay FY 2016 dividend to shareholders of record on July 13.* The company's shares will be traded ex-right and ex-dividend on July 14 and the dividend will be paid on July 14.  Full Article

Bank of China issues green bond in Paris - Xinhua

SHANGHAI, Nov 17 One of China's biggest banks, state-owned Bank of China, has issued a green bond denominated in the Chinese yuan currency in Paris, the first of its kind in France, the official Xinhua news agency reported on Friday.