BOC Hong Kong (Holdings) Ltd (BOCHK)<2388>, a subsidiary of Bank of China (BOC)<601988><3988>, posts net profit of HK$3.34 billion in 2008, or earnings per share of HK$0.3162, down 78.4% from a year earlier, according to the bank's latest financial report.BOCHK, the third-largest lender in Hong Kong, lost...
Bank of China (BOC)<601988><3988>, one of the country's Big Four banks, on Thursday reached an agreement with China Development Bank (CDB) for cooperation in all aspects, sources reported.The agreement says that both parties will further expand their business cooperation for mutual benefit and...
Shanghai Airlines Co Ltd<600591>, the city's second-largest carrier, signed a strategic cooperation agreement with the Bank of China Ltd (BOC)<601988><3988> Shanghai branch to obtain a credit line of RMB 8 billion from the latter, sources reported.Under the terms of the agreement, the two firms will...
Bank of China (BOC)<601988><3988>, one of the country's Big Four banks, has been selected as the only lead bank to finance a huge bridge linking Hong Kong with Macau and Zhuhai City in southern China, according to a statement on the lender's website on Friday.The project will cost about RMB 72.6 billion,...
Bank of China (BOC)<601988><3988>, one of the country's Big Four banks, plans to acquire a stake in Heng An Standard Life Insurance Co, China Daily reported, citing a source close to the lender as saying. The plan has not been filed with the State Council for approval, said the source without revealing the...
Bank of China (BOC)<601988><3988>, one of the country's Big Four banks, plans to acquire a stake in Heng An Standard Life Insurance Co, China Daily reported, citing a source close to the lender as saying. The plan has not been filed with the State Council for approval, said the source without revealing the...
Bank of China (BOC)<601988><3988>, one of the country's Big Four banks, said on Friday that its Beijing branch has extended RMB 680 million in new loans to Huaneng Power International<600011><902><HNP>, the largest publicly traded power firm in China, to fund the latter's...
Bank of China (BOC) )<601988><3988> granted RMB 100.45 billion in new loans to small- and medium-sized enterprises (SMEs) in January and February, according to its statement on Tuesday.The statement said that the lender's loans to SMEs hit RMB 860 billion in total at the end of February...
Bank of China (BOC)<601988><3988>, the nation's second-largest lender, signed agreements with Hubei Provincial Government over the weekend to extend comprehensive credit worth up to RMB 300 billion for key projects, sources reported.The credit line will be mainly used to finance transportation, infrastructure...
Bank of China (BOC)<601988><3988>, the nation's second-largest lender, plans to grant at least RMB 500 billion (US$73 billion) in new loans in 2009, in a move to further boost credit and bolster economic development, the Shanghai Daily reported.The bank's chairman Xiao Gang said "the company needed to...