Definitions for bank of china
bank of chi·na

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1. Bank of China

   The Bank of China (BOC; Chinese: 中国银行; pinyin: Zhōngguó Yínháng) is a Chinese majority state-owned commercial bank headquartered in Beijing and the fourth largest bank in the world. The Bank of China was founded in 1912 by the Republican government as China's central bank, replacing the Qing Dynasty's Ta-Ching Government Bank. It has been the second oldest bank in China still in existence after the Bank of Communications, founded in 1908. From its establishment until 1942, it issued banknotes on behalf of the Government along with the "Big Four" banks of the period: the Farmers Bank of China, Bank of Communications and Central Bank of the Republic of China. After the People's Republic was established in 1949, it has become a national commercial and foreign exchange professional bank. Its original central bank designation was carried on by the newly formed People's Bank of China.As of 31 December 2019, it was the second-largest lender in China overall and ninth-largest bank in the world by market capitalization value, and it is considered a systemically important bank by the Financial Stability Board. As of the end of 2020, it was the fourth-largest bank in the world in terms of total assets, ranked after the other three Chinese banks.The Bank of China is legally separate from its subsidiary the Bank of China (Hong Kong), although they maintain close relations in management and administration and co-operate in several areas including reselling BOC's insurance and securities services.

How to pronounce bank of china?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say bank of china in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of bank of china in Chaldean Numerology is: 4

2. Pythagorean Numerology

   The numerical value of bank of china in Pythagorean Numerology is: 3

Examples of bank of china in a Sentence

1. Cristian Maggio:

   The Chinese rate cut on Friday hasn't produced a very positive effect on emerging markets, the People's Bank of China mentioned a few things that unsettled markets, so the market is focusing again on the possible downside risks to Chinese growth.

2. Philip Shaw:

   The data probably increases the case for more stimulus in certain parts of the world, especially from the People's Bank of China and the European Central Bank, those economies that are at less advanced paths of the recovery cycle -- the key example is the euro zone, where we're looking at more disinflation -- may well find more stimulus is in order.

3. Markus Huber:

   Growing speculations that the PBoC (People's Bank of China) might be taking additional measures soon to boost growth is fuelling the positive sentiment this morning, overall sentiment is positive as markets are closing in towards the highs of the current trading range.

4. Steve Donzé:

   We had expected the PBOC (People's Bank of China) to ease more last year, but China is slowing more rapidly than elsewhere in the world, the direction of travel is now very clear.

5. Mohamed El-Erian:

   We are going to see the Federal Reserve continue to try to very carefully ease its foot off the accelerator while the other three systemically important central banks - the ECB (European Central Bank), BOJ, PBOC (People's Bank of China) - are going to be pressing harder on the stimulus accelerator.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Bank_of_China