Mailing List

Subscribe for Updates and Action Alerts!

The aim of Knowmore.org is to raise awareness of corporate abuse, and to serve as a catalyst for direct action against corporate power.

Ethical Consumerism is an important movement toward corporate reform, through which individuals recognize their own role in systems of oppression, and take personal steps toward resistance and positive change.

However, the problem of unchecked corporate power is systemic and goes far beyond the scope of any single boycot or campaign.

Once you've seen enough of Knowmore's data and familiarized yourself with our Issues section, check out our Direct Action page to get involved!

Views

Bank of China

From Knowmore.org

(Redirected from Image:Bank of China-logo.png)

Jump to: navigation, search

Corporate Statistics

This company is not yet rated.

Bank of China

1 Fuxingmennei Ave. Beijing, China
100818

http://www.boc.cn/
Contact (Chinese)

Type:

Public SHA:601988

Bank of China Limited is engaged in the provision of a range of banking and related financial services, including commercial banking, investment banking and insurance business. The Company operates through six segments: corporate banking, personal banking, treasury operations, investment banking, insurance and other operations. As of December 31, 2008, the Company had 10,789 domestic and overseas branches, subsidiaries and outlets, including 9,983 branches, subsidiaries and outlets in the Chinese Mainland and 806 branches, subsidiaries and representative offices in Hong Kong, Macau and other countries and regions. [1]

1 Criticism
- 1.1 Business Ethics
2 Brands & Subsidiaries

[edit] Criticism

[edit] Business Ethics

Bank officials flee after US$120m go missing: "The Bank of China, the country's largest foreign exchange bank, confirmed yesterday that one of its sub-branches in Northeast China's Heilongjiang Province was involved in financial fraud... 290 million yuan (US$34.9 million) of shareholders' funds deposited with the branch was missing... Deposits by other companies, amounting to as much as 700 million yuan (US$84.3 million), also vanished."