Bank of China Group - History - 1970-1980s

1970-1980s

The Bank of China began accumulating stakes in Chiyu Banking Corporation in the 1970s. In June 1975, the Bank of China moved to increase the capital of the public-private banks. As all of the new capital were from the Chinese government, private ownership in the public-private banks were substantially reduced to less than 1%.

The 14 banks were rebranded as part of the Bank of China Group in the 1980s, after a common IT platform was established. Treasury and foreign currency exchange operations were also centralised.

Bank of China
Divisions and
subsidiaries
Current
  • Bank of China (Canada)
  • Bank of China (Hong Kong)
  • Bank of China Insurance
  • BOC Aviation
  • BOC Hong Kong (Holdings)
  • BOC International
  • Chiyu Banking Corporation
  • Nanyang Commercial Bank
Defunct and
former
  • Bank of China Group
  • The China & South Sea Bank
  • China State Bank
  • Hua Chiao Commercial Bank
  • Kincheng Banking Corporation
  • Kwangtung Provincial Bank
  • The National Commercial Bank
  • Po Sang Bank
  • Sin Hua Bank
  • Yien Yieh Commercial Bank
People
  • Pei-yuan Chia
  • Liu Jinbao
  • T. V. Soong
  • Xiao Gang
Places and
buildings
  • Bank of China Building (Hong Kong)
  • Bank of China Building (Macau)
  • Bank of China Building (Shanghai)
  • Bank of China Building (Singapore)
  • Bank of China Centre (Hong Kong)
  • Bank of China Mansion (Qingdao)
  • Bank of China Tower (Hong Kong)
  • Bank of China Tower (Shanghai)
  • Island Harbourview (Hong Kong)
  • Park Avenue (Hong Kong)
Other
  • JETCO
  • Category
  • Commons

Read more about this topic:  Bank Of China Group, History