Chinese-funded banks, registered in Hongkong, China, with more than 50% Chinese shares or wholly-owned banks.

Basic information

Chinese name Bank of China

report

From June 5438 to February 2020, Internet Finance Research Institute of Zhejiang University (AIF of Zhejiang University), International Joint Business School of Zhejiang University (ZIBS of Zhejiang University) and China Management Research Center of Cargill Business School of Cambridge University (CCCM of Cambridge) jointly released the Report on Internationalization of Banking in China in 2020.

The report shows that in 2020, Bank of China, Industrial and Commercial Bank of China, Bank of Communications, China Construction Bank, Agricultural Bank, China CITIC Bank, Minsheng Bank, Shanghai Pudong Development Bank, China Everbright Bank and China Merchants Bank will occupy the top 10 of BII Chinese banks. The international resource aggregation effect of Chinese banks is obvious. The top 10 banks are large commercial banks and joint-stock commercial banks, accounting for 98% of the overseas assets and revenue of more than 40 sample banks. Among them, the average BII of Bank of China and Industrial and Commercial Bank of China reached 22.74, which was more than four times the average BII(5.20) of the 3rd 3- 10/0 bank, and its internationalization performance was more prominent. The overseas assets and revenue of the two banks also reached 20%, which was much higher than the average proportion of the top 10 banks (8% and 7%). The cards issued by these banks are all China bank cards.