Edition:
India

Bank of China Ltd (3988.HK)

3988.HK on Hong Kong Stock

4.17HKD
20 Apr 2018
Change (% chg)

HK$-0.05 (-1.18%)
Prev Close
HK$4.22
Open
HK$4.22
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HK$4.26
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HK$4.15
Volume
273,429,020
Avg. Vol
457,322,464
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HK$4.96
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HK$3.57

Latest Key Developments (Source: Significant Developments)

Bank Of China Applies To Stock Exchange To List Eur700 Mln Floating Rate Notes Due 2021
Wednesday, 18 Apr 2018 

April 18 (Reuters) - 3988.HK <3988.HK>::APPLICATION MADE TO STOCK EXCHANGE FOR LISTING EUR700 MILLION FLOATING RATE NOTES DUE 2021 UNDER U.S.$40 BILLION MEDIUM TERM NOTE PROGRAMME.  Full Article

Bank Of China Vice President Zhang Expect Net Interest Margin To Stabilise And Improve In 2018
Thursday, 29 Mar 2018 

March 29 (Reuters) - Bank Of China Ltd <601988.SS><3988.HK> executives said during a press conference on Thursday::BANK OF CHINA CHIEF RISK OFFICER PAN YUEHAN: TO SPEED UP DISPOSAL OF NON-PERFORMING LOANS.BANK OF CHINA CRO PAN: EXPECT CREDIT ASSET QUALITY TO IMPROVE IN 2018.BANK OF CHINA VICE PRESIDENT ZHANG QINGSONG: COST OF DEPOSITS LIKELY TO INCREASE AMID INCREASING COMPETITION.BANK OF CHINA VICE PRESIDENT ZHANG: EXPECT NET INTEREST MARGIN TO STABILISE AND IMPROVE IN 2018.  Full Article

Bank Of China Posts 2017 Financial Results
Thursday, 29 Mar 2018 

March 29 (Reuters) - Bank Of China Ltd <601988.SS><3988.HK>::SAYS NET INTEREST MARGIN AT 1.84 PERCENT AT END-2017.SAYS 2017 NET PROFIT 172.41 BILLION YUAN ($27.41 billion).SAYS NPL RATIO AT 1.45 PERCENT AT END-2017.SAYS COMMON EQUITY TIER 1 CAPITAL ADEQUACY RATIO AT 11.15 PERCENT AT END-2017.  Full Article

Bank Of China Approves To Pay Dividends For Preference Shares For 1.54 Billion Yuan
Friday, 19 Jan 2018 

Jan 19 (Reuters) - Bank of China Ltd <601988.SS><3988.HK>::SAYS BOARD APPROVES TO PAY DIVIDENDS FOR PREFERENCE SHARES FOR 1.54 BILLION YUAN ($240.72 million).  Full Article

BOC Hong Kong enters agreement with Bank of China
Monday, 6 Nov 2017 

Nov 6 (Reuters) - BOC Hong Kong Holdings Ltd <2388.HK>::‍Entered agreement with Bank of China regarding transfer of Vietnam and Philippines business ​.Consideration for proposed transfer of Philippines business is 4.4026 billion​ pesos.‍Consideration for proposed transfer of Vietnam business is USD152 million​.  Full Article

Bank of China updates on ‍potential restructuring in ASEAN region​
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Bank of China Ltd <3988.HK>-:Potential restructuring in asean region​.As transferor entered agreement regarding transfer of banking businesses operated by bank in Vietnam.As transferor, enters agreement for banking businesses operated by bank in Philippines through Bank Of China, Manila Branch​.  Full Article

Bank Of China announces completion of issuance of tier-2 capital bonds
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Bank Of China Ltd <601988.SS> ::Says it issued tier-2 capital bonds in an aggregate amount of 30 billion yuan in domestic interbank bond market on Oct. 31 .The issuance of the Bonds was completed on Nov. 2.Bonds are all fixed rate bonds with a term of 10 years and coupon rate of 4.45 percent .  Full Article

Bank of China posts financial results for Q3, Jan-Sept
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Bank of China Ltd <3988.HK><601988.SS>:Says Q3 net interest margin at 1.85 percent versus 1.84 percent at end-June.Says Q3 NPL ratio at 1.41 percent versus 1.38 percent at end-June.Says Q3 net profit 41.82 billion yuan ($6.29 billion).Says 9-month net profit 145.51 billion yuan.Says Q3 common equity tier 1 capital adequacy ratio at 11.15 percent versus 11.37 percent at end-December.  Full Article

Bank Of China says CBRC approved qualifications of recently elected executive directors
Monday, 12 Dec 2016 

Bank Of China Ltd <3988.HK> : announcement refers to election of Ren Deqi and Gao Yingxin as executive directors of the bank .China Banking Regulatory Commission has approved the qualifications of Ren Deqi And Gao Yingxin.  Full Article

Bank of China says Jackson Tai resigned as independent non-executive director<3988.HK><601988.SS>
Thursday, 1 Sep 2016 

Bank of China Ltd <601988.SS>: Boc 2014 pref-...more announcement - resignation of independent non-executive director of the bank <3988.HK> . Received the resignation letter from Jackson Tai resigned as independent non-executive director . Says Jackson Tai's resignation shall become effective as of 1 September 2016 .  Full Article

BRIEF-Bank Of China to pay cash dividend of 0.176 yuan per share (before tax) for 2017

* Says it plans to pay cash dividend of 0.176 yuan per share (before tax) to shareholders for 2017