Bank of China

Company description

Bank of China is one of the big four state-owned commercial banks of the People's Republic of China.

It was founded in 1912 by the Republican government to replace the Government Bank of Imperial China. It is the oldest bank in China still in existence. 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.

Although it initially functioned as the Chinese central bank, in 1928 the Central Bank of China replaced it in that role. Subsequently, BOC became a purely commercial bank. Its headquarters are in Xicheng District, Beijing.

Company details

City:
Beijing
Address:
1 Fuxingmen nei dajie

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • October 30, 2023

    USD75 million loan approved for Rampura-Amulia-Demra Expressway project

    The Asian Infrastructure Investment Bank (AIIB) has approved a loan of US$75 million for the US$261 million Rampura-Amulia-Demra Expressway project in Bangladesh. The Project involves the design, con...

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  • September 08, 2023

    USD547 million Financing agreement signed for Independent Water Plant PPP Project in Saudi Arabia

    ACWA Power has secured financing and security agreements totaling SAR2.05 billion (US$547 million) for its Rawabi Water Desalination Company (Rabigh-4) Independent Water Plant (IWP) project in Sa...

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  • April 10, 2023

    Loan approved for Chancay port terminal project in Peru

    Cosco Shipping Ports Chancay Peru (CSP Chancay) has secured a US$975 million loan from Chinese banks for the construction and development of a port terminal in Peru. The lead arrangers for the 15-yea...

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  • August 11, 2022

    US69.4 million debt financing received for 1,500 MW CCGT gas-fired power plant PPP in the Syrdarya

    Multilateral Investment Guarantee Agency (MIGA) has issued a US$69.4 million debt guarantee for the development of a 1,500 MW combined cycle single fuel gas (CCGT) power plant loca...

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  • August 12, 2020

    First road PPP in Kazakhstan reaches financial close

    The first-of-a-kind road public-private partnership (PPP) - Big Almaty ring road PPP project (BAKAD) in Kazakhstan has reached financial close. The largest infrastructure project in Kaz...

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  • March 20, 2020

    Sacyr closes $520m financing on road PPP in Colombia

    Sacyr Concessions, via the Unión Vial Río Pamplonita concession, has secured the financing of the concession for the Pamplona-Cúcuta divided highway in Colombia for US$ 520 millio...

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  • July 19, 2019

    Financial Close for USD 561 million highway PPP in Colombia

    The Concessionaire Vial Union del Sur, led by Sacyr Concesiones, has closed the financing of the Rumichaca-Pasto highway PPP project for a total of 1.8 billion pesos (USD 561 million). The closure gua...

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  • March 21, 2018

    US$2.8 billion financing for bridge-highway project in Turkey

    Çanakkale Otoyol, the owner of the 1915 Çanakkale Bridge and Highway project, has announced that it has secured EUR2.3 billion (US$2.83 billion) financing from a consortia of 2...

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  • December 26, 2017

    Ferrovial achieves FC on A$1,800 M Western Roads Upgrade project

    The Netflow consortium, comprising Cintra and Plenary, has achieved financial close on the A$1,800 million (US$1,38 million) Western Roads Upgrade project, Vict...

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  • March 16, 2017

    Contract Awarded for Highway 427 Expansion Project

    Infrastructure Ontario (IO) and the Canadian Ministry of Transportation (MTO) have announced that LINK 427 has signed a fixed-priced contract to design, build, finance and maintain the Highway 427 exp...

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