Recent photo of Liu Lian'ge [Photo courtesy of the Bank of China]

The Bank of China is the only bank in China that has been operating continuously for 100 years and is the most globalized and diversif ied bank in China. The Bank of China has been moving toward globalization for a century, pioneering the globalization of the national financial industry and forging a shining golden signboard. The bank is an important witness, promoter and participant in China's globalization.

1. Integrate blending China and the world over the past century

Over the past century, the Bank of China has been forging ahead through thick and thin, achieving considerable development. It has always shared the same fate with the country and given full support to China's economic and social development at different times, becoming an important bridge between China and the world.

Go global and lay the foundation for internationalization

The Bank of China aimed at becoming international from the very beginning of its business. In 1912, the Bank of China was established, and in 1915, it started to operate foreign exchange business on a trial basis, and in 1928, it was reorganized as an "international exchange bank chartered by the government," becoming one of China's few financial institutions that could compete with foreign banks at that time. In 1929, the London Branch of the Bank of China was established, setting a precedent for Chinese financial institutions to set up branches in the world's financial centers; after that, the Bank of China set up the Osaka Branch, Singapore Branch, New York Branch and other overseas branches one after another, and established correspondent bank relationships with hundreds of banks around the world, making it an important force in the international financial world. During the Chinese People's War of Resistance against Japanese Aggression, the Bank of China opened up international channels, supported foreign trade and actively strived for overseas Chinese remittances, handling a total of $230 million in these remittances from 1939 to 1945, becoming the backbone of the financial force supporting the war.