Bank of Beijing

Bank of Beijing
Company typePublic
SSE: 601169(ordinary)
SSE: 360018(preference 1)
SSE: 360023(preference 2)
SSE 50 Component
ISINCNE100000734
IndustryFinancial services
Founded29 January 1996 (1996-01-29)
Headquarters
Beijing
,
China
Number of locations
561 branches and representative offices (end 2017)
Area served
  • mainland China
  • Hong Kong S.A.R., China (representative office)
  • Amsterdam, the Netherlands (representative office)
Key people
Zhang Dongning(chairman)
Yang Shujian(governor)
Zeng Ying(chief supervisor)
Services
  • retail banking
  • corporate banking
  • bancassurance (life insurance only)
RevenueIncrease CN¥0050 billion (2017)
Increase CN¥0023 billion (2017)
Increase CN¥0019 billion (2017)
Total assetsIncrease CN¥2.329 trillion (end 2017)
Total equityIncrease CN¥0175 billion (end 2017)
Owner
Beijing municipal government(17.22%)
ING Bank(13.03%)
Macro-Link Holding(08.57%)
general public and other shareholders(61.18%)
Chinese name
Simplified Chinese北京银行股份有限公司
Traditional Chinese北京銀行股份有限公司
Literal meaningBeijing Bank, Company Limited by Shares
Transcriptions
Standard Mandarin
Hanyu PinyinBěi jīng yín háng gǔ fèn yǒu xiàn gōng sī
Chinese short name
Simplified Chinese北京银行
Traditional Chinese北京銀行
Transcriptions
Standard Mandarin
Hanyu PinyinBěi jīng yín háng
Capital ratioIncrease 8.92% (CET1 at end 2017)
RatingBB+ (Fitch, September 2017)[1][2]
Websitewww.bankofbeijing.com.cn
Footnotes / references
in consolidated financial statement[3]
Bank of Beijing in Hangzhou

Bank of Beijing Co., Ltd. (abb. BOB) is an urban commercial bank based in Beijing, China. According to the bank, most of the revenue came from Beijing,[3]: 16–17  despite that the banking group had more than half of the branches located outside the direct-controlled municipality (As of 31 December 2017, 302 out of 559 branches were located outside Beijing).[3]: 23–24  Beijing Municipal People's Government and the Netherlands-based multinational bank ING Bank were the major shareholders of the bank.

As of April 2018, the bank, as a listed company, is a constituent of SSE 180 Index,[4] as well as its sub-index, the blue chip SSE 50 Index.[5] It was also part of pan-China indexes such as FTSE China A50 Index[6] and CSI 100 Index.

  1. ^ "Fitch Affirms 6 Chinese Mid-Tier Banks; Outlook Stable". Reuters (Press release). Hong Kong, Shanghai: Fitch. 5 September 2017. Retrieved 7 May 2018.
  2. ^ "Safest 25 Banks In China 2017". Global Finance. 8 November 2017. Retrieved 7 May 2018.
  3. ^ a b c "2017 nián nián dù bào gào" 2017年年度报告 [2017 Annual Report] (PDF) (in Chinese (China)). Bank of Beijing. 27 April 2018. Retrieved 30 April 2018 – via Shanghai Stock Exchange website.
  4. ^ Cite error: The named reference SSE was invoked but never defined (see the help page).
  5. ^ "SSE 50 - Index Constituents List". Shanghai Stock Exchange. 27 April 2018. Archived from the original on 15 December 2018. Retrieved 30 April 2018.
  6. ^ "FTSE China A50 Index Factsheet". FTSE Group. 28 April 2018. Archived from the original on 30 April 2018. Retrieved 30 April 2018.