Bank of China (Hong Kong) has demonstrated a strong focus on advancing cross-border financial innovation in the Greater Bay Area.

At the beginning of 2024, Bank of China (Hong Kong) (BOCHK) rolled out several enhancements with Wealth Management Connect 2.0, including a 60% increase in available products, bringing the total to around 300 in the southbound connect. In addition, the bank also expanded the eligible product range in the northbound connect.

For its range of initiatives and substantial investment in supporting social and environmental issues in the special administrative region, Bank of China (Hong Kong) wins the award this year.

In a year marked by historic lending growth in China, state-owned banks have taken the lead, defying the traditional dominance of smaller banks in driving loan expansion. Among these state-owned giants, Bank of China (BoC) has emerged as a standout performer, securing its position as China’s best bank this year.

The digital dividend dominated the cash management market in 2020. Corporates responded well to those banks that digitalized the services they needed to stay afloat in the choppy waters of a global pandemic.

As the death toll rises, China’s big state lenders are being forced to shutter branches and Beijing has reacted by disbursing loans to afflicted companies – but the sector is also hit by slowing credit growth and a sharp rise in NPLs.

If China is to have a leader in banking on the global stage, it is likely to be the internationalist Bank of China.

DBS named world’s best bank in Euromoney Awards for Excellence 2019; JPMorgan is the world’s best investment bank; Erste’s Treichl recognized as banker of the year.

As part of Euromoney's 50th anniversary coverage, we profile some of the biggest names that we interviewed for our May Asia focus.

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China’s latest effort to curb shadow banking involves applying Basel standards on banks: they must disclose far more of their exposure to previously unidentified counterparties. It’s good for the industry, but what does it mean for individual mainland banks?

Internationalization is starting to pay dividends in performance

HSBC holds top place in both the global financial institutions and non-financial institutions results; global banks dominate but regional banks continue rise.

UBS Wealth Management voted best global private bank; new regional winners; private banks less bullish on revenues; non-bank competition a minor concern.

These are miserable times in Australian banking, which is suffering issues ranging from banking culture to credit quality as the commodity cycle ends. Commonwealth Bank has reputational issues around its CommInsure unit, while both ANZ and Westpac are under investigation for rate manipulation.

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Many banks now say cash management is the heart of their business, not just for the returns it can generate in its own right but also for the opportunity to pump other products and services through their networks. Euromoney’s survey reveals banks still have a lot of work to do to turn aspiration into reality

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CEO’s endorsement big boost to the City; renminbi bond issuance globally at record levels.

As competition between financial hubs heats up, London’s ambition to become the western destination of choice for offshore renminbi received a boost from crucial market players this week, following a flurry of successful renminbi-related developments in the City.

In an exclusive interview with Euromoney Zhu Min, group executive vice president at Bank of China, talks about lessons learned from the financial crisis, the limitations of Basle II, and reforming the bank’s risk management.

In an exclusive interview with Euromoney Zhu Min, group executive vice president at Bank of China, talks about lessons learned from the financial crisis, the limitations of Basle II, and reforming the bank’s risk management.