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A Brief Introduction to Bank of China Limited Singapore Branch


 

Introduction

Established in 1936, Bank of China Singapore Branch holds the Qualifying Full Bank License (QFB) in Singapore. It has a network with over 20 financial touch points, including 13 sub-branches and 10 self-service banking outlets, and at the same time providing banking services at over 200 automated teller machines through the atm5 network island-wide..

Bank of China Singapore Branch, on behalf of the Head Office, manages and operates several regional business centres, including Commodity Business Unit (which consists of The Commodity Finance Unit, The Global Commodity REPO Centre and The Commodities Trading Desk), Forfaiting Unit, Card Unit, Private Banking Centre, Debt Capital Market Centre (Asia), Overseas Training Centre and Innovation Lab. Strategically located in Singapore, its operations extend beyond Southeast Asia to the global market.

Since its establishment, BOCSG has been committed to innovation and development. In 2016, BOCSG was the first Chinese enterprise to be conferred the "Business China Enterprise Award". In 2017, BOCSG became a council member of the Association of Banks in Singapore, and was elected as the Chairman of the Southeast Asia Regional Committee of the International Trade and Forfaiting Association. BOCSG actively supports RMB internationalisation and the development of Singapore's offshore RMB centre by providing comprehensive RMB services and global leading RMB products.

With the deepening collaboration between China and Singapore, BOCSG will persistently enable advancement through technology, drive development through innovation, deliver performance through transformation and enhance strength through reform, in an effort to build Bank of China into a world-class bank in the new era, bringing greater contributions to Sino-Singapore relations and "Belt and Road" initiative.

Core Business

Leveraging on the Group's extensive global network and local expertise, BOCSG provides clients with a full suite of banking services, including corporate banking, personal banking, financial market and investment banking. It has also established an integrated service platform, which consists of Corporate & Investment Banking Unit, Asset Management Unit, Commodity Business Unit, Syndicated Loan Unit, Aviation Financing Unit, Infrastructure Financing Unit, Transaction Banking Unit, Innovative Payment Unit, Foreign Exchange & Derivatives Unit and Wealth Management & Private Banking Unit.

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