Bank of China released its 2024 interim report in September 2024. The report shows that the total assets reached 33,907.267 billion RMB, with total liabilities of 31,128.291 billion RMB. The revenue was 317.929 billion RMB, and the net profit reached 126.536 billion RMB. The capital adequacy ratio was 18.91%. In terms of governance and risk management, Bank of China reviewed the financial reports prepared in accordance with both Chinese accounting standards and International Financial Reporting Standards. In 2023, it distributed cash dividends to common shareholders without transferring the capital reserve funds to share capital. It proposed to distribute common stock dividends for the 2024 interim period, subject to shareholder approval. During the reporting period, there was no significant non-operating fund occupation by controlling shareholders or related parties. The...Show More

Bank of China released its 2024 interim report in September 2024. The report shows that the total assets reached 33,907.267 billion RMB, with total liabilities of 31,128.291 billion RMB. The revenue was 317.929 billion RMB, and the net profit reached 126.536 billion RMB. The capital adequacy ratio was 18.91%. In terms of governance and risk management, Bank of China reviewed the financial reports prepared in accordance with both Chinese accounting standards and International Financial Reporting Standards. In 2023, it distributed cash dividends to common shareholders without transferring the capital reserve funds to share capital. It proposed to distribute common stock dividends for the 2024 interim period, subject to shareholder approval. During the reporting period, there was no significant non-operating fund occupation by controlling shareholders or related parties. The bank faced operational risks related to the macroeconomic situation, political and economic changes in various countries and regions, and business management. With regards to shareholders and stock information, the number of common stock shareholders was 588,043, including A-share and H-share holders. Among the top ten common stock shareholders, Central Huijin Investment Ltd. was the largest shareholder. The bank did not redeem any preferred shares during the reporting period, and the preferred shares have a non-cumulative dividend payment method. The bank's governance and risk management practices comply with legal and regulatory requirements, and it continues to strengthen its commitment to environmental responsibility, social welfare, and corporate governance (ESG).