BOCHK lowers rate for mortgages

BOCHK lowers rate for mortgages

Bank of China (Hong Kong), the city's biggest mortgage lender, has cut mortgage rates for some clients in an attempt to arrest the plunge in loan volume. Its lowest rate is the Hong Kong interbank offered rate plus 1.9 percentage points.

Wednesday, 29 May, 2013, 2:51am

Banks branch out into modern world of branding in retail spaces

U-shaped seats allow you to sit beside your banker. Photo: One Space

Try to picture all the Bank of China (Hong Kong) branches in a 10-block radius from where you are sitting. Having trouble? That was the problem Greg Pearce and James Oliver of One Space encountered when they were hired to redesign a BOCHK branch two years ago.

22 May 2013 - 3:51am

BOCHK set to offer transactions via mobile

BOCHK set to offer transactions via mobile

Bank of China (Hong Kong), one of the biggest credit card issuers in the city, says it will launch a near-field communication (NFC) mobile payment system in the second half of this year.

18 Apr 2013 - 5:33am

Concerns grow over BOCHK as earnings soar

Chief executive He Guangbei says BOCHK will take measures to improve its yuan-clearing services when necessary. Photo: Nora Tam

Earnings at Bank of China (Hong Kong) hit a record last year, but analysts are concerned about margin pressure and weaker revenue growth.

27 Mar 2013 - 4:32am

No extra interest for retail yuan deposits

No extra interest for retail yuan deposits

Bank customers with yuan deposits in Hong Kong will not be getting higher interest on those deposits although Bank of China (Hong Kong) has raised the interest rate it offers on yuan that those banks hold with it.

2 Mar 2013 - 5:25am

BOCHK's mainland plan draws scepticism

Bank harnesses Nanyang Commercial to carry out yuan retail banking business

Bank of China (Hong Kong), whose Nanyang Commercial Bank subsidiary has applied to be incorporated in the mainland, might be adopting a China expansion plan that was less effective than it expected, analysts said.

27 Jan 2007 - 12:00am

BOCHK to tap its unique family ties

BOC Hong Kong (Holdings) aims to capitalise on its 'unique position' by increasing earnings from its mainland business to 10 per cent of the group's total profit in the next three to five years, according to vice-chairman and chief executive He Guangbei.

19 Aug 2005 - 12:00am

Action on bad loans produces mixed results

BOC Hong Kong (holdings)

The drive by BOC Hong Kong (Holdings) to clean up its loan book continues to produce mixed results after a core earnings drop last year met most analysts' expectations.

9 May 2005 - 12:00am

BOCHK short sellers may return as holes appear in capital plans

Traders speculating on a fall in the share price of Bank of China (Hong Kong) appear to have taken their bets off the table - for the moment at least - after weeks of sustained short-selling of the stock.

15 Jul 2004 - 12:00am