On 4th November 1929, Bank of China set up an office which was named "Bank of China London Agency" in London, which was not only the first branch of the Bank to be set up overseas, but was also the first overseas financial institution formed by any Chinese bank. In this case, the founding of the London branch was truly an historical landmark.
The Bank of China in London has continued to expand steadily over the years, earning a good reputation and becoming an important member of the City's banking community. In October, 2007, when it happened to be the 78th anniversary of London Branch, the Financial Services Authority approved Bank of China to establish a UK subsidiary - Bank of China (UK) Limited. Its establishment has been significant to the development of Bank of China Group in both Britain and Europe. Since then, UK subsidiary has run alongside London Branch, striving for excellence, and technological advancement, while continuing to maintain a competitive edge and to promote the Bank's image and reputation in the UK. With efforts from both sides, the Sino- British cooperation in trade, investment, technology and other fields has made great achievements, areas of cooperation has expended, partnership is fully upgraded. Since this year, according to Head Office’s strategy, London Branch has been deepening business transformation and strengthening business innovation, and actively serving the local economy and society. Profitability and service levels are improved continually. London Branch has received full support and recognition from people from all walks of life.
In order to meet the needs of overseas business, on 16th September 2010, Bank of China London Branch and UK subsidiary have moved into newly purchased and refurbished office building – 1 Lothbury, near to the Bank of England. Bank of China London Branch will further take root and provide service in UK, continuously being the bridges of economy and trade, friendship, and cooperation from UK and China.
According to regulatory information, Bank of China (UK) Limited is located on 1 Louthbury London ec2r 7dbKingdom. The inspection team of WikiFX paid a site visit to the office.
The inspection team came to 1 Louthbury and found a magnificent office building.
The inspection team came to another side of the office building and found the logo of Bank of China and the Five-Starred Red Flag. There are about 50 employees in the office.
The inspection team of WikiFX confirmed the existence of the office of Bank of China (UK) Limited after the site visit. Its office is large and it holds an MM license issued by FCA. The investors can trust the company.
15-20 years | United KingdomRegulation | Forex License(MM) | No MT…
Bank of China (UK) Limited
BANK OF CHINA
0800 38 95566
Please ignore this e-mail if you have not registered for WikiFX membership; Of course, you are cordially invited to become WikiFX member.
Given the complexity of forex industry, some brokers are issued legal licenses by regulation institutes by cheating. If the data published by WikiFX are not in accordance with the fact, please use Complaints and Correction function to inform us. We will check immediately and publish the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Notice: Information provided by WikiFX is only for reference and does not indicate any investment advice. Investors should choose brokers by themselves. The risk involved with brokers is not relevant with WikiFX. Investors shall bear the relevant consequences and responsibilities on his own.
China Hong Kongwww.wikifx.hk