Bank of China Ltd operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bank of China Ltd with three other
companies in this sector in China:
Industrial and Commercial Bank of China Ltd
(2018
sales of 1.12 trillion Chinese Renmimbi [US$166.24 billion]
),
China Construction Bank Corp
(973.50 billion Chinese Renmimbi [US$145.04 billion]
), and
Agricultural Bank Of China Limited
(922.91 billion Chinese Renmimbi [US$137.50 billion]
).
Sales Analysis.
Bank of China Ltd reported sales of 842.77 billion Chinese Renmimbi (US$125.56 billion)
for the
year ending
December of 2018.
This
represents
an
increase of 8.8%
versus 2017, when the company's sales were 774.27 billion Chinese Renmimbi.
Sales of Personal Banking saw an increase
of
9.0% in 2018, from
159.20 billion Chinese Renmimbi to 173.53 billion Chinese Renmimbi.
Not all segments of Bank of China Ltd experienced an increase in sales in 2018:
sales of Insurance fell 22.5% to 20.61 billion Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Bank of China Ltd also experienced decreases in sales in
Investment Banking (down 2.1% to 4.91 billion Chinese Renmimbi)
.