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 :
China Construction Bank Corp
(2020
sales of 1.18 trillion Chinese Renmimbi [US$183.29 billion]
of which 28%
was Personal Banking),
Industrial and Commercial Bank of China Ltd
(1.25 trillion Chinese Renmimbi [US$193.92 billion]
of which 32%
was Corporate Banking), and
Agricultural Bank Of China Limited
(1.05 trillion Chinese Renmimbi [US$163.20 billion]
of which 26%
was Personal Banking).
Sales Analysis.
During the second
quarter of 2021, sales at Bank of China Ltd totalled
239.67 billion Chinese Renmimbi.
This is
an increase of 5.6%
from the 226.86 billion Chinese Renmimbi in sales at the company during the second quarter of 2020.
During the first two
quarters of 2021, sales totalled 486.07 billion Chinese Renmimbi, which is
2.8% higher
than through the first two quarters of 2020.
Bank of China Ltd reported sales of 924.83 billion Chinese Renmimbi (US$143.76 billion)
for the
year ending
December of 2020.
This
represents
a
decrease of 0.7%
versus 2019, when the company's sales were 931.43 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 24.2% decline
in Treasury Operations, from 89.56 billion Chinese Renmimbi to 67.89 billion Chinese Renmimbi.
There were also decreases in sales in
Corporate Banking (down 1.6% to 217.59 billion Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Personal Banking (up 18.7% to 221.63 billion Chinese Renmimbi)
and
Insurance (up 14.9% to 34.91 billion Chinese Renmimbi)
and
Others (up 13.4% to 23.13 billion Chinese Renmimbi)
and
Investment Banking (up 26.4% to 6.11 billion Chinese Renmimbi)
.