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 1.19 trillion Chinese Renmimbi [US$182.00 billion]
),
Industrial and Commercial Bank of China Ltd
(1.26 trillion Chinese Renmimbi [US$193.22 billion]
), and
Agricultural Bank Of China Limited
(1.06 trillion Chinese Renmimbi [US$162.65 billion]
).
Sales Analysis.
Bank of China Ltd reported sales of 924.83 billion Chinese Renmimbi (US$141.82 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)
.