The Bank of China, founded in 1912, is the oldest bank in China. The first overseas branch of the Bank of China was opened in the United Kingdom in 1929, located in London, England. The branch managed the government's foreign debt, acted as an intermediary for China's international trade with the UK, and became a center for the bank's management of its foreign exchange. In 1942 the Bank of China continued to expand and made sure the United Kingdom was part of this continuous expansion, opening another branch in Liverpool. In 1950 the London branch was one of the branches to join the Bank headquartered in Beijing, while others chose to remain in Taipei, which cause a split into two separate banks. In 2005, the Royal Bank of Scotland joined forces with the Bank of China when they announced a $3.1 billion investment which would give the British bank control of just under 10 percent stake in the Bank of China.
Other Banks in United Kingdom:
This bank was last updated: 08 Sep, 2010
Bank
Street/Postal Address:
90 Cannon Street,
London Ec4n 6ha
Contact Details:
Phone: (4420) 72828888
Fax: (4420) 79293674
Branch Codes:
SWIFT: BKCHGB2U
Bank
Street/Postal Address:
90 Cannon Street,
London Ec4n 6ha
Contact Details:
Phone: (4420) 70228888
Fax: (4420) 70228877
London
Street/Postal Address:
107 Shaftesbury Ave.,
London W1d 5da
Contact Details:
Phone: (4420) 74375975
Fax: (4420) 77341704
London
Street/Postal Address:
90 Cannon Street,
London Ec4n 6ha
Contact Details:
Phone: (4420) 72828888
Fax: (4420) 76263892
Branch Codes:
SWIFT: BKCHGB2L