bank of china-unspn adr (BACHY) Key Developments
Bank of China Opens Regional Headquarters in Budapest
Dec 18 14
The Bank of China opened a regional headquarters in Budapest.
Bank of China Limited, Board Meeting, Dec 18, 2014
Dec 18 14
Bank of China Limited, Board Meeting, Dec 18, 2014. Agenda: To discuss and approve the proposal of the budget for fixed assets investment in 2015; to consider the proposal of the appointment of accounting firm and the expense for it in 2015; and to consider the scheme of granting authorization to directorate by shareholders meeting.
Manulife Indonesia Announces Strategic Partnership with Bank of China
Dec 11 14
PT Asuransi Jiwa Manulife Indonesia and Bank of China have announced new strategic partnership to launch Golden Protector and Manulife Investment Protector products. Bank of China will distribute a wide array of Manulife comprehensive life insurance products through its nine branches located in Indonesia's three major cities, Jakarta, Surabaya & Medan. To mark the start of the partnership, Bank of China will distribute two Manulife products; Golden Protector and Manulife Investment Protector, starting December 2014. Golden Protector is a retirement product designed to suit the varied needs of clients looking to generate a regular income stream until the age of 69 from their accumulated savings. Supplementary benefits can be added to enhance clients' protection for better peace of mind and a more secure future. Manulife Investment Protector is a single premium unit-linked product that offers maximum protection and optimal return on investment for customers. This product comes with unique advantages such as no medical examination for certain amount of sum assured, a wide range of investment funds, and the flexibility to add supplementary benefits.
Bank Of China Reportedly Buys Manhattan Office Tower
Dec 8 14
Bank of China Limited (SEHK:3988) has reached a deal to buy a Manhattan office tower for nearly $600 million, according to people familiar with the agreement. Bank of China on December 5, 2014 agreed to buy 7 Bryant Park, the people said.
Australian Stock Exchange Signs Deal with Bank of China to Boost Yuan Trading in Australia
Nov 19 14
The Australian Stock Exchange (ASX) has inked a deal with the Bank of China to promote yuan or renminbi trading in Australia's financial markets. The Bank of China has recently been appointed as Australia's official yuan clearing bank by the People's Bank of China, following signing a free trade deal between the two countries. Under the latest agreement, ASX and Bank of China will expand co-operation to offer boost to yuan trading in Australia, which will include developing yuan-denominated bonds and derivatives that can be quoted and traded on the ASX.