1.Hong Kong Branch Introduction
Bank of China Limited Hong Kong Branch (the "Branch") is part of Bank of China Limited (the "Head Office"), a bank incorporated in People's Republic of China (the "PRC") with limited liability, and accordingly has no separate legal status or existence.
The Branch is a licensed bank registered under the Hong Kong Banking Ordinance. The functions of the branch include global investment, global funding, CNH trading center, investment banking and asset management as well as risk management and internal control & compliance. The main businesses include issuance of CD (Certificates of Deposit), USCP (US Commercial Paper) and MTN (Medium-term Notes) , money market loan and deposit, debt security investment management; CNH related trading; underwriting and sales of fixed-income products for clients; issuing and managing structured note products.
2.Financial Disclosure Information
According to (revised in 2018), the Interim/Annual Financial Disclosure Statement of Hong Kong Branch since 2015 and Quarterly Financial Disclosure Statement since the third quarter of 2018 are disclosed as follows:
3.Sustainability Bond
Bank of China Limited Hong Kong Branch plans to issue its March2023 Sustainability Bond in the offshore market. The use of proceeds, project evaluation and selection, management of proceeds, and reporting will follow the Sustainability Bond Guidelines 2021 and the China Green Bond Principles published by the China Green Bond Standards Committee for underlying Green Projects. All the net proceeds of its offshore Sustainability Bond issuance will be used to fund new green or social projects. Please refer to the attachments in relation to Bank of China Limited Hong Kong Branch’s 2023 Sustainability Bond.
Appendix：
4.Other Notification
According to HKMA "IC-1 Risk Management Framework", Ms. Ding Xuan is responsible for the overall risk management as the deputy general manager of Hong Kong Branch.
According to HKMA "IC-2 Internal Audit Function"，Hong Kong Branch should make public disclosure with relevant information, whenever the Head of internal audit function ("IAF") is appointed or ceases to act in this capacity. Due to internal arrangements, Ms. Wang Lingling, has been appointed to be the audit manager of Hong Kong Branch, and manager of audit (affair 7 as specified in Schedule 14 of the Banking Ordinance) under Section 72B of the Banking Ordinance, effective from 29 August 2019. Meanwhile, Mr. Yu Xue, the Head of Financial Market of Internal Audit Department of BOC Head Office, ceases to be the manager of audit under Section 72B of the Banking Ordinance, effective from 29 August 2019. Before the appointment, Ms. Wang Lingling was the head of Audit management and offsite team of Bank of China Limited, Ningbo Branch, with more than 9 years internal audit experiences.
5.Contact Information
- Tel.:（852）28101203
- Fax:（852）25377609
- E-mail: bc_hkb@mail.notes.bank-of-china.com
- Address: 7F Bank of China Tower, 1 Garden Road, Central, Hong Kong
