On February 13,it was learned from Bank of China (BOC) that in the results of 2006 Triple A awards lately released by magazine The Asset, BOC was granted with two out of the three awards evaluated this time, namely “Best Cash Management Bank (China)” and “Best Trade Finance Bank(China)”. It was the only bank in China that had won such honors, which demonstrated the strength and leading position of BOC in cash management and trade financing.
The Asset is a financial magazine in English based in Hong Kong. The candidates of Triple A awards cover all the commercial banks, investment banks and other financial institutions of the Asian regions. The Awards have high reputation and authority in Asia. In this event, the magazine focused on transaction banking, and selected excellent institutions in the respects of cash management, trade financing and custody. Owing to the strengths in R&D, rich service experiences and professional personnel qualification, BOC distinguished itself from other domestic banks and won two awards of “Best Cash Management Bank” and “Best Trade Finance Bank”, which was a high recognition of its leading position and excellent performance in years.
Since the joint-stock reform, BOC has always stuck to the customer-focused and market-oriented policy and attached greatest importance to innovation of products and improvement of service quality, so as to meet the requirements of market competition and demands of customers by continuously developing new products and technology in cash management, trade and custody.
The Triple A awards initiated by the Asset for transaction banking are renewed every year. BOC has been successively awarded as the “Best Domestic Bank in China” for three times.
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