Bank of China Retains Best RMB Bank in Canada

The Asset, a renowned international financial magazine, has unveiled the results of its annual "Triple A Treasurise Awards." Leveraging its outstanding renminbi business capabilities, profound market heritage and sustained service innovation, Bank of China has once again been named "Best Renminbi Bank in Canada." Since its first participation in the awards in 2024, BOC has claimed this prestigious honor for three consecutive years, a full recognition by an authoritative international body of its leading position in Canada's RMB market.

Three decades of local roots with strong RMB clearing prowess

As one of the earliest Chinese-funded commercial banks to enter the Canadian market, Bank of China (Canada) has operated in the country for over 30 years, with eight branches across Toronto, Vancouver, Calgary and Montreal. Backed by BOC's global RMB clearing network, it delivers efficient and secure cross-border clearing services to the local market.

Market-leading product innovation with industry milestones

Bank of China (Canada) has consistently enriched its full-spectrum RMB product portfolio, covering deposits, remittances, trade finance, financial markets and cross-border issuance services. It secured multiple breakthroughs in Canada's RMB business in 2025.

Foreign currency exchange transaction breakthrough 

In June 2025, BOC assisted a client in completing the largest offshore RMB (CNH) spot transaction in North America for the year, with funds settled on a T+0 same-day basis via the Cross-border Interbank Payment System (CIPS).

Pioneer in Panda Bonds 

With long-standing dedication to the Canadian market, BOC has supported multiple issuers in completing the registration and issuance of Panda Bonds, setting a number of landmark records for North American commercial banks in China's bond market.

Winning the title of Best Renminbi Bank in Canada" for three straight years stands as a testament to BOC's self-improvement and cultivation of the local Canadian market. Going forward, BOC will continue to act as a core channel for RMB businesses, provide professional, high-quality, and comprehensive financial services to global clients, and boost China-Canada financial cooperation.

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