Bank of China Limited Qatar Financial Centre Branch (“Bank of China QFC Branch”, “the Bank” or “BOCQ”, QFC Number 00408) was established on 13 December 2017 (registered on August 7, 2017 with Qatar Financial Centre Authority). Bank of China QFC Branch is authorized by the Qatar Financial Centre Regulatory Authority for its offshore-onshore banking license, benefiting from the comparative advantages of policies such as zero foreign exchange charge and low tax rate.

Following closely the strategic goal of “building a first-class global banking group”, Bank of China QFC Branch will bring advantages of the Bank of China Limited (“the Group”) into full play in cross-border services, building bridge for financial cooperation. Bank of China QFC Branch provides various types of products such as deposits, loans, international settlement, trade finance, financial markets and other services to commercial enterprises and financial institutions. Bank of China QFC Branch will strengthen the cross-linkage of various business activities of Branches and subsidiaries within the Group, making full use of the comparative advantages of its license and the host country’s opportunities. The Bank will also strive to become the preferred bank for Chinese enterprises and the go-to Bank for providing RMB products and services in Qatar.

Established in 1912, Bank of China Limited enjoys the highest level of internationalization and diversity among Chinese banks. Bank of China Limited is the only Chinese-funded financial institution which has operated continuously over 100 years. It is also the only Chinese enterprise which has been listed in Fortune Top 500 for 28 consecutive years, and the only financial institution from the emerging markets selected as a Global Systemically Important Bank (G-SIB) for six years. Bank of China Limited ranks 4th in the 2023 Bankers’ Global 1000 Banks. At present, Bank of China Limited has built a global service network by establishing overseas institutions in 60 countries and regions, developing agency and cooperation relations with over 1,600 foreign banks in nearly 180 countries and regions.