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Bank Of China Limited (Panama)

Main Activities: Commercial Banking | Investment Banking and Securities Dealing
Full name: Bank Of China Limited Profile Updated: December 18, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Bank of China Limited, located in Panama City, is a Chinese financial institution that established a representative office in Panama in 1987 and became a Panama branch in 1994. It is the only Chinese financial institution in Central America and the Caribbean with a full-function license. The main business of Bank of China Panama Branch includes corporate finance, personal finance, financial institutions, financial markets, trade settlement, and financing. Over the past thirty years, the branch has experienced significant growth in customers, business varieties, business scale, profitability, and risk prevention capabilities. As of the end of 2017, the branch had assets of US$2.64 billion, deposits of US$3.35 billion, and loans of US$2.15 billion. In the rankings announced by the Panama Supervisory Authority of Banks, the branch ranked 14th in total assets and deposits, and 13th in loans and net profit among 74 banks in Panama. It is comparable to the mainstream banks in Panama.

Headquarters
PH Oceania Business Plaza Torre 2000 Piso 36
Panama City; Panama City; Postal Code: 0823-01030

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Website: http://www.bankofchina.com/pa/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
July 18, 1994
Key Executives
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President
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Vice President
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Director
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Director
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Director
Company Performance
Financial values in the chart are available after Bank Of China Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net interest income
27.1%
Net fee and commission income
-20.68%
Operating profit (EBIT)
60.31%
Net Profit (Loss) for the Period
-45.11%
Total assets
40.34%
Deposits from customers
141.94%
Total equity
23.98%
Total Assets Trend
14.59%
Net Interest Income Trend
N/A
Cost to Income Ratio
-10.9%
Loans to Deposits Ratio
-13.43%
Loans to Asset Ratio
-11.41%

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