Bank of China Ltd operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bank of China Ltd with three other
companies in this sector in China:
Agricultural Bank Of China Limited
(2018
sales of 914.48 billion Chinese Renmimbi [US$129.12 billion]
of which 30%
was Corporate Banking),
China Construction Bank Corp
(999.55 billion Chinese Renmimbi [US$141.14 billion]
of which 26%
was Corporate Banking), and
Industrial and Commercial Bank of China Ltd
(1.12 trillion Chinese Renmimbi [US$157.62 billion]
of which 32%
was Corporate Banking).
Sales Analysis.
Bank of China Ltd reported sales of 842.77 billion Chinese Renmimbi (US$119.00 billion)
for the
year ending
December of 2018.
This
represents
an
increase of 8.8%
versus 2017, when the company's sales were 774.27 billion Chinese Renmimbi.
Sales of Personal Banking saw an increase
of
9.0% in 2018, from
159.20 billion Chinese Renmimbi to 173.53 billion Chinese Renmimbi.
Not all segments of Bank of China Ltd experienced an increase in sales in 2018:
sales of Insurance fell 22.5% to 20.61 billion Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Bank of China Ltd also experienced decreases in sales in
Investment Banking (down 2.1% to 4.91 billion Chinese Renmimbi)
.