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Bank of China Mortgage
- Floating Mortgage Rate
- $300,000 Minimum Loan
- Year 2 Rate: SIBOR + 0.75%
- Year 3 Rate: SIBOR + 0.75%
New Purchase Mortgage from Bank of China Floating Rate
- Review Text
- Detailed Description
- Lender Details
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The Bank of China was established in February 1912 following the approval of Dr. Sun Yat-sen. The Bank served consecutively as the country’s central bank, international exchange bank and specialised international trade bank.
In 1994, the Bank of China was transformed into a wholly state-owned commercial bank and in August 2004 the Bank of China Limited was incorporated. The Bank was listed on the Hong Kong Stock Exchange and Shanghai Stock Exchange in June and July 2006 respectively, becoming the first Chinese commercial bank to launch an A-Share and H-Share initial public offering and achieve a dual listing in both markets.
The Bank of China provides a large range of financial services to customers across Hong Kong, Macau, Taiwan, Greater China and 37 countries. The core business is associated to commercial banking, including corporate banking, personal banking and financial markets services.