From 19 12 to 1949, China Bank has successively exercised the functions of central bank, international exchange bank and professional international trade bank, and occupied a place in the international financial community.

After 1949, China Bank has long been a national specialized foreign exchange and foreign trade bank, managing the national foreign exchange in a unified way, carrying out international trade settlement, remittance and other non-trade foreign exchange businesses, and vigorously supporting foreign trade development and economic construction.

Extended data

1912 65438+10 At the beginning of October, the Commercial Stock Association of Daqing Bank formally wrote to Sun Yat-sen, suggesting that "the original Daqing Bank should be changed to China Bank and reorganized into the central bank of the government.

1979 March 13 the State Council approved the "Request for Instructions on Banking System Reform in China" of the People's Bank of China and decided to expand the authority of the Bank of China; The establishment of the State Administration of Foreign Exchange, authorized to manage foreign exchange; China Bank was separated from China People's Bank and directly led by the State Council.

1994 and 1995, the Bank of China became a note-issuing bank in Hongkong and Macau.

On August 26th, 2004, Bank of China Limited was established. With the approval of the State Council, Central Huijin Investment Co., Ltd. holds 65,438+000% equity on behalf of the state and exercises the rights and obligations of investors according to law.

Bank of China-Bank of China