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The Bank of China Building is a development consisting of two skyscrapers located in the central business district of Singapore. It is located on 4 Battery Road, adjacent to 6 Battery Road, Maybank Tower, [1] and roughly 100 metres from the Fullerton Hotel. [2] The Tower serves as the headquarters for the Bank of China. [3]
In 2001, Kwangtung Provincial Bank was closed and merged under Bank of China, Singapore Branch; one year later, Bank of China Futures Pte Ltd wound up operations in Singapore. In 2001-2007, the BOC undertook massive staff layoffs and paycuts in BOC Singapore Branch, a phase of turmoil that culminated in 2007 when branch head Zhu Hua was asked ...
BOC International Holdings Limited, shortly BOCI, is the wholly owned subsidiary of Bank of China, which offers investment banking and securities brokerage services. It was established in 1998 and headquartered in Hong Kong. It has subsidiaries in New York, London, Singapore, Beijing, Shanghai, Guangzhou and Chongqing. [1] [2] [3]
The remaining ownership then of SALE was unchanged, with Singapore Airlines holding 35.5%, while GIC and Temasek Holdings each retaining 14.5%. [3] In 2006, SALE was the largest aircraft leasing company in Asia. [4] In December, the company was acquired by Bank of China for US$965 million [5] [6] [7] and was named BOC Aviation on 2 July 2007 ...
The tower is located adjacent to the Bank of China Building [5] and faces the Singapore River. It is a class-A office building and houses the offices of several multi-national companies. [ citation needed ] The development had a net floor area of 46,060 m 2 (495,800 sq ft), as of 30 June 2007, [ 6 ] and has direct access to Raffles Place MRT ...
The Bank of Singapore serves high net worth individuals and wealthy families in its key markets of Southeast Asia, Greater China, India Sub-Continent and other international markets. [5] Headquartered in Singapore, the Bank of Singapore has branches in Hong Kong and Dubai, with a representative office in Makati City, Philippines.
Commercial banks in Singapore may undertake universal banking, such as the taking of deposits and the provision of cheque services and lending, as well any other business authorised by the Monetary Authority of Singapore, including financial advisory services, insurance brokering and capital market services, as long as they are permitted under section 30 of the Banking Act.
In December 2006, DBS Bank received approval from the China Banking Regulatory Commission (CBRC) to prepare for local incorporation in Mainland China. DBS is the only Singapore bank among nine foreign banks to receive this approval. In 2010, it also became the first Singapore bank to issue UnionPay debit cards in mainland China.