Bank of China (Hong Kong) ('BOCHK') is named the 'Best Bank for CSR in Hong Kong' in Asiamoney's 'Best Bank Awards 2022'. BOCHK is highly recognised by the market with its strong commitment in fulfilling corporate social responsibility ('CSR'), through launching an array of anti-pandemic financial support initiatives, promoting philanthropy, as well as implementing financial innovation and financial inclusion.
Asiamoney said, 'BOCHK has strengthened its commitment to CSR over the years. In 2021, BOCHK continued to help SMEs reduce their operating costs amid the pandemic. To encounter the fifth wave of Covid-19 pandemic, the Bank earmarked HK$50 billion in credit support for local SMEs and offered them fee reductions. The Bank launched ERP cloud service to provide a one-stop book-keeping and financial management platform, which benefitted nearly 5,000 SMEs in the city. BOCHK showed concern for the grassroots and donated HK$26 million for delivering anti-pandemic care packs, maintaining hot-meal services and offering daily necessities to the elderly and the underprivileged. It also worked with the Community Chest of Hong Kong to provide tailor-made care packages for cleaners. Their E-donate platform helps reduce administration costs for charitable groups, and at the same time allow the public to do their bit for society in an easier way. In addition, the Bank encourages the employees to serve their community and give back to society. By the end of 2021, there were over 8,000 members for the volunteer team, recording more than 17,000 hours of volunteer service during the year.' As a leading commercial and internationalised regional bank with deep roots in Hong Kong for over a century, BOCHK upholds its mission of 'Bridge China and the World for the Common Good' and actively undertakes CSR. The Bank supports community development and the underprivileged through various means, and shares its achievements with society so as to facilitate social harmony and cohesion. In addition, with the most extensive banking network in Hong Kong, BOCHK provides convenient banking and financial services to people from various sectors of society as well as supporting the development of SMEs in order to create greater value for its stakeholders and the communities, and to contribute to the long-term development and prosperity of Hong Kong.
Asiamoney is a publication under the Euromoney Institutional Investor Group, which is a sister magazine of Euromoney. Asiamoney organises best bank awards in major countries and regions in Asia Pacific every year. The 'Best Bank for CSR in Hong Kong' award not only considers the key charitable and philanthropic initiatives of the banks during the Covid-19 pandemic, but also emphasises their support for start-ups and non-profit groups, financial inclusion initiatives, emergency relief programmes as well as volunteering projects.
End - Page 2 of 2 Bank of China (Hong Kong) Limited
Bank of China (Hong Kong) Limited ('BOCHK') is committed to pursuing its strategic goal to 'Build a First-class Regional Banking Group' and promoting sustainable and high-quality development.
Capitalising on its advantages as a major commercial banking group in Hong Kong, BOCHK continues to increase local market penetration, captures business opportunities in the Greater Bay Area and actively expands its business development in Southeast Asia. We strive to provide customers with comprehensive, professional and high-quality services. Entering a new era of smart banking, we endeavour to become a customer-centric digital bank by enhancing customer experience with innovative technology and offering intelligent products and services.
As one of the three note-issuing banks and the sole clearing bank for Renminbi ('RMB') business in Hong Kong, BOCHK has strong market positions in all major businesses. Our strong RMB franchise has made us the first choice for customers in RMB business. We have the most extensive branch network and diverse service platforms in Hong Kong, as well as efficient e-channels such as Internet and Mobile Banking services. We offer a comprehensive range of financial, investment and wealth management services to personal, corporate and institutional customers.
We are actively pushing forward our regional development and expanding our business in the Southeast Asian region. With our branches and subsidiaries in Thailand, Malaysia, Vietnam, the Philippines, Indonesia, Cambodia, Laos, Brunei and Myanmar, we support customers in the region with professional and high-quality financial services. Through close cooperation with our parent bank BOC, we provide a full range of high-quality cross-border services to multinationals, cross-border customers, mainland enterprises going global, central banks and super-sovereign organisations.
As a leading commercial and internationalised regional bank with deep roots in Hong Kong for over 100 years, BOCHK upholds its mission of 'Bridge China and the World for the Common Good'. We are committed to undertaking our corporate social responsibilities, promoting long-term and balanced sustainable development, and delivering greater value for our stakeholders and the community.
BOC Hong Kong (Holdings) Limited is one of the largest listed companies on the Main Board of the Stock Exchange of Hong Kong, with stock code '2388' and ADR OTC Symbol 'BHKLY'
BANK OF CHINA LIMITED 
