BANK OF CHINA LIMITED, U.S. BRANCHES WON THE “BEST RMB BANK U.S.A.” AWARD FOR THE FIFTH CONSECUTIVE YEAR

News May 12, 2025

Recently, “The Asset”, a magazine based in Hong Kong, China, announced the results of the 2025 Triple A Awards, covering 48 countries and regions worldwide. Bank of China Limited, U.S. Branches (consisting of Bank of China’s branches located in the United States, specifically in New York, NY, Queens, NY, Chicago, IL, and Los Angeles, CA, hereinafter “BOCUSA”) won the title of “Best RMB Bank in the United States” award for the fifth consecutive year among fierce competition with large global banks. Meanwhile, through the joint efforts of Bank of China Head Office, Bank of China (Hong Kong) Limited, and other affiliated branches and subsidiaries, Bank of China was awarded the “Best RMB Bank” in 19 countries and regions, which demonstrates Bank of China’s leading position in RMB internationalization, and its market influence in the global RMB business.

Since the launch of its RMB Clearing Bank in January 2019, Bank of China Limited, New York Branch (hereafter “BOCNY”) has continuously improved its RMB product and service capabilities, and actively participated in various marketing activities in the local market, enhancing BOCNY’s overall profile as a leading Chinese financial institution in the U.S. Over the years, BOCNY has persistently promoted the development of RMB products, strived to cultivate the local market in the United States, and continuously promoted the sustainable development of RMB business in the United States. This decision by "The Asset" to once again grant BOCUSA the "Best RMB Bank in the United States" award is a strong testament to the high level of recognition that BOCNY has received from clients and market institutions for its RMB products and services.

Founded in 1999, “The Asset” is a highly influential English-language financial magazine in Asia. Each year, it identifies outstanding financial institutions across various areas through a combination of quantitative scoring and client interviews.