From Taighde
Bank of China is one of the big four state-owned commercial banks of the People's Republic of China. Founded in 1912 to replace the Ta Ching Government Bank, it is the oldest bank in China. It is the second largest lender in China overall, and the 8th largest bank in the world by market capitalization value.
Central Huijin, a subsidiary of the China Investment Corporation, is the largest investor in the Bank of China with a 67.53% stake. In January 2009 the China Investment Corporation bought more of the bank's shares as part of a broader domestic investment plan.[1]
Temasek Holdings holds 2.2% stake in the bank. It owned 10% of the bank at one point. It first purchased shares in BoC's IPO in 2005. It paid $3.1 billion for the stake and is held by Asia Financial Holdings. Temasek lockdown period ended in December 2008 and Temasek is free to sell its stake. Temasek sold off $2.4 billion of shares in July 2011 to decreased their stake to 2.2%. [2]
Dubai International Capital also own a stake in the bank.
The Government Pension Fund of Norway held a 0.08% stake in the company as of December 31, 2009. The stake is valued at $119,550,374.
| Date
| Ownership
| Voting
| Value
|
| December 31, 2009 | 0.08% | 0.09% | $119,550,374
|
