BOCHKBank of China (Hong Kong) Limited
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BOCHK AM is one of the largest active RMB fund managers globally, with discretionary and advisory mandates of 7.
After examining different IT solutions and services in the market, BOCHK appointed Automated as the systems integrator to manage the entire deployment of the VASCO and i-Sprint solutions for the Strong Authentication and Data Signing functions, as well as after-sales maintenance for the solution.
BOCHK and the World Bank held a launch ceremony at the Bank of China Tower today.
I believe that everyone who has been with BOCHK for many years will be deeply touched.
Following a selection process, China's central bank, the People's Bank of China, named the BOCHK the clearing bank in Hong Kong, the Hong Kong Monetary Authority said.
Apart from expanding its franchise, it is still too early to say if BOCHK has a very strong competitive advantage by being the single clearing bank in Hong Kong's off-shore RMB market or if this new role can significantly bolster the bank's profitability prospects, Fitch said.
By leveraging Citi's experience, solutions and customer support in CLS payments, BOCHK can better serve its growing client base and maintain its leading edge in providing this pivotal service internationally.
I would like to express my deepest gratitude to the BOCHK and all participating schools for making this meaningful award scheme a continuing success throughout the years.
Meanwhile, Nanyang's support rating draws comfort from the high likelihood of support from parent BOCHK in the event of stress.
We are excited that our customers' mobile payment experience will be further enhanced through the collaboration with BOCHK.
5 May 2010 - Fitch lifted Wednesday to 1 from 2 the support rating of Bank of China (Hong Kong) Ltd, or BOCHK.