Bank of China Expedites its Development in Canada

Stability makes for a favorable place to do business, but it’s a double-edged sword

The first Chinese bank established in Canada, Bank of China-Canada (BOCC) will mark its 20-year anniversary in Canada this year.

“The last 20 years has been full of twists and turns,” said Wang Lijun, president and CEO of BOCC.

Although BOCC ranked in the rear position among BOC’s 36 overseas branches, it has grown.

“The development has speeded up remarkably since 2009,” Wang said. “Our strategy has been: ‘grasp opportunities, expand networks, enrich products and expedite development’.”

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