Bank of China (Brasil) Banco Múltiplo S/A

About Bank of China (Brasil) Banco Múltiplo S/A

The Bank of China ("BOC") is one of China's oldest and most important financial institutions. It began operations in Brazil in 1998, establishing a representative office. In 2009, it took a further step and founded Banco da China (Brasil) S.A., headquartered in São Paulo, the country's financial heart, becoming the first Chinese financial institution to operate in South America, offering a wide range of financial services such as corporate credit, corporate finance, and trade settlement. In 2024, BOC consolidated its presence in the Brazilian market by acquiring controlling interest in China Construction Bank (Brasil), which was renamed Bank of China (Brasil) Banco Múltiplo S.A. This expanded its operations, making it a benchmark for investments and dealings in Renminbi, facilitating trade and investment relations between Brazilian and Chinese companies. With a comprehensive banking license, Bank of China (Brasil) operates with excellence in the financial segments demanded by the corporate market. With a qualified team of over 300 professionals, its activities are divided between the headquarters and eight service points in strategic locations across the national territory and a branch in Grand Cayman. The Institution operates through its credit, investment, foreign exchange, and foreign trade portfolios, specifically aimed at serving large corporations.