London, the world's financial centre, combines exciting diversified cultures and amazing financial power. As well-known as Wall Street in New York, City of London has more than 200 foreign banks, over 600 foreign companies listed on the London Stock Exchange and one-third European headquarters of Fortune 500 companies. More than £4 trillion in funds under management in the UK with over US$1.9 trillion foreign exchange turnover each day in London. Here, right in the centre, Bank of China London Branch has developed and explored since 1929, always being with its customers and contributing to trades between Britain and China.
On 4th November 1929, Bank of China set up an office which was named "Bank of China London Agency" in London, this was not only the first branch of the Bank to be set up overseas, but was also the first overseas financial institution formed by any Chinese bank. In this case, the founding of the London branch was truly a historical landmark.