Bloomberg News

Bank of China Plans to Apply to Open Branch in Canada

May 25, 2012

Bank of China Ltd., the Asian country’s third-biggest lender by assets, plans to open a branch in Canada.

The Beijing-based company will do business in Canada under the name Bank of China, Toronto Branch and its principal office will be in Markham, Ontario, according to a notice in the Canada Gazette, the government’s official regulatory publication.

To contact the reporters on this story: Doug Alexander in Toronto at dalexander3@bloomberg.net; Greg Quinn in Ottawa at gquinn1@bloomberg.net

To contact the editors responsible for this story: David Scheer at dscheer@bloomberg.net; David Scanlan at dscanlan@bloomberg.net


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