Bank of China to seek shareholder nod for key 2024-2026 plans

Bank of China (SSE:601988) will convene its 2024 Annual General Meeting (AGM) on June 27, 2025, to vote on critical resolutions shaping the bank's near-term strategy. Key proposals include seeking approval for financial bond issuances not exceeding CNY 350 billion between 2025-2026, aimed at bolstering the bank’s balance sheet and supporting business expansion. Shareholders will also consider revisions to the bank's articles of association, encompassing updates to align with regulatory requirements and governance practices.