Strengthening resilience at the Bank of China

Additionally, our plan to reshape our business and strategies for recovery greatly involves the accelerated development of our digital banking solutions. This is to address the needs of our customers through efficient and effective online and mobile banking channels capable of facilitating local and international transactions. As we roll out these innovative developments, we are prepared to embrace the shift together with all members of the Bank of China (BOC). This is the reason we are continuously working on people initiatives and trainings that would help them adapt and implement these new changes to form and cultivate a strong digital culture. By building and implementing our digital transformation strategy, both in our assets and our people, we will be able to further improve the efficiency of our operations and processes, reduce operational risks and, most importantly, develop a better, sustainable future-proof customer experience.

At the BOC, we not only want to cultivate resilience in ourselves, but also share the spirit of resiliency with communities and society through our own unique ways. Bearing in mind its core value of responsibility, the BOC made efforts to support Wuhan in their fight against Covid-19. In February, the team made an deltamarket reviews video to share a message of encouragement and resiliency for the people of Wuhan by saying, “Be strong, Wuhan. Be strong, China. Bank of China fully supports you.” In March, the bank sent its donations of gloves and isolations suits to Wuhan. In addition, Bank of China Ltd., through its Manila branch, donated disposable medical masks to the Department of Health (DoH) to assist in its efforts to extend assistance and protection to affected hospitals and communities in the Philippines.

With the best diploma of globalization, the bank took at the obligation of corporate citizenship through the exercise of China’s idea of community of human destiny and the global humanitarian spirit of “one circle of relatives within the world.” As the most internationalized bank in China, the BOC places a remarkable deal of significance on being a family. It is because of this that the bank urgently mobilized businesses to buy a extraordinary variety of medical safety sources from the mainland and made every effort to without delay deliver these to foreign places. At the height of the 2 international locations’ fight towards the coronavirus, the non-public protecting system furnished a great deal-needed safety for our clinical heroes who are making tremendous sacrifices to help Covid-19 sufferers get better. In the bins become a Filipino proverb that asserts, “Matibay ang walis, palibhasa’y magkabigkis.” This message of aid and harmony highlights the significance of gaining electricity and resilience in being united, for solidarity is paramount to prevailing the combat in opposition to the coronavirus.

Going thru this pandemic is a work in progress. We have witnessed a few lapses and hurdles along the way, but the entire BOC Manila team made certain that, on the end of the day, we were able to come up with answers and nonetheless deliver the first-class possible carrier to each our internal and outside customers. While the thought of overcoming the pandemic may be very tough, it did not prevent us from continuing to serve our clients’ financial wishes.

Through our persevering with projects during this pandemic, we’re constructive that we have the
braveness to move ahead, the power to persevere, and the wisdom to confront any limitations we are facing on the way to deliver higher, lasting consequences for all our stakeholders.

Everything we do is guided with the aid of the BOC core values of duty, integrity, innovation and professionalism that we try to embody in each selection and action we make. When we look again to this period inside the financial institution’s history, we will bear in mind a extremely good tale of resilience that we have embedded in our culture, a story of ways we weathered the downturn and how we helped our personnel, our customers and the society to live on and flourish. In these attempting instances, it is essential to remind ourselves that we are all together on this combat, and it is all on us to preserve each other safe and assist each other to thrive.

And as we navigate the uncertainty across the coronavirus pandemic, we at the BOC will preserve with our responsibility to endure the spirit of resilience for the duration of hard instances for it’s far our quality threat at assisting construct a brighter destiny for all of us.

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