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11 November 2012

Hong Kong - $100 Bank of China Commemorative 2012

One Hundred Dollars
No Prefix
Dated 2012, PNL
AA Prefix
Dated 2012, PNL
AB Prefix
Dated 2012, PNL
"A Century of Glory and Global Services"
This note celebrates the bank 100 year of establishment (5.2.1912). The bank originally started in 1905 when the last Chinese Imperial government established Daqing Hubu Bank and in 1908 changed it's name to Daqing Bank. Following the establishment of the Republic of China, the bank was then renamed Bank of China by the Nationalist Kuomintang government. After the Chinese civil war ended in 1949, the bank split into two operations, with one part of it's operation shifted to Taiwan. The Taiwan operation later changed it's name in 1971 and merged with the Taiwan Bank of Communication. The mainland operation remains unchanged. BoC, by market capitalisation, is the 5th largest bank in the world. The bank operates in 27 countries and employed staffs in excess of 380,000 worldwide. The BoC (Hong Kong branch) commenced it's operation in 1917. The bank was forced to closed temporary during the Japanese occupation in 1941 and reopened in 1946 following the end of the war. In 1994, the BoC (HK) was granted the license in Hong Kong to issue banknotes in the territory.

Total notes issued = 2.0M
Single note = 1,100,000 (HK$150 each)
3 in one Uncut x 100,000 = 300,000 single notes (HK$600 each)
30 in one Uncut x 20,000 = 600,000 single notes (HK$6000 each)
Net profit generated from this issued will be donated to BoCHK Charitable Foundation and other charitable organisations of Hong Kong. In view of the issue price, this note is not intended for general circulation.

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