In February, 19 12, Chinese businessmen in San Francisco founded Guangdong Bank Co., Ltd.
Guangdong Bank Limited was acquired by Pacific American Bank in 1988 and renamed Pacific Asia Bank Limited. With the merger of American Bank Group ("American Bank Group") and American Pacific Construction Group on 1992, the Bank changed its name to Bank of Asia Limited on 1993. 1998, Bank of America Group merged with Bank of China Group to form a new Bank of America. In 200 1 year, the Chinese name of the bank was changed to "Bank of America (Asia) Limited" again, which was consistent with the English name of the bank at that time.