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BOA Full Form: Know All About BOA Here!

By BYJU'S Exam Prep

Updated on: September 25th, 2023

BOA Full Form – The full form of BOA is Bank of America Corporation. Bank of America is one of the world’s largest financial organizations, offering a comprehensive range of banking, investing, asset management, and other financial and risk management services and products to individuals, small and middle-market enterprises, and big corporations.

In the United States, the corporation has over 4,300 retail financial facilities, 17,000 ATMs, and award-winning digital banking with roughly 41 million active users, including approximately 32 million mobile users, serving approximately 66 million consumer and small business clients.

What is the Full form of BOA?

Many people ask what is the full form of BOA when studying for banking exams. The full form of BOA is Bank of America Corporation.

BOA Organizational Structure

Brian Moynihan is the leader of a team of over 200,000 people dedicated to improving the financial lives of individuals, businesses of all sizes, and institutional investors in the United States and around the world.

Name

Position

Brian Moynihan

Chairman of the Board and Chief Executive Officer

Lionel L. Nowell III

Lead Independent Director

Anne M. Finucane

Vice-Chairman

BOA Headquarters

Charlotte, North Carolina, is home to the Bank of America headquarters. According to the corporation, here is where the majority of the company’s executives work.

BOA Services

Bank of America has been operating in India since 1964 and has a long history in the Indian financial markets. The bank, based in the United States, provides a comprehensive suite of financial products to leading Indian corporates, financial institutions, multinationals, and foreign government entities, including lending, working capital, treasury and trade services, foreign exchange, and interest rates.

In India, the bank has four locations: Mumbai, Delhi, Chennai, and Bengaluru.

A licensed broker-dealer entity in India is BofA Securities India Ltd (previously DSP Merrill Lynch Ltd), a Bank of America Corporation subsidiary. BofA Securities is a significant investment banking and broking firm in India, offering capital raising, M&A advising, securities research, and sales and trading services. Bank of America offers banking, credit cards, vehicle loans, mortgages, and home equity loans.

BOA Vacancies

Candidates may learn more about their organization, what it’s like to work there, and how to apply for current openings by visiting the Bank of America Careers website.

This was all about BOA Full form, BOA History, BOA Functions, and BOA Vacancies. We hope you found this article to be useful. If you have any questions, please contact us, and we will gladly assist you.

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