Bank of Communications

OverviewSuggest Edit

Founded in 1908, Bank of Communications Co., Ltd. ("the Bank") is one of the oldest banks in China as well as one of the note-issuing banks in modern China. The Bank was listed on the Hong Kong Stock Exchange in June 2005 and on the Shanghai Stock Exchange in May 2007. The Bank currently has 182 domestic branches, comprising 30 provincial branches, 7 branches directly managed by the Head Office and 145 managed by provinces. It has also established 2,701 banking outlets in 202 cities and 144 counties nationwide. In addition, the Bank has set up 12 overseas institutions, comprising branches in Hong Kong, New York, San Francisco, Tokyo, Singapore, Seoul, Frankfurt, Sydney, Macau, Ho Chi Minh City, Taipei and Bank of Communications (UK) Co., Ltd. According to the "Top 1000 World Banks 2012" published by the British magazine "The Banker", the Bank was ranked number 30 in terms of its Tier 1 Capital, moving 5 positions forward as compared with the prior year, and was among the top 50 for the fourth consecutive year. The Bank is one of the major financial services providers in China. The Bank's business scope includes commercial banking, securities services, trust services, financial leasing, fund management, insurance and offshore financial services. Its wholly-owned subsidiaries include BOCOM International Holdings Company Limited, China BOCOM Insurance Co., Ltd and Bank of Communications Finance Leasing Co., Ltd. Subsidiaries controlled by the Bank include Bank of Communications Schroder Fund Management Co., Ltd, Bank of Communications International Trust Co., Ltd, BoCommLife Insurance Company Limited, Dayi Bocomm Xingmin Rural Bank, Zhejiang Anji BOCOM Rural Bank Ltd, Xinjiang Shihezi BOCOM Rural Bank and Qingdao Laoshan BOCOM Rural Bank. In addition, the Bank is the largest shareholder of Jiangsu Changshu Rural Commercial Bank Co., Ltd.

TypePublic
Founded1908
HQShanghai, CN
Websitebankcomm.com
Employee Ratings3.5

Latest Updates

Employees (est.) (May 2021)90,716
Share Price (Jun 2021)¥4.9
Cybersecurity ratingDMore

Bank of Communications Office Locations

Bank of Communications has an office in Shanghai
Show all (1)

Bank of Communications Financials and Metrics

Bank of Communications Revenue

Market capitalization (4-Jun-2021)

340.8b

Closing stock price (4-Jun-2021)

4.9
Bank of Communications's current market capitalization is ¥340.8 b.
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Bank of Communications Cybersecurity Score

Cybersecurity ratingPremium dataset

D

68/100

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Bank of Communications Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Bank of Communications Online and Social Media Presence

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Bank of Communications News and Updates

China’s Bank of Communications Posts 49% Quarterly Profit Rise as Pandemic Eases

China’s Mega Banks Poised to Rally After Fastest Profit Rebound

HSBC Says Bank of Communications Is Worth More Than $100 Billion

HSBC Says Bank of Communications Is Worth More Than $100 Billion

China's Bank of Communications signs for CPP card Loss Reporting Service

CPP Group Plc, the partner focused, global product and services company specialising in the financia...

Bank of Communications Frequently Asked Questions

  • When was Bank of Communications founded?

    Bank of Communications was founded in 1908.

  • How many employees does Bank of Communications have?

    Bank of Communications has 90,716 employees.

  • Who are Bank of Communications competitors?

    Competitors of Bank of Communications include Punjab National Bank, Bank of Baroda and Agricultural Bank of China.

  • Where are Bank of Communications offices?

    Bank of Communications has an office in Shanghai.

  • How many offices does Bank of Communications have?

    Bank of Communications has 1 office.