Enterprises
Bank of Communications
Updated: May 31, 2019
govt.chinadaily.com.cn
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The Bank of Communications logo [Photo/IC]
Bank of Communications is China's only Shanghai-based State-owned commercial bank.
The bank has 87,000 employees at home and abroad, 137 subsidiaries, and 2,648 branches in China, as well as 11 overseas subsidiaries and representative offices in New York, Tokyo, Hong Kong, Singapore, Seoul, Macao, Frankfurt, Ho Chi Minh City, London, Sydney, and Taipei.
The bank conducts a wide range of businesses, including banking, financing, insurance, securities, leases, and trust services. It has three wholly owned subsidiaries: China Bocom Insurance, Bocom International, and Bocom Financial Leasing.
Bank of Communications was founded in 1908 and is the oldest modern commercial bank in China. It was listed on the Hong Kong Stock Exchange in June 2005.
As one of the most competitive banks in China, Bank of Communications is becoming more international and comprehensive. It seeks to establish a superior public holding bank group featuring wealth management services.
The bank's headquarters is located in the Bocom Financial Towers on 188 and 190 Yincheng Middle Road, Lujiazui, Pudong district, Shanghai.
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