Bank of Communications Co., Ltd.

Founded in 1908, Bocom is one of the
note-issuing banks with the longest history in modern China. Bocom
reopened after reorganization on 1 April 1987. It is the first nationwide
state-owned joint-stock commercial bank in China,
with Head Office located in Shanghai.
The Bank was listed on the Hong Kong Stock Exchange in June 2005 and on the
Shanghai Stock Exchange in May 2007. Bocom’s development strategy is “becoming
a first class listed comprehensive banking group focusing on international
expansion and specializing in wealth management”. In 2018, Bocom was honored “Top 500 Global
Companies”for ten consecutive years and was ranked No.168 in
terms of revenue by FORTUNE. It was ranked No.11 among the global top 1,000
banks in terms of Tier-1 Capital rated by The Banker.
Currently, Bocom is one of the major
financial service providers in China.
The Group’s business scope includes commercial banding, securities, trust,
financial leasing, fund management, insurance, and offshore financial services
etc, and set up 21 overseas banking branches, subsidiaries and representative
office in 16 countries and regions, including branches in Hong Kong, New York,
Tokyo, Singapore, Seoul, Frankfurt, Macau, Ho Chi Minh City, San Francisco,
Sydney, Taipei, London, Luxembourg, Brisbane, Paris and Rome, subsidiaries in
Hong Kong, UK, Luxembourg and Banco Bocom BBM S.A., and representative office
in Toronto, and established 66 overseas banking outlet in total.