Bank of Communications

The Bank of Communications is amongst the top 5 leading commercial banks in China and has an extensive network of over 2,800 branches covering over 80 major cities. Apart from Hong Kong, the Bank has also established overseas branches in New York, Tokyo, Singapore and representative offices in London and Frankfurt. As of end-2002, the Bank had over 88,000 employees and a total asset reaching RMB 5.15 trillion. Bank of Communications currently possesses 128 domestic organs[clarification needed] including 30 provincial branches, 7 directly-managed branches, 90 sub-branches managed by the provincial branches with 2,643 network organs in over 220 large- and medium-sized cities. In addition, it has established 12 overseas organs including branch banks in Hong Kong, New York, San Francisco, Tokyo, Singapore, Seoul, Frankfurt, Macau, Sydney, and Ho Chi Minh City, BOCOMUK in London, and representative office in Taipei. According to the ranking announced by the British journal “The Banker” concerning 1,000 worldwide banks in 2011, Bank of Communications ranked 35th for its tier l capital, entering the world’s top 50 banks for two consecutive years. Among the World’s Top 500 Enterprises listed by Fortune in 2011, Bank of Communications ranked 397th., up by 43 as compared with 2010 and entering the World’s Top 500 Enterprises for three straight years.[citation needed] Bank of Communications is one of the major financial service suppliers in China with its business scope covering commercial banking, securities, trust, financial leasing, fund management, insurance, offshore financial services, etc

Bank Name Bank of Communications
Stock Exchange SHA
Symbol 601328
Sector Financial Services
Industry Banking, financial services
Country
World Region Australia
Chairman
CEO
Employees 92556
Website bankcomm.com.au
Registered Year 1986

 

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