Established in 1908, Bank of Communications is one of the six largest banks in China, one of the oldest banks in China and one of the note-issuing banks in modern China. 1 987 April1day, the restructured Bank of Communications officially opened, becoming the first state-owned joint-stock commercial bank in China, with its head office in Shanghai. Bank of Communications was listed on the Hong Kong Stock Exchange in June 2005 and successfully listed on the Shanghai Stock Exchange in May 2007.
2. Bank of Communications is one of the major financial service providers in China. The business scope covers commercial banks, securities, trusts, financial leasing, fund management, insurance, offshore financial services, etc. Bank of Communications has 235 branches all over the country, including 30 provincial branches, 7 directly affiliated branches, 9 provincial branches 199, and 3,270 outlets in 239 prefecture-level and above cities and 158 counties (cities). It owns seven non-bank companies including wholly-owned subsidiaries such as Bank of Communications Leasing, Bank of Communications Insurance and Bank of Communications Investment, and holds subsidiaries such as Bank of Communications Fund, Bank of Communications Guo Xin, Bank of Communications Life Insurance and Bank of Communications International Bank. In addition, Bank of Communications is the largest shareholder of Changshu Rural Commercial Bank, tied with the largest shareholder of Tibet Bank. Strategic equity participation in Hainan Bank, holding four rural banks.
3.20 19 July Fortune Global 500 released 20 19 July: ranking 150. Belt and Road ranked among the top 100 enterprises in China 18. February 20 19, 65438 was selected as one of the top 100 brands in China Brand Power Festival. In March 2020, it was selected as one of the top 500 global brands.
4. The company's business includes: banking and financial engineering, tax payment, cash management, asset custody (securities investment fund custody, national social security fund asset custody, insurance fund custody, brokerage collective/directional asset management plan custody, enterprise annuity custody, international custody, trust fund custody, private equity fund custody, etc. ), investment banking and financing business (accounts receivable transfer, guarantee business, loan commitment letter, credit certificate, buyer discount, etc.). Commercial paper discount, foreign government loan refinancing, domestic and foreign currency fixed assets loan, export tax rebate account trust loan, enterprise account overdraft, domestic and foreign currency liquidity loan, inter-bank credit asset acquisition and inter-bank credit asset repurchase.
5. The businesses of small business users include: loan application, Pioneer One-stop, Zhanyetong, Zhuoyetong, investment and financing, tax financing, loan lending, hand-in-hand communication and Huinong Communication.
6. International business includes inter-bank business, communication-international business, remittance-foreign exchange financing business and insurance-foreign exchange trading business.