Bank of Communications (English BCM, Chinese Bank of Communications) was established in 1908. It is one of the six largest banks in China, one of the oldest banks in China, one of the modern note-issuing banks in China, and a large state-owned commercial bank. [58] 1 987 On April/KLOC-0, the newly established Bank of Communications officially opened to the outside world, becoming the first national 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. [ 1][2]
Bank of Communications is one of the major financial service providers in China, covering commercial banks, securities, trusts, financial leasing, fund management, insurance and offshore financial services. There are 235 domestic branches of Bank of Communications, including 30 provincial branches, 7 directly affiliated branches, 99 provincial branches/kloc-0, and 3,270 outlets in 239 cities above prefecture level and 158 counties or county-level cities. It owns seven non-bank companies, including wholly-owned subsidiaries of Bank of Communications Leasing, Bank of Communications Insurance and Bank of Communications Investment, and holding subsidiaries of Bank of Communications Fund, Bank of Communications Guo Xin, Bank of Communications Life Insurance and Bank of Communications International. In addition, Bank of Communications is the largest shareholder of Changshu Rural Commercial Bank and the largest shareholder of Tibet Bank. Strategic shareholding in Hainan Bank, holding four rural banks.
20 19 July, Fortune Global 500 released: ranking 150. "One Belt, One Road" China enterprises ranked 108 in the top 65438 list. 20 19 February, 65438 was selected as the brand of China Brand Power Festival 100. In March 2020, it was selected as one of the top 500 global brands.
Lai Shang Bank Co., Ltd. is a local joint-stock commercial bank in Jinan. In 8 cities including Jinan, Xuzhou, Heze, Jining, Tai 'an, Linyi, Liaocheng and Rizhao, there are 1 business offices and 8 branches, with a total of 1 12 business outlets. In addition, four rural banks have been established in Tianjin Wuqing, Shandong Dongying, Henan Fangcheng, Nanyang and Shanxi Wutai. Formerly known as Laiwu Credit Cooperative, it was changed to Laiwu Commercial Bank in July 2005 and its current name was changed in 2008.