Bank of Communications is a state-owned commercial bank. 1 987 April1day, 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 is also the largest shareholder of Changshu Rural Commercial Bank and the largest shareholder of Tibet Bank. Strategic shareholding in Hainan Bank, holding four rural banks.

The business scope of the Group covers 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 and 99 provincial branches/kloc-0, with 3,270 outlets in 239 cities above prefecture level and 158 counties or county-level cities.

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Bank of Communications (full name: Bank of Communications Limited) was established in 1908. It is one of the oldest banks in modern China and one of the note-issuing banks in modern China.

The establishment of Bank of Communications originated from the construction of the Beijing-Han Railway in the late Qing Dynasty, hence the name Traffic. The Jinghan Railway was initiated by Zhang Zhidong and implemented in Sheng Xuanhuai, but the construction of the railway was only completed by raising foreign debts. At the end of the Qing Dynasty, under the trend of the return of interest rights, the redemption of Jinghan Railway was also put on the agenda, and the key to the redemption of Jinghan Railway was the capital problem.

The collection method is nothing more than two endings: one is to raise funds, sell stocks and raise domestic debts; 2. Foreign loans. This directly contributed to the establishment of Bank of Communications. Therefore, following the Bank of Household, the Ministry of Posts and Communications set up the Bank of Communications with the telephone number 1908.

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