Bank of Communications is a national state-owned joint-stock commercial bank.

State-owned enterprise joint-stock system is a state-owned enterprise or a state-controlled enterprise established according to the joint-stock system.

The ownership of state-owned enterprises belongs to the state, while the ownership of joint-stock enterprises belongs to the collective shareholders.

Bank of Communications introduces Bank of Communications, referred to as Bank of Communications.

It is a banking financial institution directly under the State Council.

The headquarters is located in Shanghai.

The main business covers commercial banking, investment banking, securities, trusts, financial leasing, fund management, insurance, offshore financial services, etc.

In July 1986, the State Council approved the reorganization of Bank of Communications, which was the first joint-stock commercial bank in New China.

In 2003, it was placed under the management of the China Banking Regulatory Commission.

In June 2005, Bank of Communications Co., Ltd. was listed on the Hong Kong Stock Exchange.

Development History In 1908 (the 34th year of Guangxu), Bank of Communications was founded.

After the founding of the Republic of China, the Bank of Communications was entrusted by the Central Bank to jointly undertake the treasury revenue and expenditure and the issuance and exchange of national currencies together with the Bank of China.

In 1928, the Legislative Yuan of the National Government passed the "Bank of Communications Regulations", and Bank of Communications became a bank dedicated to supporting farmers, miners and merchants.

When Bank of Communications was established, its head office was located in Beijing.

In 1928, as the national political center moved from Beijing to Nanjing, the Bank of Communications also moved its head office to No. 14, the Bund, Shanghai.

In 1937, Bank of Communications moved its head office to Chongqing.

In 1951, the Bank of Communications' head office moved back to Shanghai, and the branch address at No. 14 on the Bund was occupied by the Shanghai Federation of Trade Unions.