The full name of Bank of Communications is Bank of Communications Co., Ltd. (BCM in English and Bank of Communications in Chinese).
Bank of Communications, founded in 198, is one of the oldest banks in China and one of the note-issuing banks in modern China. On April 1st, 1987, 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. In June 25, Bank of Communications was listed on the Hong Kong Stock Exchange and listed on the Shanghai Stock Exchange in May 27.
The business scope of Bank of Communications Group covers commercial banks, financial leasing, funds, wealth management, trust, insurance, overseas securities, debt-to-equity swaps and offshore finance.
its non-silver companies mainly include bank of communications financial leasing co., ltd., bank of communications financial assets investment co., ltd., bank of communications wealth management co., ltd. and China bank of communications insurance co., ltd., and its holding subsidiaries are bank of communications Schroeder fund management co., ltd., Bank of Communications International Trust co., ltd., bank of communications life insurance co., ltd. and bank of communications international holdings co., ltd.
development concept of Bank of Communications
Bank of Communications adheres to the principle that "development is the last word and the first priority; Quality is a hard constraint and the first responsibility; Benefit is a hard task, and it is the first goal ".We always pay equal attention to business development and risk control, and implemented an incentive and restraint mechanism with economic capital performance appraisal as the core. A comprehensive risk management system has been established; Promoted organizational restructuring and vertical transformation of business management; We have built a data centralization project that is at the leading level in China.
at the same time, according to the requirements of "mutual understanding and accommodation, mutual benefit, long-term cooperation and common development", the cooperation between Bank of Communications and HSBC has been close and fruitful, and advanced concepts, technologies and products have been introduced continuously, which has had a very positive impact on improving the management level of Bank of Communications.