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Bank of Communications Co Ltd: Overview

Bank of Communications Ltd (BOCOM) is a provider of personal banking, corporate banking, and international banking solutions. Personal banking comprises loans and deposits, hypothecation, bank cards, and wealth management solutions. The corporate banking portfolio consists of services such as deposits, financing, settlement, wealth management, receivables transfer, cash management, and financial institutional banking. As part of its international banking services, the bank offers document settlement, remittance and billing, import and export settlement, trade finance, and offshore banking. Its treasury business includes trading account businesses, money market transactions, banking account investments, and precious metal businesses. The bank also provides e-banking services such as online banking, mobile banking, and telephone banking. It has a presence in Asia-Pacific, Europe, and North America. BOCOM is headquartered in Shanghai, China.

Headquarters China

Address No. 188 Yincheng Middle Road, Pudong New Area, Shanghai, 200120


Telephone 86 21 58766688

No of Employees 90,654

Industry Financial Services

Ticker Symbol & Exchange 601328 (SHA)

Revenue (2021) $76.9B 5.8% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX 11.9% (2021 vs 2020)

Market Cap* $47.2B

Net Profit Margin (2021) XXX 5.8% (2021 vs 2020)

* As of and is in US$

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IT Services Contracts

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IT Software Contracts

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ICT Spend & Tech Priorities

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Products and Services

Products Services
Accounts: Overdraft
Saving Accounts Bill Discounting
Current Accounts Wealth Management
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XXX XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 New Products/Services In November, the company launched the new citizen-themed debit card in Shanghai.
2022 Corporate Changes/Expansions In November, the company announced to launch personal pension business.
2022 New Products/Services In September, the company launched the new-generation Shanghai Stock Exchange Securities Funds Settlement System.
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Competitor Comparison

Key Parameters Bank of Communications Co Ltd Industrial and Commercial Bank of China Ltd China Construction Bank Corp Agricultural Bank of China Ltd Bank of China Ltd
Headquarters China China China China China
City Shanghai Beijing Beijing Beijing Beijing
State/Province Shanghai Beijing Beijing Beijing Beijing
No. of Employees 90,654 425,000 347,319 450,299 304,521
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Ren Deqi Chairman Executive Board 2020 58
Liu Jun Vice Chairman; President Executive Board 2020 50
Tu Hong Chief Business Officer - Interbank and Market Business Sector Senior Management 2018 56
Lin Hua Chief Risk Officer Senior Management 2021 53
Zhou Wanfu Executive Vice President Senior Management 2020 56
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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