Bank of Communications Co Ltd - Company Profile

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Bank of Communications Co Ltd: Overview

Bank of Communications Co 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.

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Headquarters China

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


Telephone 86 21 58766688

No of Employees 91,210

Industry Financial Services

Ticker Symbol & Exchange 601328 (SHA)

Revenue (2022) $80.0B 6.4% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 0.7% (2022 vs 2021)

Market Cap* $58.7B

Net Profit Margin (2022) XYZ -5.4% (2022 vs 2021)

* As of and is in US$
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Bank of Communications Co Ltd premium industry data and analytics

3

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Bank of Communications Co Ltd (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Bank of Communications Co Ltd’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

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

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

Year Event Description
2023 Contracts/Agreements In September, the company renewed its one-year overseas airport pickup service agreement with SunCar Technology Group to continue expand overseas car services.
2023 New Products/Services In August, the company launched corporate online banking 6.0 and corporate mobile banking 2.0.
2023 Contracts/Agreements In February, the company entered into an agreement with the autonomous region government to provide the Inner Mongolia Autonomous Region with intentional financing support.
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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 91,210 419,252 376,871 451,003 306,931
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Ren Deqi Chairman Executive Board 2020 59
Liu Jun President; Vice Chairman Executive Board 2020 51
Qian Bin Executive Vice President; Chief Information Officer Senior Management 2021 50
Lin Hua Chief Risk Officer Senior Management 2021 54
Tu Hong Chief Business Officer - Interbank and Market Business Sector Senior Management 2018 57
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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