Bank of Communications Co Ltd - Company Profile
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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.
Bank of Communications Co Ltd premium industry data and analytics
Products and Services
Products | Services |
---|---|
Accounts: | Overdraft |
Saving Accounts | Bill Discounting |
Current Accounts | Wealth Management |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
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. |
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 | 94,275 | 419,252 | 376,871 | 451,003 | 306,931 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Ren Deqi | Chairman | Executive Board | 2020 | 59 |
Liu Jun | Vice Chairman; President | Executive Board | 2020 | 51 |
Qian Bin | Chief Information Officer; Executive Vice President | 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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