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    Bank of Communications Co., Ltd. (3328.HK)

    6.87 Down 0.03(0.43%) 2:59AM EST
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    Bank of Communications Co., Ltd.
    No.188, Yin Cheng Zhong Lu
    Pudong New District
    Shanghai, 200120
    China - Map
    Phone: 86 21 5876 6688
    Fax: 86 21 5879 8398
    Website: http://www.bankcomm.com

    Index Membership:N/A
    Industry:Money Center Banks
    Full Time Employees:99,919

    Business Summary 

    Bank of Communications Co., Ltd. provides various commercial and retail banking products and services in the People’s Republic of China. The company offers personal banking products and services, including time deposits, education savings, fixed deposits, current deposits, personal call deposits, integrated current and time deposits, hypothecated loans, and local and foreign currency time deposits; credit, quasi-credit, and debit cards; housing, vehicle, and shop loans; and wealth management services. It also provides corporate banking products and services comprising corporate time, corporate current, and contracted deposits; transfer of receivables, account overdrafts, bill discounts, re-lending of foreign government loans, guarantees, re-purchase of inter-bank credit assets, and buy-out of inter-bank credit assets; online tax payments, agent salary payments, agent collection and payments, and transfer settlements; corporate cash management, wealth management, entrusted loans, and agent settlement for bonds; and agent transfer of various government-approved payments and investment banking services, as well as offers property and life insurance services. In addition, the company provides international banking services comprising foreign exchange wealth management, import and export document settlement, trade finance, offshore banking, and remittance and bill services. Further, it is involved in treasury, asset management, trustee, insurance, finance lease, and other financial services; securities dealing and brokerage business; and general insurance and reinsurance activities, as well as provision of fund management and consulting services. It operates approximately 202 branches and 2,690 banking outlets in 215 cities and 159 counties; and 12 international branches, as well as a representative office in Taipei. Bank of Communications Co., Ltd. was founded in 1908 and is based in Shanghai, China.

    Key Statistics

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    Key Executives 
    Mr. Ximing Niu , 59
    Chairman and Chairman of Strategy Committee
    Dr. Chun Peng Ph.D., 53
    Vice Chairman, Pres, Chairman of Social Responsibility Committee and Member of Strategy Committee
    Ms. Yali Yu , 57
    Chief Financial Officer, Exec. VP, Exec. Director and Member of Strategy Committee
    Mr. Weidong Hou , 55
    Chief Information Officer and Exec. VP
    Mr. Benxian Lv , 49
    Head of Corp. Bus. Department and Pres of Beijing Admin. Office
    Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in HKD.