Established in 1908, Bank of Communications is one of the six largest banks in China, one of the oldest banks in China and one of the note-issuing banks in modern China. Bank of Communications is one of the major financial service providers in China, covering commercial banks, securities, trusts, financial leasing, fund management, insurance and offshore financial services. It owns seven non-bank companies, including wholly-owned subsidiaries of Bank of Communications Leasing, Bank of Communications Insurance and Bank of Communications Investment, and holding subsidiaries of Bank of Communications Fund, Bank of Communications Guo Xin, Bank of Communications Life Insurance and Bank of Communications International. In addition, Bank of Communications is the largest shareholder of Changshu Rural Commercial Bank and the largest shareholder of Tibet Bank. Strategic shareholding in Hainan Bank, holding four rural banks. There are 235 domestic branches of Bank of Communications, including 30 provincial branches, 7 directly affiliated branches and 99 provincial branches/kloc-0, with 3,270 outlets in 239 cities above prefecture level and 158 counties or county-level cities.
Bank of Communications
1. Bank of Communications (hereinafter referred to as Bank of Communications) is a financial institution directly under the State Council. Headquartered in Shanghai. The main business covers commercial banks, investment banks, securities, trusts, financial leasing, fund management, insurance and offshore financial services. 1In July, 1986, the State Council approved the re-establishment of Bank of Communications, the first joint-stock commercial bank in New China. In 2003, it was placed under the management of China Banking Regulatory Commission. In June 2005, Bank of Communications Limited was listed on the Hong Kong Stock Exchange. [1] 202 11kloc-0/On October 29th, Bank of Communications released the third quarter results announcement of 2021. In the first three quarters, Bank of Communications achieved a net operating income of 2002. 1 billion yuan (RMB, the same below), up by 7.85% year-on-year; The net profit returned to the mother was 64.36 billion yuan, a year-on-year increase of 22. 1%. By the end of September, the total assets of Bank of Communications 1 1.47 trillion yuan, an increase of 7.24% over the end of last year; The NPL ratio was 65,438+0.60%, which was 0.07 percentage point lower than the end of last year.
2. Bank of Communications, founded in 1908, is one of the oldest banks in China and one of the note-issuing banks in modern China. 1 987 April1day, 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 2005, Bank of Communications was listed on the Hong Kong Stock Exchange, and in May 2007, it was listed on the Shanghai Stock Exchange.