Is Bank of Communications state-owned?
Question 1: Is Bank of Communications a state-owned bank or a joint-stock bank? Thanks. The Bank of Communications was reorganized in 1987 as an experiment in the joint-stock reform of banks. At that time, China Construction Engineering Corporation was a fully state-owned bank, so people used to call it the four major state-owned banks. Later, these four major banks successively completed the joint-stock reform and became state-owned like Bank of Communications. Banks with absolute controlling shares are therefore subsequently called the top five state-owned banks.
Question 2: Is Bank of Communications a state-owned enterprise?
Bank of Communications was founded in 1908. It is one of the banks with the longest history in modern China and one of the note-issuing banks in modern China.
After reorganization in 1987, the Bank of Communications of China officially opened for business and became the first national joint-stock commercial bank. Bank of Communications was listed on the Hong Kong Stock Exchange and Shanghai Stock Exchange in 2005 and 2007 respectively. It was the first state-controlled large commercial bank listed overseas.
Question 3: Is Bank of Communications a state-owned commercial bank? There is no Bank of Communications among the four major state-owned banks, but China’s national conditions determine that Chinese banks cannot allow foreign or private companies to control large shares. Therefore, Bank of Communications is still state-owned, and other small shares are separated. Among them HSBC holds a large share! ~
China’s commercial banks include China Merchants Bank, Guangdong Development Bank, Shenzhen Development Bank, Industrial Bank, Shanghai Pudong Development Bank, etc.
Question 4: Is Bank of Communications a state-owned enterprise? It refers to the entire enterprise A non-corporate economic organization whose assets are owned by the state and registered in accordance with the "Regulations of the People's Republic of China and the State on the Registration and Administration of Enterprise Legal Persons". Excludes wholly state-owned companies within limited liability companies.
The main body of asset investment is the state-owned asset management department, which is a state-owned enterprise.
Of course Bank of Communications is also a state-owned enterprise
Question 5: What is a state-owned enterprise? Is Bank of Communications a state-owned enterprise? Refers to a non-corporate economic organization in which all assets of an enterprise are owned by the state and registered in accordance with the "Regulations of the People's Republic of China on the Registration of Enterprise Legal Persons". Excludes wholly state-owned companies within limited liability companies.
The main body of asset investment is the state-owned asset management department, which is a state-owned enterprise.
Of course Bank of Communications is also a state-owned enterprise
Question 6: Is Bank of Communications a state-owned bank? Yes, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, China Communications The bank is one of the five largest state-owned banks in China.
Bank of Communications, founded in 1908, has developed into a century-old company with "clear development strategy, perfect corporate governance, sound institutional network, advanced operation and management, high-quality financial services, and good financial status" A modern commercial bank with a long history. In the "2014 Baoding Fourth Financial Management Expo" event, Bank of Communications Baoding Branch fully demonstrated its brand style and product features. In order to enhance readers' understanding of Bank of Communications, this newspaper specially interviewed Zhang Weifeng, President of Baoding Branch of Bank of Communications, and learned more about Bank of Communications' business characteristics and business philosophy through him.
Question 7: Is Bank of Communications a state-owned bank? Yes. The five major state-owned banks we usually refer to include Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China, China Construction Bank, and China Bank of Communications.
Question 8: Is Bank of Communications a state-owned bank? Hello! Bank of Communications is one of the five major state-owned banks, including Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China, China Construction Bank, and Bank of Communications!
Question 9: Is Bank of Communications a national bank? Basic information
Bank of Communications was founded in 1908. It was one of the four early banks in China and one of the early note-issuing banks in China. On July 24, 1986, as a pilot project for financial reform, the State Council approved the reorganization of Bank of Communications.
On April 1, 1987, the reorganized Bank of Communications officially opened for business and became China's first national state-owned joint-stock commercial bank. It is now one of the five largest state-owned commercial banks in China.
Bank of Communications was founded in 1908. It is the oldest and oldest bank in modern China and one of the note-issuing banks in modern China. Bank of Communications was listed on the Hong Kong Stock Exchange in June 2005 and on the Shanghai Stock Exchange in May 2007.
In 2012, Bank of Communications had 182 domestic institutions, including 30 provincial branches, 7 directly affiliated branches, and 145 provincial branches, operating in 202 municipalities at or above the prefecture level, and 144 counties or county-level cities across the country* **There are 2,701 business outlets. It has 12 overseas institutions, including Hong Kong, New York, San Francisco, Tokyo, Singapore, Seoul, Frankfurt, Sydney, Macau, Ho Chi Minh City, Taipei Branch and Bank of Communications Co., Ltd. According to the 2012 report of the world's 1,000 largest banks released by the British "Banker" magazine, Bank of Communications ranked 30th in terms of tier one capital, ranking among the top 50 global commercial banks for the fourth consecutive year, an increase of 5 places compared with 2012. In 2013, it was awarded the top 500 Chinese brands in 2013 jointly released by the China Brand Value Research Institute, the Central National Situation Investigation Commission and Focus China.
Bank of Communications is one of China’s major financial service providers. Its business scope covers commercial banking, securities, trusts, financial leasing, fund management, insurance, offshore financial services, etc. Its wholly-owned subsidiaries include BoCom International Holdings Co., Ltd., China BoCom Insurance Co., Ltd. and BoCom Financial Leasing Co., Ltd., and its holding subsidiaries include BoCom Schroders Fund Management Co., Ltd., BoCom International Trust Co., Ltd., and BoCom Kanglian Life Insurance Co., Ltd. Company, Dayi Bank of Communications Xingmin Rural Bank, Zhejiang Anji Bank of Communications Rural Bank, Xinjiang Shihezi Bank of Communications Rural Bank, Qingdao Laoshan Bank of Communications Rural Bank. Bank of Communications is also the largest shareholder of Changshu Gengcun Commercial Bank.
Bank of Communications’ development strategy: take the road of internationalization and comprehensiveness, and build a first-class public-holding banking group with the characteristics of wealth management.
The Bank of Communications logo combines the lowercase letters "b" and "c" at the beginning of the English translation BANKOFMUNICATIONS to form a three-dimensional Bank of Communications logo. The Bank of Communications logo represents the strength and business of the company. comprehensiveness.
The entire pattern has a sense of extension, reflecting the Bank of Communications' trend of continuous development, growth and increasing prosperity.
The standard color is dark blue, which symbolizes that Bank of Communications is as broad and profound as the sea, implying stability, steadiness and reliability!
Bank of Communications was inscribed by Zheng Xiaoxu, a famous reformist politician and calligrapher in the late Qing Dynasty.
Reference encyclopedia: baike.baidu/view/16157
Is Bank of Communications a state-owned commercial bank?
Bank of Communications is a state-owned commercial bank.
There is no Bank of Communications among the 4 major commercial banks, but there are 5 major commercial banks in China. China’s commercial banks include China Merchants Bank, Guangdong Development Bank, Shenzhen Development Bank, Industrial Bank, Shanghai Pudong Development Bank, etc.
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On April 1, 1987, the reorganized Bank of Communications officially opened for business and became China's first national state-owned joint-stock commercial bank, with its head office in Shanghai. Bank of Communications was listed on the Hong Kong Stock Exchange in June 2005 and successfully listed on the Shanghai Stock Exchange in May 2007.
As the first large state-owned commercial bank approved to carry out in-depth reforms, Bank of Communications is pursuing the strategy of “taking the road of internationalization and comprehensiveness and building a first-class public-holding banking group with the characteristics of wealth management” The goal is in stride.
Extended information:
Company culture
Company mission
“Create unique value”
Creating unique value fully reflects Bank of Communications' attitude and responsibility towards customers, shareholders, employees and society, and is a clear expression of building a responsible and harmonious Bank of Communications.
Customers are the source of value creation for Bank of Communications.
All operations and management activities of Bank of Communications must focus on providing customers with better financial solutions, providing customers with time-saving, effort-saving, worry-free and value-added financial services, winning customers' trust and cultivating customer loyalty.
Shareholders are the investors and principals of Bank of Communications and are the solid backing for Bank of Communications’ survival and development. It is the responsibility of Bank of Communications to establish a sound investor relations management mechanism, accurately and fully disclose information, safeguard the long-term interests of shareholders, and maximize shareholder value.
Employees are the carriers of Bank of Communications’ financial services and the creators of service value. Excellent employees support Bank of Communications' professional development. Bank of Communications insists on putting people first and creates a good personal development environment for employees so that employees can grow with the growth of Bank of Communications.
Society is the soil on which Bank of Communications relies for its survival and development. All Bank of Communications employees must establish a sense of "corporate citizenship", insist on operating in compliance with laws and regulations, actively assume social responsibilities, and achieve the harmonious prosperity of the enterprise and society.
Company Vision
“Building China’s Best Wealth Management Bank”
BoCom continues to pursue innovation, with a high-quality investment team, strong financial strength, and good We will use our banking market reputation to meet the diversified needs of customers for wealth management, be the best in maintaining and increasing customer wealth and creating value for customers, and form a clear and differentiated business strategy that is recognized by the market.
Improve the ability to provide customers with all-round and personalized financial services, form a hierarchical and partitioned service system, create differentiated brand positioning and an honest and professional brand image, and make Bank of Communications the leader in China's wealth management market creator, designer of the best financial solutions, innovation leader in value business and holder of innovation results.
Baidu Encyclopedia-Bank of Communications
Why is Bank of Communications also a state-owned commercial bank?
my country’s commercial banks mainly include state-owned commercial banks, national joint-stock commercial banks, and city commercial banks.
State-owned commercial banks, also known as state-controlled large commercial banks, refer to commercial banks directly controlled by the state. Currently, they mainly include: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, and Bank of Communications* **5 homes.
Bank of Communications was founded in 1908. It was one of the four early banks in China and one of the early note-issuing banks in China. After 1949, except for the Hong Kong branch, which continued to operate, the domestic business of Bank of Communications was merged into the local People's Bank of China and the People's Construction Bank of China. In order to adapt to the reform and development of China's economic system, the Bank of Communications was reorganized with the approval of the State Council as a pilot project for financial reform in 1986. The reorganized Bank of Communications officially opened for business in 1987 and became China's first national state-owned joint-stock commercial bank.
Bank of Communications ranks fifth among domestic commercial banks after the four major state-owned commercial banks.
Is Bank of Communications a state-owned enterprise or a private enterprise?
It is a state-owned enterprise. Bank of Communications is a joint-stock commercial bank controlled by a central enterprise and state-owned assets, and is actually controlled by the People's Republic of China and the Ministry of Finance. Bank of Communications, referred to as BCM, full name Bank of Communications Co., Ltd., was established on March 30, 1987 with a registered capital of 74.263 billion yuan. Its registered address is No. 188 Yincheng Middle Road, Pudong New Area Free Trade Pilot Zone, Shanghai. The main businesses of Bank of Communications include: Customers are provided with corporate financial services, personal financial services, interbank and financial market services.
Bank of Communications was listed on the Shanghai Stock Exchange on May 15, 2007, with stock code SH601328. Bank of Communications has a very wide business scope and has many subsidiaries, covering commercial banking, securities, trusts, and financial leasing. , fund management, insurance, offshore financial services, etc.
Its wholly-owned subsidiaries include BoCom International Holdings Co., Ltd., China BoCom Insurance Co., Ltd. and BoCom Financial Leasing Co., Ltd., and its holding subsidiaries include BoCom Schroders Fund Management Co., Ltd., BoCom Schroders Fund Management Co., Ltd. Yin International Trust Co., Ltd., BoCom Kanglian Life Insurance Co., Ltd., Dayi BoCom Xingmin Rural Bank, Zhejiang Anji BoCom Rural Bank, Xinjiang Shihezi BoCom Rural Bank, Qingdao Laoshan BoCom Rural Bank.
In addition, Bank of Communications is also the largest shareholder of Jiangsu Changshu Rural Commercial Bank Co., Ltd. and the joint-largest shareholder of Tibet Bank Co., Ltd.
Is Bank of Communications a state-owned bank?
Bank of Communications is a national bank.
Bank of Communications, founded in 1908, is one of the oldest banks in China and one of the note-issuing banks in modern China.
On April 1, 1987, the reorganized Bank of Communications officially opened for business and became China's first national state-owned joint-stock commercial bank, with its head office in Shanghai. Bank of Communications was listed on the Hong Kong Stock Exchange in June 2005 and on the Shanghai Stock Exchange in May 2007.
Extended information
Bank of Communications is one of China’s major financial service providers. The group’s business scope covers commercial banking, securities, trust, financial leasing, fund management, insurance, and offshore finance. Services etc.
Bank of Communications has 235 domestic branches, including 30 provincial branches, 7 directly affiliated branches, and 199 provincial branches. It operates in 239 prefecture-level and above-level cities and 158 counties or counties across the country. It has 3,270 business outlets in the first-level city ***; it owns 7 non-bank subsidiaries, including wholly-owned subsidiaries BoCom Leasing, BoCom Insurance, and BoCom Investment, as well as holding subsidiaries BoCom Fund, BoCom Guosen, BoCom Life, BoCom International.
In addition, Bank of Communications is also the largest shareholder of Changshu Rural Commercial Bank and the joint largest shareholder of Tibet Bank. It has strategically invested in Hainan Bank and controls 4 rural banks.
Baidu Encyclopedia-Bank of Communications