Bank of Communications

Bank of Communications Co., Ltd. (BOCOM) (simplified Chinese: 交通银行; traditional Chinese: 交通銀行; pinyin: Jiāotōng Yínháng; often abbreviated as 交行; Jiāoháng), is the fifth-largest bank in mainland China.

Bank of Communications Co., Ltd.
交通银行股份有限公司
Company typePublic
IndustryFinancial services
Founded
  • 1908
  • 1986 (1986) (re-establishment)
HeadquartersShanghai, China
Key people
Niu Ximing, chairman of the board
Peng Chun, President
ProductsInsurance
Revenue CN¥144.08 billion
$20.53 billion (2019)
CN¥88.20 billion
$12.57 billion (2019)
CN¥77.28 billion
$10.78 billion (2019)
Total assets CN¥10.670 trillion
$1.52 trillion (2020)
Total equity CN¥802.54 billion
$114.36 billion (2020)
Owner
Number of employees
87,828 (2019)
ParentCentral Government of China
SubsidiariesBOCOM (Hong Kong)
BOCOM International
BOCOM Insurance
BOCOM Leasing
BOCOM Schroder
Websitebankcomm.com

Established in 1908, the Bank of Communications claims a long history in China and is one of the banks to have issued banknotes in modern Chinese history. It was listed on the Stock Exchange of Hong Kong in June 2005 and the Shanghai Stock Exchange in May 2007. The Bank was ranked No. 151 among the Fortune Global 500 in terms of operating income and No. 11 among the global top 1,000 banks in terms of Tier 1 capital rated by the London-based magazine The Banker.

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