Bank of Communications Co., Ltd. Overview
Pro stress-test →Bank of Communications (BOCOM), founded in 1908 and one of four oldest banks in China, provides comprehensive commercial banking and related financial services. The bank's main activities include corporate and personal banking services, interbank and financial market business, financial leasing, fund management, and wealth management, with major products encompassing corporate loans, personal loans, trade financing, credit cards, insurance, and related financial services.
Strategic Profile
Pro stress-test →As China's first national shareholding commercial bank, BOCOM plays dual roles as the successor to a century-old national banking brand and pioneer of China's banking reform. The bank has established a strong international presence through 23 overseas subsidiaries, branches, and representative offices across Asia, Europe, North America, and other regions.
Competitive Landscape
Pro stress-test →BOCOM competes with other major Chinese state-owned banks including Agricultural Bank of China, China Construction Bank, and Industrial and Commercial Bank of China (ICBC), as well as joint-stock commercial banks and city commercial banks. The competitive landscape involves expanding digital banking services, fintech integration, and competing for market share in both corporate and retail banking segments across China's increasingly sophisticated financial market.
Industry Context
Bank of Communications Co., Ltd. operates in Commercial Banking / Financial Services.
Key facts
Founded: 1908 · Headquarters: Shanghai, China · Employees: 95,267 · Revenue: $77.0B · Market cap: $80.6B