Bank of Communications Company Limited



Quote for Bank of Communications Company Limited

Last Trade:
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Symbol/Code:
03328
Status:
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Type:
H Share
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Update:-
Quote Delayed 15 Min.
Currency in HKD Time=UTC+803328 quote

Summary for Bank of Communications Company Limited

Bank of Communications Co., Ltd. (the Bank) is engaged in the provision of banking and related financial services. The Bank, along with its subsidiaries, is engaged in the provision of corporate and personal banking services, conducting treasury business, the provision of asset management, trustee, insurance, finance leasing and other financial services. It has four segments: corporate banking, which include corporate loans, bills, trade finance, corporate deposits and remittance; retail banking, which comprises retail loans, retail deposits, credit card and remittance; treasury, which includes money market placements and takings, investment in securities, and securities sold subject to linked repurchase agreements, and other, which includes items not in other segments. As of December 31, 2010, it had 128 domestic branches. Its subsidiaries are Kiu Fai Company Limited and Creative Mart Limited. On January 27, 2010, it acquired 51% interest of China Life-CMG Life Assurance Company Ltd.