Founded in 1908, Bank of Communications Co., Ltd. (Stock codes: A shares 601328, H shares 03328) is one of the banks with the longest history and was one of the note-issuing banks in China in the past. It is the first nationwide state-owned joint-stock commercial bank in China, with its head office located in Shanghai.
The Bank is one of the major financial services providers in China. The Bank’s business scope comprises commercial banking, securities services, trust services, financial leasing, fund management, insurance, offshore financial services and so on. The Bank’s development strategy is to become “a first class listed comprehensive banking group focusing on international expansion and specialising in wealth management”.