3328 on Hong Kong Stock Exchange

Bank of Communications

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons3

Bank in China

Bank of Communications (BOCOM or BankComm) is a Chinese multinational banking and financial services corporation. It was originally established in 1908 and was one of a handful of domestic Chinese banks that issued banknotes in modern history.2 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

1908Founded1

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  • Ticker3328 on Hong Kong Stock Exchange1
  • Industryfinancial services1
  • HeadquartersBocom Financial Towers1
  • Websitewww.bankcomm.com
  • Legal formqi ye1
  • Listed onShanghai Stock Exchange (601328), Hong Kong Stock Exchange (3328)1

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Bocom Financial Towers
Photo: Baycrest, CC BY-SA 2.5, via Wikimedia Commons4

Bank of Communications (BOCOM or BankComm) is a Chinese multinational banking and financial services corporation. It was originally established in 1908 and was one of a handful of domestic Chinese banks that issued banknotes in modern history. Following the Chinese Communist Revolution in 1949, the mainland operation of that bank were merged into the People's Bank of China and People's Construction Bank of China under the Communist single-tier banking system, while its continuation in Taiwan eventually became part of Mega International Commercial Bank.2

How it started

Before 1949

In 1907, Liang Shiyi proposed the formation of a Bank of Communications to redeem the Beijing–Hankou Railway from its Belgian owners and place the railway under Chinese control. The Bank of Communications was formed in 1908 and provided more than half of the financing needed to buy the railway. The successful redemption enhanced the prestige of Liang's Communications Clique.

The bank's name uses the word "communications" to refer to the linking of two points by a means of transportation.

In order to expand the business overseas, the Bank opened its first Hong Kong branch on 27 November 1934.

In late July 1942, it lost its note-issuance privilege simultaneously as the Bank of China and the Farmers Bank of China, whereas the Central Bank of China was granted the issuance monopoly in the territories still ruled by the Nationalist government.

Continuation in Taiwan

From Wikipedia’s article on Bank of Communications, shared under CC BY-SA 4.0.2

Products and brands

  • insurance

Listed on Wikidata.1

Subsidiaries and ownership

Owners

From Wikidata.1

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

  • 2018434.0B CNY1

Timeline

  1. Jun 23, 2005Went public Listed on Hong Kong Stock Exchange1
  2. 1908Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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