Bank of Communications
Company and Financial Services Company
Asian Markets Track Wall Street Gains...U.S. peers, with Commonwealth Bank of Australia rising 1.7% Westpac Banking Group jumping 2.6% in Sydney, KB Financial adding 1.7% in Seoul and Bank of Communications gaining 2.5% in Hong Kong. In Tokyo, however, financial stocks lagged the... In this article: U.S., Hong Kong, Ssangyong Motor, Meralco, Dow Jones Industrial Average, Dow Jones, Wall Street, Seoul, Singapore, and Taiwan |
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Sydney Morning Herald - National | July 29, 2009
Chinese bank to open branch in Sydney
...from the Australian Prudential Regulatory Authority (APRA). Bank of Communications vice president Peng Chun says the bank plans to expand its Australian operations. "Sydney is a good choice for the bank because the city has a...
In this article: Sydney, NSW, Australian Prudential Regulatory Authority, Melbourne, Shanghai, Australia, and China
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The Australian | July 29, 2009
Fifth largest China bank for Sydney
Fifth largest China bank for Sydney China Bank of Communications to open Sydney branch CHINA'S Bank of Communications will open a Sydney office as its first working branch in Australia. The move, announced by the NSW government today,...
In this article: Sydney, China, China Bank, Australia, Australian Prudential Regulatory Authority, McKinsey, KPMG, Bank of China, and Australian Stock Exchange
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english.china.com
China's Bank of Communications to set up branch in Sydney--News
... Bank of Communications to set up branch in Sydney. 2009 ... SYDNEY, July 30 (Xinhua) -- The Shanghai-based Bank of Communications has chosen Sydney for its ...
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www.bis.org
Glenn Stevens: Central bank communication (Central Bank ...
... by Mr Glenn Stevens, Governor of the Reserve Bank of Australia, to the Sydney ... I would like to talk about central bank communication. There are plenty of ...
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english.people.com.cn
Bank of Communications H1 profit beats estimates - People's ...
... lending surges 30%, profit flat in H1. China's Bank of Communications to set up branch in Sydney ... Bank of Communications expects 2 to 3 rate cuts for 2009 ...
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www.marketwatch.com
Asia mixed: Shanghai tumbles, Sydney advances - MarketWatch
... in Australia, HSBC Holdings and Bank of Communications in Hong Kong and DBS Group ... In Sydney, shares of National Australia Bank (ASX:AU:NAB) rose 2.3% and ...
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www.bluetuna.net
Tuna
The fish.
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www.earthtimes.org
Macquarie Bank's two funds buy Telefonica's British unit : UK ...
... to two funds managed by the Sydney-based Macquarie Bank for 2.982 billion euros. ... by the Sydney-based bank -- Macquarie Communications Infrastructure Group ...
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www.smh.com.au
Commonwealth draws line on STW - Business - Business - smh.com.au
Commonwealth Bank today finalises the demolition of its marketing communications unit, as part of a major restructuring which hands more power to companies within ...
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Description from Wikipedia:
Bank of Communications Limited (BoCom or BoComm) (; often abbreviated as 交行) was founded in 1908 (the 34th year of the Guangxu reign period, Qing Dynasty) and emerged as one of the first few major national and note-issuing banks in the early days of the Republic of China. It was chartered as "the Bank for developing the country's industries". In order to expand business to the overseas arena, the Bank opened its first Hong Kong Branch on 27 November 1934.
After the Chinese Civil War ended in 1949, the Bank of Communications, like the Bank of China, was effectively split into two operations, part of it relocating to Taiwan with the Kuomintang government. In Taiwan, the bank is also known as Bank of Transportation (交通銀行, Chiao Tung Bank). It has eventually merged with the International Commercial Bank of China (中國國際商業銀行), the renamed Bank of China in Taiwan after its 1971 privatization to become the Mega International Commercial Bank (兆豐國際商業銀行). The mainland operation is the current Bank of Communications.
Following the State Council's decision to restructure the Bank in 1986, the Bank was then restructured and re-commenced operations on 1 April 1987. Since then, its Head Office has been relocated from Beijing to Shanghai.
- Name:
- Bank of Communications Limited
- Type:
- Public
- Location:
- Shanghai, People's Republic of China
- Founded:
- 1908
- Industry:
- Finance and Insurance
- Key People:
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- Chaoliang Jiang, Chairman
- Jianguo Zhang, President
- Products:
- Financial services
- Revenue:
- $20.274 billion RMB (2007)
- No. of Employees:
- 68,083 (2007)
- Subsidiaries:
- BOCOM International, BOCOM Insurance, BOCOM Leasing, BOCOM Schroder
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