Английская Википедия:Bank of Communications
Шаблон:Short description Шаблон:Use dmy dates Шаблон:More citations needed Шаблон:Infobox company
Bank of Communications Co., Ltd. (BOCOM) (Шаблон:Zh; often abbreviated as Шаблон:Zh), is the fifth-largest bank in mainland China.
Established in 1908, the Bank of Communications claims a long history in China and is one of the banks to have issued banknotes in modern Chinese history. It was listed on the Stock Exchange of Hong Kong in June 2005[1] and the Shanghai Stock Exchange in May 2007.[2] The Bank was ranked No. 151 among the Fortune Global 500 in terms of operating income and No. 11 among the global top 1,000 banks in terms of Tier 1 capital rated by the London-based magazine The Banker.[3]
History
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.[4] The Bank of Communications was formed in 1908 and provided more than half of the financing needed to buy the railway.[5] 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.[6][7]
In order to expand the business overseas, the Bank opened its first Hong Kong branch on 27 November 1934.
After 1949
Republic of China
After the Chinese Civil War ended in 1949, the Bank of Communications, like the Bank of China, was effectively split into two operations, with part of it relocating to Taiwan with the Kuomintang government. In Taiwan, the bank was also known as the Bank of Communications (Шаблон:Zh; Chiao Tung Bank).[8] It eventually merged with the International Commercial Bank of China (Шаблон:Lang), the renamed Bank of China in Taiwan after its 1971 privatization, to become the Mega International Commercial Bank.
People's Republic of China
The mainland operation is the current Bank of Communications. Following the State Council's decision to restructure the Bank in 1986,[9] the Bank was then restructured and re-commenced operations on 1 April 1987.Шаблон:Citation needed Since then, its Head Office has been located in Shanghai.[9]
Today
Today, the Bank of Communications is among the top 5 leading commercial banks in China and has an extensive network of over 2,800 branches covering over 80 major cities. Apart from Hong Kong, the Bank has also established overseas branches in New York, Tokyo, Singapore and representative offices in London and Frankfurt. As of end-2002, the Bank had over 88,000 employees and a total asset reaching RMB 5.15 trillion.
Bank of Communications currently possesses 236 domestic organs, including 30 provincial branches, 7 directly managed branches, 199 sub-branches managed by the provincial branches, with 3,529 network organs in over 239 large- and medium-sized cities. In addition, it has established 21 overseas organs including branch banks in Hong Kong, New York, San Francisco, Tokyo, Singapore, Seoul, Frankfurt, Macau, Sydney, and Ho Chi Minh City, BOCOMUK in London, and a representative office in Taipei.[10] According to the ranking announced by the British journal "The Banker" concerning 1,000 worldwide banks in 2011, Bank of Communications ranked 35th for its tier l capital, entering the world's top 50 banks for two consecutive years. Among the World's Top 500 Enterprises listed by Fortune in 2018, Bank of Communications ranked 168th., up by 3 as compared with 2017 and entering the World's Top 500 Enterprises for ten straight years.[11] Bank of Communications is one of the major financial service suppliers in China with its business scope covering commercial banking, securities, trust, financial leasing, fund management, insurance, offshore financial services, etc.
Events in 2005
Шаблон:As of, 19.9% of the bank is owned by Hsbc holdings plc. An HSBC spokeswoman said HSBC and its affiliate, the Bank of Communications, would seek to acquire a brokerage to expand their operations in China. The plan was part of HSBC's broader China expansion strategy, but "there is nothing further to disclose at the present." HSBC's operations in China include its own banking operations, its stake in BoCom, and an 8% stake in the Bank of Shanghai. HSBC also holds a 19.9% shares in Ping An Insurance through its wholly-owned subsidiary HSBC Insurance Holdings. The South China Morning Post cited Peter Wong Tung-shun, executive director at The Hongkong and Shanghai Banking Corporation, as saying that the acquisition is being considered in the light of the Chinese government's reforms of the country's securities brokerages. This includes a provision allowing foreign companies to get management control of brokerage firms. Wong did not provide a timetable for any acquisition or identify any acquisition target. The Hongkong and Shanghai Banking Corp is a wholly owned HSBC subsidiary.
Events in 2015
On 22 July 2015, Bank of Communications sold $2.45 billion (about 14.93 billion yuan) of Basel III compliant bonds (convertible to preferred stock) "used to replenish the bank’s additional Tier 1 Capital." The bond is registered on the Hong Kong stock exchange and pays a coupon of 5 percent a year.
| Rank | Name | Number of shares | % | Footnotes |
|---|---|---|---|---|
| 1 | The Ministry of Finance, excluding subsidiaries | 19,702,693,828 | 26.53 | A + H shares, government entity |
| 1.1 | Shanghai Haiyan Investment Management | 808,145,417 | 1.09 | A shares, state-owned enterprise |
| 1.2 | Yunnan Hehe Group | 745,305,404 | 1.00 | A shares, state-owned enterprise |
| 2 | HSBC (and its subsidiaries) | 14,147,386,095 | 19.05 | H shares |
| 3 | National Social Security Fund | 10,919,909,783 | 14.70 | A + H shares, government entity |
| 4 | China Securities Finance | 1,698,194,809 | 2.29 | A shares, state-owned enterprise |
| 5 | Capital Airport Holding | 1,246,591,087 | 1.68 | A shares, state-owned enterprise |
| 6 | Wutongshu Investment Platform | 794,557,920 | 1.07 | A shares, state-owned enterprise |
| 7 | FAW Group | 663,941,711 | 0.89 | A shares, state-owned enterprise |
| Total | 50,726,726,054 | 68.3 |
- Note: H shares trustee: HKSCC Nominees Limited was excluded in the table
See also
- Philippine Bank of Communications
- Bank of Communications (Hong Kong)
- Communications Clique
- Banking in China
References
External links
Шаблон:Navboxes Шаблон:HSBC Group
- ↑ Bank of Communications to list in HK June 23, China Daily 2005-06-13. Retrieved 2018-06-03
- ↑ Шаблон:Cite news
- ↑ Bank of Communications 2019 Annual Report
- ↑ Шаблон:Cite book
- ↑ Шаблон:Cite book
- ↑ Шаблон:Cite encyclopedia
- ↑ Шаблон:Cite journal
- ↑ Шаблон:Cite news
- ↑ 9,0 9,1 Шаблон:Cite press release
- ↑ Шаблон:Cite web
- ↑ Шаблон:Cite web
- ↑ Шаблон:Cite web
- Английская Википедия
- Страницы с неработающими файловыми ссылками
- Bank of Communications
- Companies listed on the Shanghai Stock Exchange
- Companies in the CSI 100 Index
- Companies listed on the Hong Kong Stock Exchange
- Banks of China
- Banks based in Shanghai
- Chinese brands
- Companies in the Hang Seng Index
- H shares
- HSBC
- Banks established in 1908
- Chinese companies established in 1908
- Re-established companies
- Government-owned banks of China
- Страницы, где используется шаблон "Навигационная таблица/Телепорт"
- Страницы с телепортом
- Википедия
- Статья из Википедии
- Статья из Английской Википедии
