Bank of Communications
In mainland China, Bank of Communications Ltd. is the fifth-largest bank. The Bank of Communications, which dates back to its founding in 1908, is one of the banks that have printed banknotes in contemporary Chinese history. It debuted on the Shanghai Stock Exchange in May 2007 and the Hong Kong Stock Exchange in June 2005. The Bank was placed No. 11 among the top 1,000 worldwide banks in terms of Tier 1 capital by the London-based publication The Banker and No. 151 among the Fortune Global 500 in terms of operating income.
Bank of Communications' market capitalization as of April 2023 is $53.28 billion. By market cap, this places Bank of Communications as the 302nd most valuable corporation in the world. The most recent financial reports for Bank of Communications show that the company's current revenue (TTM) is $42.11 billion. The corporation generated $41.53 billion in revenue in 2021, a rise from $35.75 billion in revenue in 2020.
Founded: 1908
Headquarters: Shanghai, China
Website: bankcomm.com