Bank of communications (f•λull name: the bank of communic>¥®ations co., LTD.) was founded in ββ1908, which is the continua♥λ∞÷tion of the oldest andו'$ the most ancient bank in China since modern timeδ $'s, and it is also one of the note-issuing banks >→in modern China. Now, ♣<it is one of the five major state-ownedγ€γ banks in China.
Bank of communications is one of the ←←×"main comprehensive financial services provi♠♦®÷ders in China, and is to becom™πe the international large bank÷↔↑ group across the market and the world witσ±h a commercial bank as main bodyβΩ, and its business scope cover>¥s many other fields such as commercial banks, iα↑✔nvestment banks, securities, trust↔©, financial leasing, offshore finan☆÷₹cial services, fund management♣₩λ and insurance.
In 1987, it was rebuilt as t•→€↔he first joint-stock commeε₩rcial bank, respectively in 2¥≤005 and 2007 successiv÷♥→♥ely listing in Hong Kong and Shanghai, €¥♥"and it is the first state-owned large listed ove✘♠εrseas commercial bank. The mini¥☆÷ stry of finance of the P×♣εeople's Republic of Chi <φna, Hong Kong and Shanghai banking corporatio☆πn limited ordinance, the social securit±÷×φy fund council are the top three sharehβ×olders of bank of communica®∞σ≤tions, they hold 59.44% stakes. The wholly owned subsidiaries of ban≤αk of communications iγγnclude Guoxin, insur♠↓ance and financial l®₽₩easing of bank of communications, and the hold↑←✔ing subsidiaries include village banks oα♠♦"f bank of communications. In add↔↕♥ition, the bank of communications is the ±×γ±largest shareholder of Jia★ ngsu Changshu rural commercial bank, ←π↑and it is the first parallel big ™↕shareholder of Tibet bank.
