Bank of Communications

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Bank of Communications (BoCom) was founded in 1908 and today it is the sixth largest commercial bank in China with assets of CNY 8.403 trillion (US$1.2 trillion) as of December 31, 2016. With over 92,000 employees, BoCom provides a wide range of commercial and retail banking services through over 230 branches and 3,300 banking outlets nationwide as well as through overseas branches and offices in New York, San Francisco, Frankfurt, Hong Kong, Tokyo, Singapore, Seoul, Sydney, Macau, Ho Chi Minh, Taipei, London, Luxembourg, Paris, Brisbane, Rome and Toronto. The New York Branch was established in 1991 as federal-chartered wholesale banking institution dedicated to serving commercial and industrial business in the United States and promoting Sino-American trade. The Bank’s Board of Directors is composed of 16 directors, including 4 executive directors, 7 non-executive directors, and 5 independent non-executive directors. HSBC Holdings, the overseas strategic partner, holds close to a 20% interest in BoCom. As of April 2017, the company had a market capitalization of US$60 billion.

In June 2025 the bank completed the issuance of 14,101,057,578 new A shares at CNY 8.51 per share to the Ministry of Finance, China National Tobacco Corporation and China Doublewin Investment Co., Ltd., raising CNY 120 billion as part of the replenishment of core Tier 1 capital at large Chinese state-owned banks, and increasing the total share count from 74,262,726,645 to 88,363,784,223. As of December 31, 2025 the Ministry of Finance held 29.86% in A shares and a further 5.15% in H shares, about 35.01% in total; The Hongkong and Shanghai Banking Corporation Limited held 16.00%; the National Council for Social Security Fund held 3.51% in A shares and 9.54% in H shares; and Hong Kong Securities Clearing Company Nominees Limited held 8.75%.

 Top 10 shareholders (before the June 2025 share issuance)

Shareholder Shareholding percentage
Ministry of Finance 26.53% (A+H shares)
HKSCC Nominees Limited 20.12%
HSBC 18.70%
National Council for Social Security Fund 4.42% (A+H shares)
China Securities Finance Corporation 2.29
Capital Airports Holding Co 1.68%
Shanghai Haiyan Investment Management 1.09%
Wutongshu Investment Platform Co. 1.07%
Yunnan Hehe (Group) Co., Ltd. 1.00%
China FAW Group Corporation 0.89%

Head office address:
188 Yinchengzhong Road
Shanghai 200120, China
Phone: +86-21-95559
Website: www.bankcomm.com

Bocom UK Ltd
4th Floor, 1 Bartholomew Lane
London EC2N 2AX, UK
Tel: 0044(0)20-76147600

New York Branch
One Exchange Plaza, 55 Broadway
31st & 32nd Floor, New York, NY
Tel: 001-212-376-8030
SWIFT: COMMUS33
Website: www.bocomny.com

San Francisco Branch
575 Market Street, 38th Floor
San Francisco CA94105, USA

Frankfurt Branch
Neue Mainzer, Str. 75, 60311
Frankfurt am Main, Germany
Tel: 0049-69-6605890

Sydney Branch
Level 27, 363 George Street
Sydney, NSW 2000, Australia

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