Is Bank of Communications a state-owned bank or a joint-stock bank? Thank you.

Bank of Communications is a state-owned commercial bank and a state-owned joint-stock commercial bank.

Bank of Communications, founded in 1908, is one of the oldest banks in China and one of the note-issuing banks in modern China. 1 987 April1day, the newly established Bank of Communications officially opened to the outside world, becoming the first national state-owned joint-stock commercial bank in China, with its head office in Shanghai.

Bank of Communications was listed on the Hong Kong Stock Exchange in June 2005 and successfully listed on the Shanghai Stock Exchange in May 2007. Bank of Communications is one of the major financial service providers in China, covering commercial banks, securities, trusts, financial leasing, fund management, insurance and offshore financial services.

There are 235 domestic branches of Bank of Communications, including 30 provincial branches, 7 directly affiliated branches and 199 provincial branches. There are 7 non-bank companies in 239 cities above prefecture level, including wholly-owned subsidiaries, Bank of Communications Leasing, Bank of Communications Insurance, Bank of Communications Investment and Holding Subsidiary, Bank of Communications Fund, Bank of Communications Guo Xin, Bank of Communications Life Insurance and Bank of Communications International.

20 15 the State Council approved the deepening reform plan of Bank of Communications. Focusing on exploring the corporate governance mechanism of large commercial banks, implementing the reform of internal operating mechanism and promoting the transformation and innovation of business models, Bank of Communications has steadily pushed forward the implementation of deepening reform projects, gradually released the reform dividend, effectively stimulated the transformation momentum, and continuously improved the core development indicators.

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On the Historical Evolution of Bank of Communications

1, 1908 (thirty-four years of Guangxu), Bank of Communications was established. ?

2. After the founding of the Republic of China, the Bank of Communications was entrusted by the Central Bank to jointly undertake the revenue and expenditure of the national treasury and the issuance and exchange of the national currency with the Bank of China. 1928, the Legislative Yuan of the National Government passed the Regulations on Bank of Communications, and Bank of Communications became a specialized bank to help farmers and workers. When Bank of Communications was founded, its headquarters was located in Beijing.

3. 195 1 year, the head office of Bank of Communications moved back to Shanghai, and the Shanghai Bund 14 was stationed by the Shanghai Federation of Trade Unions. 1958 Except for the Hong Kong branch, the domestic business of Bank of Communications was merged into the local People's Bank of China and the Hong Kong Stock Exchange of China People's Construction Bank (now known as China Construction Bank) established on the basis of Bank of Communications: 0939.

4. In June, 2004, in the process of deepening financial reform in China, the State Council approved the overall plan of deepening the shareholding system reform of Bank of Communications, with the goal of turning Bank of Communications into a modern financial enterprise with perfect corporate governance structure, sufficient capital, strict internal control, safe operation, efficient service, strong international competitiveness and a century-old national brand.

5. From May 65438 to May 2007, Bank of Communications was listed on the Shanghai Stock Exchange with the stock code of 60 1328.

6.2065438+On February 25th, 2006, China Bank of Communications, China Industrial and Commercial Bank, China Agricultural Bank, China Bank and China Construction Bank China held a signing ceremony in Beijing.

7. The five major banks promise to waive the handling fee for domestic RMB transfer and remittance handled by customers through mobile banking, and waive the handling fee for domestic RMB online bank transfer and remittance for customers below 5,000 yuan, so as to reduce the expenses of customers.

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