Sunday, November 29, 2020
Tags Bank of Communications

Tag: Bank of Communications

Bank of Communications Completes First Offshore Issuance of Perpetual Bond by a Chinese Bank

Big state-owned lender Bank of Communications (BOCOM) has become the first Chinese bank to issue perpetual bonds offshore.

Fintech Means Banks Are No Longer Each Other’s Only “Competitive Adversaries”, Blockchain Is a Huge Shock: BOCOM Chief

The head of one of China's big six state-owned banks has highlighted the competitive threat posed by non-traditional lenders in the era...

BOCOM Brings Chinese Banking Sector Fintech Subsidiaries to 12 in Total

Bank of Communications (BOCOM) has become the latest big state-owned lender in China to establish its own fintech vehicle, bringing the number...

Internationalisation of the Renminbi Will Require Digitisation: BOCOM Head Liu Jun

The head of one of China's big state-owned banks said that digitisation of the renminbi will be a necessary part of efforts...

Bank of Communications Enters Strategic Cooperative Agreement with Sichuan Big Data Centre

One of China's big state-owned banks has entered a strategic agreement with a provincial big data provider, in a move which has...

Veteran of China’s Postal Service Tapped to Head Big State-owned Bank CCB

The top ranks of China's big state-owned banks are about to undergo a significant reshuffle, with a senior exec from Bank of...

PBOC’s Credit Reference Centre Enters Cooperative Agreement for Accounts Receivable Financing Platform

The Chinese central bank's credit agency has announced that it will work with three of China's leading banks on the operation of...

Bank of Communications Becomes Fifth Big State-owned Lender to Grab Privately Offered Fund License

Five of China's six big state-owned banks have grabbed licenses from regulators for their debt-equity conversion vehicles to operate privately offered investment...

48-Year-Old Liu Jun Appointed President of Bank of Communications, Youngest Head of State-owned Bank

The Bank of Communications has appointed the youngest ever head of a big state-owned bank in China.

Bank of Communications Valued at USD$110 Billion by HSBC, over Twice Current Market Capitalisation

Figures from HSBC indicate that one of China's big six state-owned banks is still grossly undervalued by the market.

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Bank of Chengdu Launches New “Cloud Converted” Data Centre, Provides AI Customer Service in Sichuanese Dialect

Sichuanese province lender Bank of Chengdu has announced the launch of a new "cloud converted" data centre."

Bank of Communications Completes First Offshore Issuance of Perpetual Bond by a Chinese Bank

Big state-owned lender Bank of Communications (BOCOM) has become the first Chinese bank to issue perpetual bonds offshore.

Liu He Sheds Light on China’s Dual Circulation Development Strategy

One of China's senior-most economic policymakers has written an essay for the People's Daily that sheds light on the goals and priorities...

International Forecasters Upbeat on Chinese GDP Growth in 2020, 2021

Leading international forecasters anticipate comparatively robust growth for the Chinese economy in 2020 amidst the impacts of the COVID-19 pandemic.