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Bank of Communications Co Ltd
XMUN:C4C

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Bank of Communications Co Ltd
XMUN:C4C
Lista de seguimiento
Precio: 0,8354 EUR Mercado cerrado
Capitalización de mercado: €62,04 B

Bank of Communications Co Ltd
Relación con Inversores

Bank of Communications Co Ltd es uno de los grandes bancos comerciales de China. Recibe depósitos, concede préstamos, emite tarjetas y gestiona pagos y la tesorería para particulares, pequeñas empresas y grandes compañías. También ofrece gestión de patrimonio, financiación del comercio, divisas y otros servicios bancarios cotidianos a través de sucursales, canales digitales y equipos de banca corporativa. El banco obtiene ingresos principalmente del margen entre lo que paga por los depósitos y lo que gana con los préstamos y otros productos de crédito. También percibe comisiones por servicios de pago, uso de tarjetas, gestión de activos, custodia, liquidación y servicios bancarios para empresas implicadas en comercio y financiación. Su base de clientes incluye ahorradores minoristas, prestatarios hipotecarios, prestatarios de consumo y clientes corporativos que necesitan financiación y servicios de transacción. Lo que distingue a Bank of Communications es su papel como un banco comercial de servicio completo vinculado al Estado con una amplia combinación de banca minorista y corporativa, además de fuertes enlaces con la infraestructura de pagos, comercio y mercados de capitales de China. Para inversores principiantes, es mejor entenderlo como una utilidad financiera: un negocio creado para captar depósitos, conceder crédito y mover dinero a lo largo de la economía.

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Última conferencia de resultados
Periodo fiscal
Q3 2019
Fecha de la conferencia
25 oct., 2019
Resumen con IA
Q3 2019

Revenue Growth: Net operating income for the first three quarters reached RMB 176 billion, up 11.6% year-on-year.

Profit Increase: Net profit rose to RMB 60 billion, up 4.69% from the previous year.

Margin Improvement: Net interest margin (NIM) was 1.57%, up 10 basis points year-on-year, with management expecting NIM to remain stable.

Cost Control: Cost-to-income ratio improved to 30.15%, down 1.34 percentage points.

Asset Quality: Nonperforming loan (NPL) ratio dropped to 1.47%, and NPL balance declined by 5.68%.

Loan Growth: Loans to small and micro enterprises rose 41.26%, and corporate loans increased 8.81%.

Wealth & Off-Balance Sheet Growth: Off-balance sheet wealth management grew by 27.6%; personal assets under management increased to over RMB 3 trillion.

Capital Moves: Issued RMB 40 billion in Tier 2 and perpetual bonds to support capital adequacy.

Datos financieros clave
Net Operating Income
RMB 176 billion
Net Profit
RMB 60 billion
Net Interest Income
RMB 106 billion
Net Interest Margin
1.57%
Cost-to-Income Ratio
30.15%
Nonperforming Loan Ratio
1.47%
Nonperforming Loan Balance
RMB 76.6 billion
Loan Growth to Small and Micro Enterprises
up 41.26% YoY
Corporate Loan Growth
up 8.81% YoY
Outstanding Personal Deposit
RMB 1.9 trillion
Personal AUM
over RMB 3 trillion
Off-Balance Sheet Wealth Management Growth
up 27.6%
Total Asset (Overseas Branches and Subsidiaries)
RMB 1.2 trillion
Total Consumption (Credit Card, First 3 Quarters)
RMB 2.1 trillion
Total Consumption (Pacific Debit Card, First 3 Quarters)
RMB 1.6 trillion
Tier 2 and Perpetual Bonds Issued
RMB 40 billion
Otras conferencias de resultados
2019

Dirección

Mr. Deqi Ren
Executive Chairman

Mr. Deqi Ren is a prominent Chinese banking executive currently serving as an executive officer at the Bank of Communications Co., Ltd., one of China's leading commercial banks. His career in the banking and finance sector is marked by significant contributions to the industry. Educated in finance and economics, Mr. Ren has accumulated extensive experience in various aspects of banking, including risk management, financial strategy, and corporate governance. Throughout his tenure, he has been instrumental in implementing strategic initiatives aimed at enhancing the bank's financial performance and competitive positioning in both domestic and international markets. Under Mr. Ren's leadership, Bank of Communications has focused on modernization and integration of digital technologies to improve service delivery and operational efficiency. His approach often emphasizes the importance of balancing traditional banking practices with innovative solutions to meet the evolving needs of customers. Moreover, Mr. Ren is known for his commitment to fostering a culture of sustainability and corporate social responsibility within the bank, aligning its operations with broader economic and social goals. His leadership style is typically described as visionary, with a strong focus on strategic foresight and long-term growth objectives.

Mr. Bin Qian
Executive VP & Chief Information Officer

Mr. Bin Qian serves as the Executive Vice President of Bank of Communications Co., Ltd., one of China's major banking institutions. He holds a significant role within the bank's leadership, contributing to strategic planning and operational management. Bank of Communications, headquartered in Shanghai, is known for its comprehensive financial services, including corporate banking, personal banking, and international banking. Mr. Qian's experience in the banking sector and his role in the bank underscore his influence in shaping the organization's growth and adherence to financial regulations. His contributions are instrumental in driving the bank's mission to deliver innovative financial solutions and maintain a robust presence in the global financial market.

Mr. Sheng Gu
GM of HR Department
No hay biografía disponible
Mr. Hong Tu
Chief Business Officer of Inter-bank & Market Business Sector and President of Shanghai Branch

Hong Tu serves as the Executive Vice President of Bank of Communications Co. Ltd., one of China's largest commercial banks. He has been instrumental in driving the bank's strategic initiatives and enhancing its financial performance. Tu has a strong background in banking and finance, with extensive experience in risk management, retail banking, and corporate governance. His leadership has been pivotal in expanding the bank's global presence and innovations in digital banking services. Additionally, Tu has played a crucial role in fostering collaboration and growth across various sectors within the bank.

Mr. Jiuyong Yin
EVP & Executive Director

Jiuyong Yin is a key executive at Bank of Communications Co., Ltd., one of China's major financial institutions. He serves as the Executive Vice President of the company, playing a crucial role in the bank's strategic and operational management. Yin holds significant responsibilities in overseeing various aspects of the bank's functions, including risk management, compliance, and day-to-day operations. He has a wealth of experience in the banking sector, with a career that spans numerous important roles, which have equipped him with deep expertise and understanding of both domestic and international banking landscapes. Yin's leadership is instrumental in driving the bank's performance and innovation in financial services. Under his guidance, Bank of Communications has been focusing on enhancing its technological capabilities and expanding its financial product offerings, aiming to bolster its competitive position in the increasingly digital economy. Jiuyong Yin's contributions are pivotal in steering the organization towards achieving its growth and modernization objectives within the financial industry.

Mr. Wanfu Zhou
Executive Director

Wanfu Zhou is a distinguished banking executive associated with Bank of Communications Co., Ltd., one of China's leading financial institutions. Known for his expertise in the banking sector, Mr. Zhou has played a critical role in the strategic initiatives and operations of the bank. His leadership is marked by a strong focus on innovation, digital transformation, and enhancing customer services, which aligns with the bank's goals of modernization and global competitiveness. Throughout his tenure, Mr. Zhou has been instrumental in steering various projects that aim to strengthen the bank's market position both domestically and internationally. His work continues to contribute significantly to the bank’s growth and its efforts to adapt to the rapidly evolving financial landscape.

Mr. Hua Lin
Chief Business Officer of Retail & Private Business Sector

As of the latest available information, Mr. Hua Lin serves as a senior executive at Bank of Communications Co., Ltd., one of China's leading financial service providers. He plays a pivotal role in the bank's strategic and operational management, leveraging his extensive experience in the banking industry. Throughout his career at the bank, Mr. Lin has been instrumental in overseeing various divisions and implementing key initiatives that align with the bank's objectives for growth and stability. His leadership contributes significantly to the bank's efforts in enhancing customer service, expanding digital offerings, and maintaining a robust financial performance within both domestic and international markets. Details on his educational background or previous roles outside of Bank of Communications are not widely publicized.

Contactos

Dirección
SHANGHAI
Shanghai
No. 188 Yincheng Middle Road, Pudong New Area
Contactos
+862158766688.0
www.bankcomm.com
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