Bank of Communications (OTCMKTS:BCMXY) Co., Ltd. is a major Chinese commercial bank that provides banking and financial services to businesses, individuals, government-related institutions and other organizations. Its principal activities include corporate banking, retail banking, institutional banking, investment banking, asset management, financial markets and treasury services.
The bank offers products such as deposits, loans, payment and settlement services, trade finance, wealth management, personal banking, credit cards and foreign-exchange services. Through affiliated businesses, it also provides services in areas including leasing, securities, insurance and fund management.
Founded in 1908, Bank of Communications is headquartered in Shanghai and is one of China’s long-established banking institutions. Its operations primarily serve customers throughout mainland China, while its overseas network supports cross-border business and includes locations in major international financial centers. The bank serves individual and commercial customers through branches, electronic banking platforms and other financial-service channels.
