Trade BANKCOMM - 3328 CFD

Bank of Communications Co., Ltd. Company profile

About Bank of Communications Co., Ltd.

Bank of Communications Co Ltd mainly provides banking and related financial services. The Bank's businesses are divided into four segments: Personal Finance Business segment, Corporate Finance Business segment, Capital Business segment and Other Businesses segment. Personal Finance Business segment mainly include personal loans, retail deposits, credit cards and remittances. Corporate Finance Business segment mainly include corporate loans, bills, trade financing, corporate deposits and remittances. Capital Business segment mainly include money market fund borrowing and buying, investment securities, and selling securities under sell repurchase agreements.

Financial summary

BRIEF: For the nine months ended 30 September 2021, Bank ofCommunications Co., Ltd. interest income increased 1% toRMB279.88B. Net interest income after loan loss provisionincreased 8% to RMB66.82B. Net income applicable to commonstockholders increased 25% to RMB62.61B. Net interestincome after loan loss provision reflects increase ininterest earning assets and decrease in interest bearingliabilities.

Equity composition

IPO: 6/23/05, 292,782,000 shares @ HK$1.95-HK$2.55 byGoldman Sachs and HSBC. 06/2010, Rights Issue, 1.5 newshares for every 10 shares held @ HKD 5.14 (Factor:1.053844 for H share and 1.039971 for A share) . 07/2011,Scrip Issue, 1 new shares for every 10 shares held.07/2011, 10% Stock dividend (A share Factor: 1.1).