BANK OF COMMUNICATIONS

Founded in 1908, Bank of Communications (BoCoM) is a time-honored financial brand in China and Worldwide. The bank is the one of the oldest banks in China and one of the earliest note issuing banks in modern China. In 2016, the bank group was honored in FORTUNE’s “Top 500 Global Companies” for eight consecutive years, and ranked No. 153 in terms of revenue, up by 37 ranks as compared with the previous year. The bank group ranked No. 13 among the global top 1,000 banks in terms of Tier 1 Capital rated by The Banker, up by 4 ranks as compared with the previous year and ranked top 20 among global banks in three consecutive years. The bank group ranked No. 1 in China Retail Banking Satisfaction study for three years in a row. Bank of Communications Ho Chi Minh City Branch celebrated its grand opening on 28th February 2011. The branch is mainly engaged in conducting wholesale business and providing financial services for enterprises and public institutions, and also support personal banking services. The business covers: bank deposits, money remittances, loans, and non-trade settlements, bank guarantees, financial management.