Key Developments: Bank of Communications Co Ltd (3328.HK)

3328.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Bank of Communications announces change of accounting policy
Wednesday, 29 Oct 2014 08:00pm EDT 

Bank of Communications Co Ltd:Changed accounting policy based on new accounting standards released by Ministry of Finance, effective July 1.  Full Article

Bank of Communications issues Tier-2 capital bonds
Wednesday, 8 Oct 2014 08:00pm EDT 

Bank of Communications Co Ltd:Completed issue of Tier-2 capital bonds worth $1,200 million on Oct. 3.The bonds terms of 10 years and coupon rate of 4.5 pct.  Full Article

Bank of Communications issues Tier-2 capital bonds
Tuesday, 19 Aug 2014 08:00pm EDT 

Bank of Communications Co Ltd:Completed issue of Tier-2 capital bonds worth 28,000 million yuan on Aug. 18.The bonds terms of 10 years and coupon rate of 5.8 pct.  Full Article

Bank of Communications Co Ltd announces 2013 dividend payment date
Thursday, 3 Jul 2014 08:00pm EDT 

Bank of Communications Co Ltd:To pay cash dividend of 2.6 yuan per 10 shares (before tax) to shareholders of A shares of record on July 10 for 2013.The company's shares will be traded ex-dividend on July 11 and the dividend will be paid on July 11.  Full Article

Bank of Communications Co Ltd to set up representative office in Rio de Janeiro
Thursday, 22 May 2014 08:00pm EDT 

Bank of Communications Co Ltd:Agree to set up representative office in Rio de Janeiro.  Full Article

Bank of Communications Co Ltd proposes change of auditors
Friday, 9 May 2014 04:31am EDT 

Bank of Communications Co Ltd:Will not reappoint Deloitte Touche Tohmatsu and Deloitte Touche Tohmatsu CPA LLP at the AGM.To propose the appointment of PricewaterhouseCoopers as the international auditor and PricewaterhouseCoopers Zhong Tian LLP as the domestic auditor of the Bank for the year 2014.  Full Article

Bank of Communications to set up branch in Brisbane
Tuesday, 29 Apr 2014 08:00pm EDT 

Bank of Communications Co Ltd:Agreed to set up branch in Brisbane.  Full Article

Bank of Communications Co Ltd announces renewal of agreement with HSBC
Tuesday, 29 Apr 2014 06:23am EDT 

Bank of Communications Co Ltd:Bank and HSBC renewed agreement on April 29 for term of three years commencing from June 1 and expiring on May 31, 2017.Agreement engaged in various kinds of transactions in normal course of banking business with members of the HSBC Group.  Full Article

Bank of Communications announces change in accounting policy
Sunday, 30 Mar 2014 08:00pm EDT 

Bank of Communications Co Ltd:Agreed to change accounting policy related to employee compensation for welfare benefit plan after retirement.  Full Article

Bank of Communications Co Ltd announces FY 2013 dividend payment
Sunday, 30 Mar 2014 08:00pm EDT 

Bank of Communications Co Ltd:To pay cash dividend of 0.26 yuan per share (before tax) to shareholders for the fiscal year 2013.  Full Article

UPDATE 2-China banks' bad loans surge, credit crunch could spread west

* China banks set for weakest performance among Asia peers (Rewrites, adds ICBC results, fears over rising bad loans in west)

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