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Bank of Communications Co Ltd (3328.HK)

3328.HK on Hong Kong Stock

5.89HKD
22 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Bank Of Communications issues green financial bonds worth 20 bln yuan
Wednesday, 1 Nov 2017 05:45am EDT 

Nov 1(Reuters) - Bank Of Communications Co Ltd <601328.SS>:Says it issues green financial bonds worth 20 billion yuan, with term of 3 years and coupon rate of 4.29 percent ​.  Full Article

Bank of Communications' 9-mth net profit rmb ‍54,419​ mln vs rmb 52,578 mln
Friday, 27 Oct 2017 04:51am EDT 

Oct 27 (Reuters) - Bank Of Communications Co Ltd <601328.SS>:9-mnth net profit rmb ‍54,419​ million versus rmb 52,578 million a year ago.As at sept 30 2017, capital adequacy ratio ‍13.98​ percent versus 14.02 percent as at dec 31 2016.9-mnth net interest income rmb ‍94,837​ million versus rmb100,764 million.As at sept 30, impaired loans ratio ‍1.51​ percent versus 1.52 percent as at dec 31, 2016.Jan-Sept ‍net interest margin of group decreased by 34 basis points on a year-on-year basis to 1.57%​.  Full Article

Bank of Communications ‍obtains approval on issuance of green financial bonds​
Tuesday, 17 Oct 2017 05:48am EDT 

Oct 17 (Reuters) - Bank Of Communications Co Ltd <3328.HK>:‍Obtaining approval on issuance of green financial bonds​.‍Approved to issue green financial bonds with amount not exceeding RMB 20 billion in national inter-bank bond market of china​.  Full Article

Bank of Communications receives approval to establish BOCOM Financial Assets Investment Co from CBRC
Tuesday, 26 Sep 2017 05:57am EDT 

Sept 26 (Reuters) - Bank of Communications Co Ltd <3328.HK>:announcement approval on the establishment of Bocom Financial Assets Investment Co., Ltd .Bank is approved by CBRC to prepare and establish Bank Of Communications Financial Asset Investment Co., Ltd..  Full Article

China High Speed Transmission Equipment executes agreement with Bank of Communications
Tuesday, 26 Sep 2017 04:38am EDT 

Sept 26 (Reuters) - China High Speed Transmission Equipment Group Co Ltd <0658.HK>:Execution of comprehensive strategic cooperation agreement with bank of communications.Bank Of Communications agreed to provide general intentional credit lines in amount of RMB5 billion.  Full Article

Bank of Communications gets approval on qualification of executive vice president from regulatory authority
Friday, 8 Sep 2017 07:30am EDT 

Sept 8 (Reuters) - Bank of Communications Co Ltd <601328.SS>:Approval on qualification of executive vice president by regulatory authority.Wu Wei serves as executive vice president and chief financial officer of bank with effect from 7 September 2017.Bank obtained approval from CBRC in respect of qualification of Wu Wei as executive vice president.  Full Article

Bank of Communications to pay div for domestic preferred stock
Thursday, 31 Aug 2017 11:24pm EDT 

Sept 1 (Reuters) - Bank of Communications Co Ltd <601328.SS> ::* Says it plans to pay 3.9 yuan (tax-inclusive) per share as dividend for domestic preferred stock, on Sept. 7.  Full Article

Bank Of Communications proposes to distribute dividends for domestic preference shares
Thursday, 31 Aug 2017 06:05am EDT 

Aug 31 (Reuters) - Bank Of Communications Co Ltd <601328.SS>:Bank proposes to distribute dividends for domestic preference shares on 7 September 2017.Cash dividend payable to each preference share shall be RMB3.90, calculated at a dividend coupon rate of 3.90 pct for BOCOM Pref1.  Full Article

China's Bank of Communications expects net interest margin to stabilise in H2
Thursday, 24 Aug 2017 05:52am EDT 

Aug 24 (Reuters) - Bank of Communications Co <601328.SS>, <3328.HK>, China's fifth-largest listed state bank, said while releasing interim results::Net interest margin is expected to stabilise or possibly widen in the second half - Chief Financial Officer Wu Wei .  Full Article

Bank of Communications posts HY net profit attributable of RMB38.98 bln
Thursday, 24 Aug 2017 04:55am EDT 

Aug 24 (Reuters) - Bank Of Communications Co Ltd <601328.SS>:HY net profit attributable RMB38,975 million versus RMB37,661 million.HY net interest income RMB‍62,708​ million versus RMB68,148 million.As at June 30, capital adequacy ratio was 13.86 percent.As at June 30, impaired loans ratio was 1.51 percent.In second half of 2017, macroeconomic and financial environment appear to remain to be complex and uncertain.Will not distribute an interim dividend or convert any capital reserve into share capital for six months ended 30 June 2017​.In second half, interest rate spread will tend to become narrow and credit costs are expected to increase continuously.  Full Article

BRIEF-Bank Of Communications issues green financial bonds worth 20 bln yuan

* Says it issues green financial bonds worth 20 billion yuan, with term of 3 years and coupon rate of 4.29 percent ​