1934 |
Opened at Prince’s Building, Ice House Street, Central, the Hong Kong Branch focused mainly on trade finance and remittance business with a total staff of 36 |
1959 |
The first office commenced business at Yau Ma Tei (later renamed Kowloon Sub-branch) |
1981 |
Bank of Communications Trustee Limited was established |
1985 |
The Hong Kong Branch moved from Prince’s Building to Wheelock House, Pedder Street, Central, now becoming the main office of the Hong Kong Branch |
1991 |
Phone banking service was launched |
1999 |
BCOM Securities Company Limited was established (the predecessor of BOCOM International Holdings Company Limited) |
2000 |
Bank of Communications Trustee Limited became one of the first batch of financial institutions which launched MPF business |
2001 |
China Communications Insurance Company Limited was established; E-banking service was launched |
2002 |
Bank of Communications Charitable Foundation Limited was established |
2004 |
Acting in line with RMB internationalization, the Hong Kong Branch became one of the first batch of banks to launch various RMB services including comprehensive RMB deposit, exchange and remittance as well as club deposit services |
2005 |
Bank of Communications Co., Ltd. became the first Mainland Chinese commercial bank listed on the Stock Exchange of Hong Kong (Stock Code: 3328.HK); “BComBEST Services” was revamped to be a more professional branded service |
2006 |
Hong Kong Branch’s first Pacific Credit Card was issued |
2007 |
Bank of Communications Co., Ltd. became a Hang Seng Index constituent stock; “BOCOM FORTUNE” service was launched in Hong Kong and Mainland China at the same time |
2008 |
The Bank issued RMB-denominated bond in Hong Kong for the first time, becoming one of the first batch of Mainland Chinese financial institutions to issue offshore RMB bonds in Hong Kong |
2009 |
The Hong Kong Branch was appointed as the Joint Lead Manager and Bookrunner for the first issue of RMB Sovereign Bond in Hong Kong; The Hong Kong Branch became one of the first batch of participating banks in the pilot scheme of the RMB Settlement of Cross-Border Trade Transactions, and successfully completed the first transaction |
2010 |
The Hong Kong Branch continued to participate in the offering of the RMB Sovereign Bond in Hong Kong. Apart from acting as the Joint Lead Manager and Bookrunner for the retail tranche, the Hong Kong Branch was also appointed as the sole Issuing and Lodging Agent for the issuance of institutional tranche through Hong Kong Monetary Authority’s Central Moneymarkets Unit, which was an innovation in the Hong Kong RMB bond market; The Bank launched “OTO FORTUNE Private Banking Service”, becoming the first state-owned commercial bank in Hong Kong providing private banking service; Mobile banking service was launched |
2011 |
China UnionPay HKD-RMB Dual Currency Credit Card was launched |
2012 |
The Hong Kong Branch distributed the first Renminbi Qualified Foreign Institutional Investor (RQFII) fund in Hong Kong exclusively; The Hong Kong Branch became one of the first batch of Hong Kong-based banking institutions joining the cross-border RMB loan programme in the “Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone” |
2013 |
The Hong Kong Branch joined as one of the Founding Shareholders of OTC Clearing Hong Kong Limited, a clearing house established by Hong Kong Exchanges and Clearing Limited in 2013; BOCOM Asset Custody Business Center (Hong Kong) was established; The Bank was the first Mainland Chinese corporation to issue bond in Taiwan |
2014 |
The Hong Kong Branch celebrated its 80th anniversary |
2015 |
BOCOM Asset Management Business Centre (Hong Kong) and BOCOM Global Markets (Hong Kong) were established |
Updated: 10 June, 2015