Bank of Communications Co., Ltd.

HKSE 3328.HK

Bank of Communications Co., Ltd. Free Cash Flow for the year ending December 31, 2023: USD 12.64 B

Bank of Communications Co., Ltd. Free Cash Flow is USD 12.64 B for the year ending December 31, 2023, a -74.09% change year over year. Free cash flow is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
  • Bank of Communications Co., Ltd. Free Cash Flow for the year ending December 31, 2022 was USD 48.77 B, a 636.88% change year over year.
  • Bank of Communications Co., Ltd. Free Cash Flow for the year ending December 31, 2021 was USD -9.08 B, a -147.34% change year over year.
  • Bank of Communications Co., Ltd. Free Cash Flow for the year ending December 31, 2020 was USD 19.19 B, a 216.27% change year over year.
  • Bank of Communications Co., Ltd. Free Cash Flow for the year ending December 31, 2019 was USD -16.50 B, a -222.64% change year over year.
Key data
Date Free Cash Flow Operating Cash Flow Net Cash Used For Investing Activities Net Cash Used Provided By Financing Activities
Market news
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HKSE: 3328.HK

Bank of Communications Co., Ltd.

CEO Mr. Deqi Ren
IPO Date June 23, 2005
Location China
Headquarters 188 Yin Cheng Zhong Lu
Employees 94,275
Sector Finance
Industries
Description

Bank of Communications Co., Ltd. provides commercial banking products and services. The company offers personal banking products and services, including demand, time, call, withdrawal, foreign currency, swap management, and education deposits, as well as certificate of deposits; credit and debit cards; housing and personal loans; and wealth management products, and wealth management advisory and consulting services. It also provides corporate banking products and services, such as corporate time and demand structured deposits; cash management services, such as accounts receivable/accounts payable management, account management, liquidity management, and investment and financing management; financing, settlement, and risk management services; financing services; syndicated loans; overdrafts; investment banking services; offshore banking services, including forex deposit and loan, inter-bank loan, international settlement, forex trading and guarantee, business advisory, and other services; and precious metal leasing and commodity trading services. In addition, the company offers international banking services comprising corporate foreign exchange wealth management, import and export settlement, document settlement, remittance and bill, trade finance, and offshore banking services. Further, it provides treasury, asset management, trustee, insurance, financial leasing, debt-to-equity swap, and other financial services; trust investment, fund management, securities dealing and brokerage, and reinsurance services; and e-banking services. It has 245 branches and 3,025 banking outlets in Mainland China; 22 overseas branches and 68 overseas banking outlets, as well as representative offices in 17 countries. Bank of Communications Co., Ltd. was founded in 1908 and is headquartered in Shanghai, the People's Republic of China.

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StockViz Staff

January 15, 2025

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