Bank Of Communications Co Ltd operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bank Of Communications Co Ltd with three other
companies in this sector in CHINA :
POSTAL SAVINGS BANK of CHINA Co Ltd
sales of 465.66 billion Chinese Renmimbi [US$71.93 billion]
of which 37%
was Personal Banking),
Industrial Bank Co Ltd
(369.16 billion Chinese Renmimbi [US$57.02 billion]
of which 24%
was Headquaters), and
China Merchants Bank Co Ltd
(416.94 billion Chinese Renmimbi [US$64.40 billion]
of which 37%
was Retail Finance Business).
Bank Of Communications Co Ltd reported sales of 466.13 billion Chinese Renmimbi (US$72.00 billion)
December of 2020.
a very small
increase of 1.4%
versus 2019, when the company's sales were 459.54 billion Chinese Renmimbi.
This was the fourth straight year of sales growth at Bank Of Communications Co Ltd.
Sales of Personal Banking Business saw an increase
that was more than double the company's growth rate: sales were up
28.2% in 2020, from
88.69 billion Chinese Renmimbi to 113.73 billion Chinese Renmimbi.
Bank Of Communications Co Ltd also saw significant increases in sales in
Corporate Banking Business (up 10.1% to 115.33 billion Chinese Renmimbi)
Not all segments of Bank Of Communications Co Ltd experienced an increase in sales in 2020:
sales of Other Business fell 91.1% to 1.77 billion Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Bank Of Communications Co Ltd also experienced decreases in sales in
Treasury Business (down 18.9% to 15.89 billion Chinese Renmimbi)