BOCOM eyes top insurer for growth

Bank of Communications (BOCOM), China's fourth-largest lender by market value, may launch its own insurance unit as early as this year as part of its efforts to become a financial conglomerate in the long run, sources said.

BoCom loans to SMEs to grow

Bank of Communications wants faster-than-average loan growth from small and medium enterprises this year as the bank seeks higher margins, its executive vice president said Wednesday.

BoCom widens areas to tap rich clients

The Bank of Communications will expand its high-end private banking services to five more cities on the Chinese mainland.

BoCom offers credit to airline

The Bank of Communications yesterday offered a credit line of 15 billion yuan (US$2.2 billion) to China Southern Airlines in a latest support to the country's ailing aviation industry.

BoCom allows existing home loan owners higher discount

Bank of Communications yesterday decided to clear the air over a mortgage policy that has vexed its existing clients who kept the bank staff busy answering their queries.