Year
|
Milestone
|
| 1934 |
Bank of Communications Co., Ltd. Hong Kong Branch ("Bank of Communications Hong Kong Branch") is the first overseas branch of Bank of Communications Co., Ltd. ("BoCom"). On 27 November, 1934, it commenced business and focused mainly on trade finance and remittance businesses with the branch at Prince's Building, Ice House Street, Central
|
| 1959 |
The first office commenced business at Yau Ma Tei (later renamed as Kowloon Sub-branch)
|
| 2004 |
Acting in line with Renminbi ("RMB") internationalization, Bank of Communications Hong Kong Branch became one of the first banks to offer a number of RMB services including comprehensive RMB deposits, exchange and remittance as well as club deposit services
|
| 2009 |
Bank of Communications Hong Kong Branch was appointed as the Joint Lead Manager and Bookrunner for the first issue of RMB Sovereign Bond in Hong Kong. It has also been the sole Issuing and Lodging Agent for institutional investors in the issuance of RMB Sovereign Bond for 11 consecutive years;
Bank of Communications Hong Kong Branch was one of the first few banks to participate in the pilot scheme for RMB Settlement in cross-border trade transaction, and successfully completed the first ever cross-border RMB settlement deal
|
| 2012 |
Bank of Communications Hong Kong Branch distributed the first RMB Qualified Foreign Institutional Investor (RQFII) fund in Hong Kong exclusively
|
| 2016 |
Bank of Communications Hong Kong Branch was designated as one of the Primary Liquidity Providers (PLPs) for offshore RMB market in Hong Kong by Hong Kong Monetary Authority
|
| 2017 |
Bank of Communications Hong Kong Branch was one of the first few banks to participate in Bond Connect
|
| 2018 |
Bank of Communications Hong Kong Branch, the sole Issuing and Lodging Agent as well as the Fiscal Agent, successfully assisted the People's Bank of China in the issuance of RMB Bills in Hong Kong for the first time
|
| 2019 |
BoCom established "Asia Pacific Syndicated Loan Centre" in Hong Kong;
Bank of Communications Hong Kong Branch successfully issued the "Guangdong-Hong Kong-Macau Greater Bay Area" themed bonds in RMB, Hong Kong dollar and US dollar with different maturity dates in the offshore market
|
Updated: 5th October, 2020
Offshore Financing with Guarantee from PRC
Offshore Guarantee for Financing in PRC
