Bank of Communications Chenzhou Wuling Branch officially opened on April 11, 2012
Finance serves for the economy, Bank of Communications Chenzhou Wuling Branch opened on April 11, 2012 and became the new blood of the Wuling Square Finance Circle. Up to now, there are already 12 finance institutions around Wuling Square including 5 State-owned Commercial Bank: Bank of China, Agriculture Bank of China, Industrial and Commercial Bank of China,China Construction Bank and Bank of Communications, which would boost the economic and social development of Chenzhou.
There were nearly hundred guests from all walks of life that included the City Finance Office, the Central Branch of People's Bank of China and the CBRC Hunan Office Branch Chenzhou. Bank of Communications Chenzhou Wuling Branch is the second branch network of Bank of Communications Chenzhou. At the same time, Bocom Chenzhou placed many ATM around the city, and the service network was already initially formed with the high speed in less than one and half years.
Links: Bocom was established in 1908, which is one of the four banks in the early China. Bocom is one of the five state-owner banks and it is also the first state-owner stock bank which is directly under the control of the State Council. It has more than 2,600 networks and overseas branches. Bocom ranks 379 in Fortune 500 with the operating income in 2011, ranking 35 in one-level capital and 24 in the pretax profit in the Banker 1000 and ranking 96 in Forbes 2000.
Since the Bank of Communications Chenzhou Branch was established in December 2010 , with the inspiring spirit of "special ability to endure hardship to fight, special ability to endure hardship to devote" and the help and support from Chenzhou Municipal, Chenzhou government and the other walks of life, the cumulative credit has reached more than 2 billion, the loan more than 600 million and the credit projects more than 30 till the end of March this year.