HK:1551 Guangzhou Rural Commercial Bank Co., Ltd

Guangzhou Rural Commercial Bank Co., Ltd. provides banking and related financial products and services. It operates through four segments: Corporate Banking, Retail Banking, Financial Market Business, and Others. The company offers personal deposits, including demand, call, time, and fixed deposits; personal cheques; personal consumption and mortgage loans; credit cards; and personal finance products. It also provides institutional call, agreement, time, and demand deposits; corporate financing and credit, such as house development, project, working capital, commercial property mortgage, and fixed asset project loans; international payment and remittance services; and intermediary, trade, and SME financing services. In addition, the company offers investment banking services; short, medium, and long term loans; and domestic and international settlements, bill acceptance and discounting, etc. Further, it provides money market placements, investments and repurchasing, and foreign exchange transaction services; inter-bank placements; debit and credit cards; payment collection and insurance agency, safe locker, advisory, and attestation services; and agency services for issuing/redemption and underwriting of government securities. Additionally, the company trades in government and financial bonds; engages in bill, fixed-income, wealth management, and institutional banking activities; and provides Internet, telephone, SMS, mobile, WeChat, self-service, and VTM banking services. As of December 31, 2017, it had a total of 626 outlets, including 618 outlets in Guangzhou; 5 branches in Foshan, Qingyuan, Heyuan, Zhaoquing, and Zhuhai, Guangdong province; and 2,420 automated teller machines, as well as 838 self-service inquiry terminals. The company was formerly known as Guangzhou Rural Credit Cooperative Unions and changed its name to Guangzhou Rural Commercial Bank Co., Ltd. The company was founded in 1951 and is headquartered in Guangzhou, the People's Republic of China.

2.98 HKD
As of 12/07/2021


Security Information
Category1:  Global Equity
Category2:  Common stocks
Category3:  Emerging markets
GICS sector:  Financials
Industry:  Banks-Regional
Index country:  China
Country of incorporation:  China
IPO date:  06/20/2017
Stock exchange:    Hong Kong Exchange
Exchange country:   Hong Kong
Market cap:   29,326,722,931 HKD
Current dividend yield:   6.76%
CUSIP:    Y2933H103
ISIN:        CNE100002FR4
Sedol:      BF2B3M8

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