The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms & Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.
China Securitization Awards

Most innovative bank 2021

Bank of Communications

Bank of Communications has led or jointly led many landmark deals in China since it received its first ABS underwriting licence in 2013, and its peers, including foreign firms, have noticed.

“Among the banks, BoCom is very advanced in terms of innovation, and I’ll always choose to work with them,” says a banker at an international rival.

That validation is reflected in the kinds of deals and clients BoCom worked with during Asiamoney’s awards period, as it continued to bring new originators, products and structures to the market. These included two green deals supporting China’s ambitious climate initiatives. Beijing has promised the country will reach peak carbon emissions by 2030 and become carbon neutral by 2060.

One of the green deals was an asset-backed note (ABN) issued in March 2021 by Nanjing Public Transportation (Group) Co, where BoCom was the joint lead underwriter. The Rmb1.7 billion ($267 million) transaction is expected to contribute to an annual reduction of carbon dioxide emission of 1.07 million tonnes and of carbon monoxide emissions of 40.84 tonnes, while saving 505,000 tonnes of coal.

BoCom was the lead bank on China Three Gorges Renewables (Group) Co’s Rmb1.115

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree