|Nov 21, 2017|
|Nov 21, 2017|
Currency in HKD
|Full time employees:||362,482|
China Construction Bank Corp. engages in the provision of a wide range of financial services to corporate and personal customers. It operates through the following business segments: Corporate Banking, Personal Banking, Treasury, and Others. The Corporate Banking segment provides a range of financial products and services to corporations, government agencies and financial institutions, which comprises of corporate loans, trade financing, deposit taking and wealth management services, agency services, financial consulting and advisory services, cash management services, remittance and settlement services, custody services, and guarantee services. The Personal Banking segment provides personal loans, deposit taking and wealth management services, card business, remittance services, and agency services to individual customers. The Treasury segment represents inter-bank money market transactions, repurchase and resale transactions, investments in debt securities, and trade of derivatives and foreign currency. The Others segment refers to equity investments and revenues, results, assets and liabilities of overseas branches and subsidiaries. The company was founded in October 1954 and is headquartered in Beijing, China.
China Construction Bank (CCB) is one of China's four major state-owned banking institutions. Established in 1954, its original name was the People's Construction Bank of China.
The bank was originally under the wing of the Ministry of Finance and provided funding in accordance with government plans to build infrastructure. In 1979, it went under the control of the state council and began to serve as a commercial bank as well. It got its current name in 1996.
The bank has major clients among large state-owned enterprises in infrastructure sectors including the electric power, telecommunications, oil, natural gas and construction industries. It listed its stock on the Hong Kong Stock Exchange in 2005 and on the Shanghai Stock Exchange in 2007.
The bank now serves large numbers of retail customers and small and midsize businesses. As of the end of 2014, it had 14,856 branch offices in China. Its corporate customers number 3.48 million and retail customers 314 million. It ranks second in China's banking industry next to Industrial and Commercial Bank of China.
The bank is actively expanding its business abroad, operating branch offices in Hong Kong, Macau, Singapore, Frankfurt, New York and Sydney. It has founded banking units in Britain, Russia and Dubai, which serve Chinese and other customers operating locally.
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- Local currency
- US Dollar
|Income before tax||344,848.20M|
|Dividends per share||0.31|
|Operating cash flow||1,021.92B|
Currency in HKD
|Income before tax||44,425.13M|
|Dividends per share||0.04|
|Operating cash flow||131,649.92M|
Currency in USD
- Vice Chairman & President: Zu Ji Wang
- Chief Financial Officer: Yi Ming Xu
- Executive Director & Executive Vice President: Xiu Sheng Pang
- Executive Director & Executive Vice President: Geng Sheng Zhang
- Executive Vice President: Wen Sheng Yang
- China Investment Corp. (Investment Company)(59.3%)
- Temasek Holdings Pte Ltd. (Investment Management)(4.9%)
- China State-Owned Assets Supervision & Admn Commission(1.5%)
- The Vanguard Group, Inc.(1.2%)
- BlackRock Fund Advisors(0.8%)
- Hang Seng Investment Management Ltd.(0.7%)
- Norges Bank Investment Management(0.5%)
- Dimensional Fund Advisors LP(0.5%)
- State Street Global Advisors Asia Ltd.(0.4%)
- China Yangtze Power Co., Ltd.(0.4%)
- Website: http://www.ccb.com
- Address: No. 25 Financial Street, Xicheng District, Beijing, 100033, China
- Phone: +86.10.6621.5533
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