China Construction Bank

China Construction Bank (CCB) is one of the "big four" banks in China and is considered one of the largest banks in the world. As of 2021, CCB ranks as the second-largest bank globally regarding market capitalization. China Construction Bank was founded in 1954 as the People's Construction Bank of China. In 1996, the bank was restructured and renamed China Construction Bank Corporation. The bank's headquarters are located in Beijing, and it has a vast network of branches across China, as well as overseas operations in 29 countries.

China Construction Bank offers a wide range of financial products and services to both individual and corporate customers, including deposits, loans, credit cards, insurance, wealth management, and investment banking. The bank has also invested heavily in technology and offers digital banking services such as online and mobile banking.

As one of the world's largest banks, CCB has maintained strong financial performance over the years. According to its 2020 financial results, CCB reported a total operating income of RMB 687.8 billion (approximately $106.4 billion) and a net profit of RMB 278.6 billion (roughly $43 billion). As a major bank in China, CCB plays a crucial role in supporting the country's economic growth. The bank has been actively involved in financing infrastructure projects, including roads, railways, and ports. CCB also supports small and medium-sized enterprises (SMEs), which are seen as vital for China's economic development.

In summary, China Construction Bank is a large and important financial institution with a strong presence in China and around the world. Its diverse range of financial products and services, combined with its strong financial performance and role in supporting the Chinese economy, make it a significant player in the global banking industry.

Founded: 1954

Headquarters: No.25, Finance Street, Xicheng District, Beijing

Website: http://en.ccb.com/eng/home/index.shtml