China Construction Bank Corporation
China Construction Bank Corporation is the world's second-largest bank. The third of the "Big Four" on our list, CCB, as it's often known, has 13,629 domestic branches and international branches in Frankfurt, Barcelona, Luxembourg, Hong Kong, New York, Seoul, and a number of other big cities.
CCB is headquartered in Beijing's Xicheng area and employs approximately 333,000 people. It provides both business and personal banking services. Credit cards, personal loans, deposits, and wealth management are some of the personal services they provide.
Credit, corporate e-banking, loans, commercial loans, and credit lines are all available on the commercial side. CCB's total assets are estimated to be over $3.3 trillion, according to the most recent data.
Bank of America wants to expand its operations in China in 2005. As a result, it bought a 9% interest in CCB. That, on the other hand, did not work out so well. During the US financial crisis in 2009, BOA had to sell a large portion of its holdings. Bank of America sold its remaining stake in CCB in 2013 and now concentrates its Asian activities in Hong Kong.
Headquartered in Beijing, China
Employs 330,000
