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China Construction Bank: Dominant Chinese Bank

July 2, 2015

China Construction Bank Corporation (CCB) is based in Beijing, China and was founded in 1954. As of end 2014, the bank operated a network of 14,856 branches and sub-branches. It also operates overseas branches in Hong Kong, Macau, Singapore, Frankfurt, Johannesburg, Tokyo, Osaka, Seoul, New York, Ho Chi Minh City, Sydney, Melbourne, Taipei, Luxembourg, Brisbane, and Toronto.

CCB operates as a commercial bank in the People’s Republic of China. The company’s personal banking products and services include foreign currency deposits, all in one accounts, and RMB deposits; personal loans, such as personal business loans, personal car loans, and personal housing loans; physical gold for personal investment; foreign exchange settlement and sales, remittance, and trading services; certificate treasury and savings bonds, securities accounts, and securities services; wealth management products; and credit cards.

Its corporate banking products and services include deposits, such as corporate term, notification, and demand deposits, as well as corporate deposits by agreement; SME, traditional credit, commercial draft, buyer credit, and RMB credit line loans; international settlement and finance services, and FI services for foreign banks among other products and services the bank provides.

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