China Construction Bank Company Description
As one of China's Big Four banks China Construction Bank (CCB) has historically concentrated on providing medium- and long-term loans to large domestic corporations in the oil and gas, power, telecommunications, and infrastructure industries. Corporate banking makes up about 56% of revenues. But CCB is now expanding its lending services to small and midsized businesses, foreign multinationals, and consumers (a segment that represents about 17% of revenues). The bank operates some 13,600 domestic branches, which offer standard deposit products, credit cards, and home and auto loans. CCB also provides asset management and investment banking services.
View the Comprehensive Company Description for China Construction Bank
The Company Description provides a historical perspective of China Construction Bank's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of China Construction Bank's evolution in the marketplace.
