China Construction Bank (CCB), founded in 1954, is one of the “Big Four” banks in China and one of the largest banks in the world by total assets. Headquartered in Beijing, CCB offers a broad range of financial services, including corporate banking, personal banking, investment services, and wealth management. With operations in more than 30 countries, CCB is recognized globally for its focus on innovation and customer-centric banking solutions.
The bank plays a pivotal role in China's financial system, providing essential banking services to both domestic and international clients. CCB has been a leading force in infrastructure financing, supporting major construction and development projects across China. With a strong commitment to technological advancement, the bank has embraced digital transformation, providing seamless online banking experiences and mobile financial services.
CEO and Founder of China Construction Bank
China Construction Bank was established by the People’s Republic of China in 1954 as the People's Construction Bank of China to support national infrastructure projects. Over time, it expanded its services to include personal and corporate banking. Currently, the CEO of CCB is Wang Jiang, who took over the role in 2022. Under his leadership, CCB has continued to grow its global presence and strengthen its financial services. Wang Jiang's focus on digital transformation and sustainable development has helped CCB adapt to the rapidly changing global financial landscape.
List of Top Subsidiaries and Companies Under China Construction Bank
China Construction Bank operates several subsidiaries and affiliated companies, both in China and globally. These subsidiaries offer specialized financial services and contribute to the bank’s global footprint. Here are some of the top companies under CCB:
| Company Name | Year Established/Acquired | Valuation | Industry |
|---|---|---|---|
| CCB Asia (China Construction Bank Asia) | 1994 (Acquired) | $10 Billion | Corporate and Retail Banking |
| CCB International | 2004 | $12 Billion | Investment Banking |
| CCB Principal Asset Management | 2005 | $15 Billion | Asset Management |
| CCB Trust Co., Ltd. | 2009 | $20 Billion | Trust and Wealth Management |
| CCB Life Insurance | 1998 (Acquired) | $5 Billion | Life Insurance |
| CCB Pension Management Co. | 2015 | $2 Billion | Pension Fund Management |
| CCB Futures Co., Ltd. | 2010 | $1 Billion | Futures and Derivatives |
| CCB Leasing | 2007 | $8 Billion | Financial Leasing |
| CCB Indonesia | 2016 (Acquired) | $4 Billion | Corporate and Retail Banking |
| CCB Europe | 2013 | $3 Billion | Corporate and Investment Banking |
FAQs About China Construction Bank
Q1: When was China Construction Bank founded, and by whom?
A: China Construction Bank was founded in 1954 by the government of the People's Republic of China, originally named the People's Construction Bank of China.
Q2: Who is the current CEO of China Construction Bank?
A: Wang Jiang is the current CEO of China Construction Bank, having taken over the role in 2022.
Q3: What services does China Construction Bank provide?
A: China Construction Bank offers a wide range of financial services, including corporate banking, retail banking, investment banking, wealth management, insurance, and asset management.
Q4: What are some key subsidiaries under China Construction Bank?
A: Key subsidiaries include CCB Asia, CCB International, CCB Life Insurance, CCB Trust Co., and CCB Leasing, among others.
Q5: How big is China Construction Bank in terms of global ranking?
A: CCB is one of the largest banks in the world by total assets, consistently ranking in the top 5 globally.
Q6: Does China Construction Bank operate outside of China?
A: Yes, CCB operates in more than 30 countries, with significant branches and subsidiaries in Asia, Europe, and North America.
