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Home > Company Index > Banking > Banking - Asia & Australia > China Construction Bank

China Construction Bank
 PROFILE
The bank that helped build China one five-year plan at a time now wants to foster market-oriented enterprises. China Construction Bank is a state-owned commercial bank that concentrates on medium- and long-term loans to large corporations. The bank is expanding its lending business to small to midsized businesses as well as foreign multinational corporations. China Construction Bank operates more than 13,000 branches, which offer standard retail banking products and credit cards. It also offers mortgage lending (more than half of China's mortgage loans) and various consumer loans. In addition, the bank sells government securities and provides asset management. A bank subsidiary offers investment banking.

 COMPETITION
Bank of China (dossier)
Bank of East Asia, Limited (BKEAY)
Hang Seng Bank Limited (HSNGY)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 13,980.50
1-Yr. Sales Growth: (8.5)%
Employees: 324,000
Revenue per employee: $43,149.69

 KEY PEOPLE
• Wang Xuebing
    CEO

 CONTACT INFO
4 Men No. 28, West Dajie
Xuanwumen Beijing 100053, China
Phone: 86-10-6360-3660
Fax: 86-10-6360-3194
Online: Web Site

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