In a popular sense, commercial banks refer to banks that move funds through business models. At present, most banks in our country are commercial banks, including China Construction Bank.
Commercial banks are divided into state-owned commercial banks, other joint-stock banks and private commercial banks according to their capital composition. State-owned commercial banks are mainly dominated by the four major state-owned banks, namely Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China and China Construction Bank. Banks; other joint-stock banks include Bank of Communications, Minsheng Bank, Pudong Development Bank, China Everbright Bank, Industrial Bank, etc.; private commercial banks include CITIC Bank, Shanghai Pudong Development Bank, Ping An Bank, Hua Xia Bank, etc.
Commercial banks are divided into asset business, liability business and intermediary business according to the source of funds and business scope. Asset business refers to the use of funds absorbed by the bank to engage in credit activities, such as lending business and investment business; liability business refers to the implementation of deposits, borrowing business and bank capital based on the source of bank funds; intermediary business refers to the use of advantages such as funds, reputation and residence to provide some Service businesses, such as settlement business, trust business, etc.
China Construction Bank was established on October 1, 1954. The head office is located at No. 25 Financial Street, Beijing. It is a large state-owned bank managed by the central government and a national deputy ministerial level unit. China Construction Bank's main business areas include corporate banking, personal banking and treasury services. It has branches and subsidiaries in 29 countries and regions, and owns funds, leasing, trusts, life, property and casualty insurance, investment banking, futures, and pensions. subsidiaries in many industries.
China Construction Bank has a broad customer base and maintains banking business relationships with a number of large enterprise groups and leading enterprises in China's strategic economic industries. Its marketing network covers major regions across the country. On June 30, 2016, the British "Banker" magazine released the "Ranking of the World's 1,000 Largest Banks", and China Construction Bank ranked second. In February 2017, Brand Finance released the 2017 Global Top 500 Brands list, with China Construction Bank ranking 14th. In 2018, it ranked 31st among the Fortune Global 500.
In December 2018, the "Top 500 World Brands 2018" compiled by the World Brand Laboratory was announced, and China Construction Bank ranked 203rd. In July 2019, it was selected into the 2019 Fortune Global 500. Ranked 40th on the list of the top 100 Chinese enterprises under the "One Belt, One Road" initiative. In December 2019, China Construction Bank was selected into the 100 Model Brands at the 2019 China Brand Power Ceremony. On December 18, 2019, the People's Daily released the China Brand Development Index 100 list, and China Construction Bank ranked 25th. On January 4, 2020, it won the "Sustainable Development Benefit Award" of the 2020 Finance Evergreen Award. In March 2020, it was selected as the 13th among the top 500 global brands in 2020.