1. China Construction Bank was established in 1954 10 10/month. 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 unit. The main business areas of China Construction Bank include corporate banking, personal banking and treasury business, with branches and subsidiaries in 29 countries and regions, and subsidiaries in many industries such as funds, leasing, trust, life insurance, property insurance, investment banking, futures and pension.
2. China Construction Bank has a broad customer base, and maintains bank contact with many large enterprise groups and leading enterprises in China's economic and strategic industries, and its marketing network covers major regions of the country. 20 16 On June 30th, the British Banker magazine published the ranking of 1000 big banks in the world, and China Construction Bank ranked second. On February 20 17, brand finance released the list of the top 500 global brands in 20 17, and China Construction Bank ranked 14. In 20 18, Fortune Global 500 ranked 3 1.
3. Deposit certificates refer to large deposit certificates issued by banking deposit-taking financial institutions for individuals, non-financial enterprises and government organizations. Different from ordinary certificates of deposit, large certificates of deposit can be transferred in advance, with a term of not less than 7 days, a high investment threshold and an integer amount. China's certificates of deposit were officially launched on June 20 15, and denominated in RMB. As a general deposit, the interest rate of certificates of deposit is higher than that of time deposits of the same term. Most of them rise by 40% on the basis of the benchmark interest rate, a few banks rise by 45%, and time deposits generally rise by about 30% at the highest.
Large deposit certificates are conducive to expanding the market-oriented pricing range of debt products in an orderly manner and improving the market-oriented interest rate formation mechanism; It is also conducive to further training the independent pricing ability of financial institutions, cultivating the market-oriented pricing concept of retail market participants such as enterprises and individuals, and making useful explorations and accumulating valuable experience for continuing to promote the marketization of deposit interest rates. At the same time, it is also of positive significance to gradually replace high-interest debt products such as wealth management with standardized and market-oriented certificates of deposit, which will also promote the reduction of social financing costs. In view of this, the People's Bank of China decided to launch certificates of deposit on June 5, 20 15, and formulated the Interim Measures for the Administration of Certificates of Deposit (hereinafter referred to as the Measures).