China Construction Bank, formerly known as People's Construction Bank of China, was established in June 1954+ 10/(later renamed China Construction Bank 1 996 on March 26th) [141]. The head office is located at No.25, Financial Street, Beijing. [1-2] is a large state-owned bank managed by the central government, and [3-4] is a national vice-ministerial unit. [5] 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. [6-9]
China Construction Bank has a broad customer base, maintains banking contacts 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. [10] 2065438+On June 30th, 2006, The Banker published the ranking of global 1000 big banks, and China Construction Bank ranked second. [11] 2017 February, brand finance released the list of the top 500 global brands in 2065 438+07, and China Construction Bank ranked 14. [12] In 2018 years, Fortune Global 500 ranked 3 1. [ 13- 14]
20 18 February, the "Top 500 World Brands of 20 18" compiled by the World Brand Laboratory was announced, and China Construction Bank ranked 203rd. [15] 20 19 was selected as one of the top 500 enterprises in the world in July. [16] The Belt and Road Initiative ranked 40th among the top enterprises in China 100. [17] 20 1912, China Construction Bank selected 2019 China Brand Power Festival 100 brand. [18] 20191218, People's Daily released the China Brand Development Index 100 list, and China Construction Bank ranked 25th. [19] On October 4th, 2020/kloc-0, 65438 won the Evergreen Award of Caijing's 2020 Sustainable Development Benefit Award. In March 2020, it was selected as one of the top 500 global brands in 2020 13. [20]
China Construction Bank was established in June 1954+ 10/0/. The basic background of the establishment of China Construction Bank is that People's Republic of China (PRC) began to implement the first five-year plan to develop the national economy, and large-scale economic construction centered on 156 key projects has been launched all over the country. In order to manage the huge construction funds, China Construction Bank came into being. [ 12] [24]
During the more than 20 years from 1954 to 1978, China Construction Bank mainly undertook the centralized allocation of national capital construction budget and self-raised funds of enterprises, supervised the rational use of funds, issued short-term loans to construction enterprises, and handled basic business settlement. [25-26]
Since the late 1970s and early 1980s, China Construction Bank has continuously expanded its banking functions while inheriting its original functions. It has successively launched credit fund loans, residents' savings deposits, foreign exchange business, credit card business, policy-based housing reform finance, personal housing mortgage loans and other businesses. After more than ten years of reform and development, CCB's various businesses have developed rapidly, and its credit assets and liabilities have increased dozens of times. From a bank that only manages financial funds and supervises infrastructure allocation, it has developed into a national professional bank that handles both financial investment and credit business. It not only has fixed assets investment credit, but also supports working capital loans, both domestic and international financial business, with medium and long-term credit as its main business. [27]
Since the mid-1980s, in order to meet the requirements of China's economic and financial system reform and economic development, China Construction Bank has successively opened cash cashier, residents' savings, fixed assets loans, working capital loans for industrial and commercial enterprises, international finance, housing loans and various principal-agent services. By opening various commercial banking services to the public, the functions of banks have been enriched and a solid foundation has been laid for the transition to modern commercial banks. [28]
From the early 1990s, in less than five years, the transition from stand-alone operation to the development and application of the whole bank network including electronic fund settlement system and dragon card network was basically completed. Construction bank system, general ledger transmission system and e-mail system, and also realized networking with SWIFT system.
1994 is an important turning point in the development of China Construction Bank. According to the government's requirements for the reform of investment system and financial system, China Construction Bank transferred its long-term financial agency function and policy loan function to the Ministry of Finance and the newly established National Development Bank respectively, and began to comprehensively reform the management system according to the requirements of commercial banks. [24]
At the end of 1994, China Construction Bank has carried out or is carrying out a series of major reforms in fund management system, credit management system, financial management system and accounting system. The ability of the head office and tier-one branches to centrally dispatch and manage funds was enhanced, and the financial accounting system was further in line with international standards. At the same time, CCB also repositioned its customer management strategy and regional management strategy. Therefore, China Construction Bank has achieved faster development and better operating efficiency. China Construction Bank has entered a new stage of reform and development. [24]
Since 1994, China Construction Bank has adjusted its branches and savings outlets all over the country. While merging some county branches, the number of outlets in national central cities has been increased, and with the adjustment of corresponding credit policies, the operation in central cities has been further strengthened.
Since 1994, the non-spread business of China Construction Bank has made great progress. As the largest agency of China Development Bank, it continues to act as an agent for the allocation of state financial funds, and at the same time undertakes the allocation of funds and some management functions of the bank. From 1994 to 1998, the business volume of the development bank has exceeded 342 billion yuan, accounting for 79.8% of the total CDB business volume.
Since1March, 1996, China Construction Bank began to use its current name and introduced the enterprise identification system. Almost overnight, thousands of offices and outlets across the bank began to use new image recognition signs. This blue emblem and black three-dimensional name reveal the stable, eclectic and constantly developing business style of this reforming commercial bank; It expresses an unchanging idea, that is, to take root in China and build a modern life.
From 65438 to 0996, all employees of China Construction Bank donated money to set up a "Love Fund" to build a "Hope Primary School" in poverty-stricken areas, to help poor college students complete their studies, to reward those who are brave, and to carry forward the traditional virtues of respecting teachers and attaching importance to education and helping the poor. Through the "Love Fund", more than a thousand students successfully completed their studies.
By 1997 and 2 10, the "urban integrated network system" was built, and the connection with the network system of the whole bank was realized.
In September, 2004, China Construction Bank carried out the shareholding system reform. Huijin, China Jiantou, Baosteel Group, State Grid and Changjiang Electric Power * * * set up a joint-stock company with a registered capital of 65.438+09.423025 billion yuan. [29]
On September 15, 2004, Central Huijin Investment Co., Ltd., China Yin Jian Investment Co., Ltd., State Grid Corporation, Shanghai Baosteel Group Corporation and China Changjiang Power Co., Ltd. held a meeting in Beijing, and decided to jointly establish China Construction Bank Co., Ltd., and the State Council chose China Construction Bank as one of the pilot banks for joint-stock reform of two wholly state-owned commercial banks, and used 45 billion US dollars of national foreign exchange reserves to supplement the capital of these two banks. [30-32]
In September 2005, Bank of America and Asia Financial Holdings Pte Ltd, a wholly-owned subsidiary of Singapore Temasek Holdings Pte Ltd, completed the first delivery of the shares of China Construction Bank held by central huijin Investment Co., Ltd. ... After the delivery, Bank of America and Asia Financial Holdings Pte Ltd held 9.0% and 5. 1% of the shares of China Construction Bank respectively. [33]
From June, 5438 to October, 2005, CCB was successfully listed on the Hong Kong Stock Exchange, raising 72.55 billion yuan, and the registered capital and paid-in capital increased to 224.69084 billion yuan. Become the first listed bank among state-owned commercial banks.
China construction bank business agency
China construction bank business agency
On February 27th, 2005, 65438, China Construction Bank Co., Ltd. was listed on the Hong Kong Stock Exchange with the code: 0939. This is the first state-owned commercial bank in China to realize public offering and listing. [34] The business scope has been approved by the the State Council Banking Regulatory Authority and the State Administration of Foreign Exchange, and approved by the company registration authority. The business scope of the bank is: absorbing public deposits; Issue short-,medium-and long-term loans; Handle domestic and international settlement; Handle bill acceptance and discount; Issuing financial bonds; Acting as an agent to issue, honor and underwrite government bonds; Buying and selling government bonds and financial bonds; Engage in interbank lending; Buying and selling, acting as an agent to buy and sell foreign exchange; Engaged in bank card business; Providing letter of credit services and guarantees; Acting for payment and insurance agency business; Provide safe deposit box service; Other businesses approved by the banking regulatory authority and other regulatory authorities in the State Council.
On June 14, 2007, the Board of Directors of CCB deliberated and adopted the A-share listing plan.
On August 23, 2007, China Construction Bank held an extraordinary shareholders' meeting to consider and approve the specific plan and related arrangements for public offering of A shares and listing. [35]
On September 3, 2007, the issuance examination committee of China Securities Regulatory Commission announced that the 65438th+065438th+08th working meeting of the issuance examination committee in 2007 will be held on September 7, 2007 to examine the application for the initial public offering of 9 billion A shares of China Construction Bank Corporation. [36]
On June 16, 2008, China Construction Bank officially released the 2007 Corporate Social Responsibility Report. This is the second time that China Construction Bank has disclosed the corporate social responsibility report to all sectors of society since it first disclosed the corporate social responsibility report in large state-owned commercial banks in 2006, further demonstrating its fruitful achievements in actively fulfilling its social responsibilities.
In 2009, * * * implemented 22 public welfare projects with a total investment of 95.2799 million yuan. In response to natural disasters such as the Yushu earthquake, the drought in the south and the catastrophic mudslide in Zhouqu, CCB organized various donations of 53130,000 yuan, of which employees donated 29.39 million yuan, which provided strong support for the people in the disaster areas to rebuild their homes.
In 2009, China Construction Bank continued to pay attention to social responsibility and constantly explored new ways of practice. Social welfare-related projects 13 were implemented throughout the year, with a total investment of about 72.74 million yuan.
In 2009, China Construction Bank donated 60 million yuan to set up "China Construction Bank Scholarship for Ethnic Minority College Students (Scholarship)" to support poor ethnic minority college students who are academically excellent, love the party and patriotism and safeguard national unity in Inner Mongolia, Xinjiang, Tibet, Guangxi, Ningxia and other six provinces and regions where ethnic minorities live in concentrated communities for five consecutive years. At the same time, we will continue to implement a series of programs to support education, such as "Building the future-China Construction Bank subsidizes the growth of poor high school students", CCB hopes to build and maintain primary schools, "Love Tibet-China Construction Bank and China Construction Investment Award (Scholarship)" and "China Construction Bank Tsinghua Chair Professor Fund", covering primary schools, middle schools and universities.
By the end of 20 10, the total assets of CCB had reached 108, 103.1700 million yuan (the following data are calculated in RMB according to international accounting standards unless otherwise specified), exceeding10 trillion yuan, an increase of10 over the end of last year. Total profit 1, 756,5438+0.56 billion yuan, an increase of 364,365,5438+0 billion yuan, an increase of 26.26%; Benefiting from the business development and the adjustment of the income tax rate of mainland enterprises, the net profit was 65,438+0,350,5438+0 billion yuan, an increase of 28,654,388+0.95 billion yuan, an increase of 26.39%; The operating income was 323.489 billion yuan, up by 265.438+0.07% year-on-year, of which the net interest income was 256.5438+50 million yuan, and the net fee and commission income was 66.65438+32 million yuan, up by 65.438+08.70% and 3.76 1% respectively. The comprehensive profitability continued to maintain the leading position in the mainland industry, with an annualized average return on assets of 65,438+0.32%, an annualized average return on shareholders' equity of 22.665,438+0% and a net interest rate of 3.49%, which were 0.08, 65,438+0.74 and 0.08 percentage points higher than the same period of last year respectively. The capital adequacy ratio is 12.68%, and the core capital adequacy ratio is10.40%; The asset quality improved steadily, the amount and ratio of non-performing loans continued to decline, and the non-performing loan ratio dropped to 1. 14%, down 0.36 percentage points from the end of last year. The ability to resist risks was further enhanced, and the ratio of impairment provision to non-performing loans was 22 1. 14%, an increase of 45.37 percentage points over the end of last year.
China construction bank business agency
China construction bank business agency
By the end of 20 1 1, 1, there were13,581domestic business institutions, including the head office, 38 tier-one branches, 304 tier-two branches, 8,835 branches, 4,402 branches and The regional layout is concentrated in megacities, central cities, strong counties and rich towns. There are overseas institutions in 13 countries and regions, 9 overseas branches in Hong Kong, Singapore, Frankfurt, Johannesburg, Tokyo, Seoul, new york, Ho Chi Minh City and Sydney, 2 representative offices in Taipei and Moscow, 2 subsidiaries in London and Hong Kong, and 1 investment bank subsidiary in Hong Kong. It owns five domestic subsidiaries: CCB Fund, CCB Leasing, CCB Trust, Sino-German Housing Savings Bank and CCB Life Insurance. There are about 329,000 full-time employees. [37]
By 20 12, China Construction Bank has 14 and 12 1 branches in China. [38]
20 13 19. the signing ceremony of the cooperation agreement between China national gold coin corporation and China construction bank co., ltd was held in Beijing. [39]
20 13 On February 25th, China Construction Bank and the All-China Federation of Industry and Commerce signed a cooperation agreement in Beijing, aiming at strengthening financial services for small and medium-sized enterprises and county economic development. [40]
20 13 At the end of June, the market value of China Construction Bank was176.7 billion US dollars, ranking fifth among listed banks in the world. [4 1]
2013101On October 29th, China Construction Bank (Europe) Co., Ltd. and Luxemburg Branch of China Construction Bank opened in Luxembourg. [42]
On the afternoon of October 30th, 2065438+0310/KLOC-0, it was reported by Bloomberg that China Construction Bank would acquire 70% of the shares held by Menezesde Bezerra family and make a tender offer for the remaining shares. It is close to reaching an agreement to buy Bicbanco Bank in Brazil. [43]
2065438+July 2005, after CCB Holdings established China Life Insurance, it plans to apply for two more insurance licenses, one is an insurance asset management company and the other is a property insurance company. It is reported that the two companies to be raised are temporarily named "Jianxin Insurance Asset Management Co., Ltd." and "Jianxin Property Insurance Co., Ltd.". [44]
2065438+On September 23rd, 2005, CCB held the opening ceremony of Cape Town Branch in Cape Town, the legislative capital of South Africa, which was the second commercial branch of CCB on the African continent after Johannesburg Branch. [45]
2065438+05438+065438 On October 30th, 2005/KLOC-0, the People's Bank of China identified China Construction Bank as the Swiss RMB clearing bank. [46]
2065438+On February 25th, 2006, five state-owned commercial banks, namely China Construction Bank, China Industrial and Commercial Bank, China Agricultural Bank, China Bank and Bank of Communications China, held a signing ceremony in Beijing. The five major banks promise to waive the handling fee for domestic RMB transfer and remittance handled by customers through mobile banking, and waive the handling fee for domestic RMB online bank transfer and remittance for customers below 5,000 yuan, thus reducing customer expenses. [47-48]
20 16 On July 20th, Fortune released the latest issue of the list of the world's top 500, and China Construction Bank ranked 22nd. [49-50]
In August of 20 16, China Construction Bank ranked 5th among the top 500 Chinese enterprises in 20 16. [5 1]
20 17 On July 20th, Fortune released the latest list of the world's top 500, and China Construction Bank ranked 28th. [52]
2065438+On the evening of September 20th, 2008, China Construction Bank issued a statement on the national Internet finance registration and disclosure service platform under the China Fund Industry Association, indicating that it had passed the evaluation of the personal peer-to-peer lending fund depository system (the "white list" of depository banks of P2P online lending institutions). [53]
20 18 12 17. China Construction Bank announced the official establishment of "CCB University" in Beijing. [54]
20 18 12, China Construction Bank and Haier Group reached a strategic cooperation in Qingdao. The two sides will build a rural inclusive service platform based on their respective platforms for benefiting farmers. [55]
20 18 12. CBRC approved China Construction Bank to set up a wealth management subsidiary. [56]
202 1 10 was rated as a domestic systemically important bank.