China Construction Bank in Sydney
(12 December 2007 – Australia) China Construction Bank (CCB) has opened a Sydney office as part of its overseas expansion plan.
The bank follows rivals Bank of China and Industrial and Commercial Bank of China, in applying for a license to provide banking services in Australia.
CCB president, Zhang Jianguo, said the bank hoped to upgrade its representative office into a full branch as soon as possible.
The bank said it viewed its Sydney office as a means to grow its global network and boost its corporate image internationally.
CCB had total assets of A$966 billion as at September this year, up 18 percent on the previous year.
It has offices outside China in London, Frankfurt, Tokyo, Johannesburg, and New York.
CCB president, Zhang Jianguo, said the bank hoped to upgrade its representative office into a full branch as soon as possible.
The bank said it viewed its Sydney office as a means to grow its global network and boost its corporate image internationally.
CCB had total assets of A$966 billion as at September this year, up 18 percent on the previous year.
It has offices outside China in London, Frankfurt, Tokyo, Johannesburg, and New York.
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