China construction bank has contributed to the upgrading of New Zealand's economic and trade cooperation with China.In December 2017, the bank of New Zealand won a branch licence issued by the reserve bank of New Zealand, which means that CCB has opened a new chapter in the development of New Zealand.
On the opening activities, China construction bank's chairman, said New Zealand is a vibrant country, closely related to the China economic and trade investment and deepening of cooperation, is an important goal of China construction bank to expand overseas markets. In the future, the construction bank will operate in New Zealand with the two licenses of "sub-bank" and "branch", so as to give full play to the advantages of the group and inject new vitality into the local economic development.
On the afternoon of February 2, local time in New Zealand, the New Zealand branch of China construction bank co., ltd. held a celebration in Auckland. New Zealand prime minister John key jazz, finance minister, Mr Grant Robertson, housing and urban development, transport minister phil Mr Fuld, Chinese consul general of consulate general in Auckland, the Chinese embassy in New Zealand commercial counsellor, the reserve bank of New Zealand officials as well as from china-singapore bilateral business, finance and other guests from all walks of life attended the ceremony, and delivered a speech, the chairman of China construction bank, attendance, business activities of New Zealand's former prime minister, China construction bank's chairman, Jenny shipley, ms.
Business activities, the China construction bank co., LTD., chairman, said New Zealand is a vibrant country, closely related to the China economic and trade investment and deepening of cooperation, is an important goal of China construction bank to expand overseas markets. China construction bank (New Zealand) LTD., a wholly-owned subsidiary of CCB, opened in November 2014. For three years, China construction bank in New Zealand to support a batch of Chinese companies doing business in new investment and New Zealand local customers, key industries in the local market set a good brand and image, the new branch licence will open a new chapter of China construction bank in New Zealand development.
New Zealand branch will focus on developing local infrastructure construction project loans, loans to local quality of large enterprises, Chinese "going out" enterprises in New Zealand's major project financing, the RMB clearing business, trade, finance and financial markets business, etc., to promote the development of the New Zealand economy and contributions to the economic and trade cooperation between China and Singapore.
China construction bank is one of the largest commercial Banks in China, and its wholesale, retail and investment Banks are in the leading position in the industry. In the UK, "banker" ranked no. 2 in the top 500 list of bank brands in 2018, ranking 1st in the ranking of retail bank brands. In 2017, CCB group won the Hong Kong Asian currencies magazine "best bank in China" in 2017, Singapore by the Asian banker magazine "2017" best trade finance bank of China, and in the UK in 2017 issued by the banker magazine "the world bank's 1000 strong" ranking in the fourth consecutive year ranked second. Since 2017, the construction bank has actively responded to changes in the external environment. The core indicators have performed well and the profitability has been steadily improved. In late September 2017, China construction bank group total assets of 22.1 trillion yuan, in the first three quarters of net profit of 202.27 billion yuan, the annual average return on assets, 1.25% annualized 16.52% weighted average return on equity.
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