久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

Economy

Markets

Industries

Insights

Reports

Events

CCB gets London branch license

By Yang Zhen (chinadaily.com.cn)
Updated: 2009-03-20 17:53

China Construction Bank (CCB) Corp, the country's second-largest bank, has won a license from the UK's Financial Services Authority (FSA) to operate a branch in London, the lender said in a statement on Friday.

Related readings:  China Construction Bank gets NY branch license  CCB to tread carefully on acquisitions  CCB to give out 500-600b yuan in loans   China Construction Bank issues 40b yuan bonds

CCB said the branch will accept wholesale deposits, and also engage in foreign exchange, lending, trade finance and other banking services. It expects to open the branch later this year.

CCB's New York branch received its license from the New York State Banking Department in February.

CCB also has branches in Frankfurt, Johannesburg and Seoul. The company said it has about $1.1 trillion in assets.

The lender's 2008 earnings report is due at the end of next week.