CCB Wins Five Awards Including “The Most Satisfactory Banking Services to the Public”...

Published time:2007-02-16

During the campaign of selecting the best bank network in 2006 launched by Sohu.com finance channel, CCB won the awards of “The Most Satisfactory Banking Services to the Public”, “The Most Recognized Bank by the Public” and “The Most Innovative Bank” and its Long Card was named as “The Most Satisfactory Bank Card of the Public” and “Profit from Exchange” as “The Most Welcomed Foreign Exchange Wealth Management Product”.

 

It is said that 16 banks including the Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, China Merchants Bank, Bank of Communication, China CITIC Bank, Industrial Bank, China Minsheng Bank and China Everbright Bank participated in the 1-month campaign and winners were voted by netizens.

 

Since launching the shareholding transformation and IPO CCB has made effective reform and innovation. It keeps improving corporate governance structure and accelerating structural reform and strategic transition. Meanwhile, following the “customer-oriented” philosophy it has made great efforts to optimize business process and improve production process and management system. While effectively controlling risks, it strives to speed up product innovation and intensify marketing and customer services targeting at key markets and customers. As a result its business grows rapidly and comprehensive competitiveness has been raised considerably. The reform of CCB not only stimulates its business growth but also enhances its competitiveness, making it one of the Chinese banks with the strongest competitiveness, marketing, risk control and customer service capacities and profitability as well as one of the leading banks in Asia. Its contribution to the stable and healthy development of the regional financial industry has been widely recognized by the public and the international market. With sophisticated business philosophy, quality assets and wide customer base, CCB will seek business opportunities from challenges to realize leapfrogging development and be committed to growing into “a leading international commercial bank providing customers with the best services, creating the maximum value for the shareholders and offering employees the best career opportunities”.

 

CCB’s Profile:
  
China Construction Bank Corporation (CCB, Stock Code:939) was successfully listed on the main board of the Stock Exchange of Hong Kong Limited on 27 October 2005, the first public listing of China’s four largest state-owned commercial banks in the overseas market. CCB provides a comprehensive range of commercial banking products and services, and its principal business activities consist of corporate banking, personal banking and treasury operations. CCB is among the market leaders in China in a number of products and services: the second largest lender of infrastructure loans; one of major lenders in terms of residential mortgage products; and the second largest issuer of bank cards. CCB has an extensive customer base, with the network of 14 thousand branch outlets throughout the whole country. Customers can access CCB’s services through various channels such as wealth management centers, electronic banking, and self-service banking centers. CCB has always been the leader in terms of comprehensive competitiveness, marketing and promotion, risk management and control and profitability compared with other Chinese banks. On August 24, CCB and Bank of America Corporation signed the agreement that announced the 100%-equity acquisition of Bank of America (Asia), the wholly owned subsidiary of Bank of America in Hong Kong. CCB was named by The Banker magazine as the “Bank of the Year” in China in 2005. According to The Banker magazine, CCB was rated 11th among Top 1000 World Banks and ranked the No. 1 on the list of top 100 China’s bank. According to the Hong Kong-based financial journal, Asiaweek, CCB was rated 7th among Top 300 Asian Banks released, and rewarded as the highest net interest income and net profit, and the “most profitable bank in Asia”.  And CCB also was named by FinanceAsia of Hong Kong as Best Managed Company, Best Commitment to Strong Dividends and Best Corporate Governance.

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