China Construction Bank Corp registered in NZ

China Construction Bank Corp (CCB) has become the 25th lender to be registered to provide banking services in New Zealand, the Reserve Bank says.

The Chinese lender will operate in New Zealand as a branch. It also has a subsidiary, China Construction Bank (New Zealand), which has been registered since July 2014.

Beijing-based CCB is China's second-largest lender after Industrial and Commercial Bank of China, which had a New Zealand subsidiary registered in November 2013. Bank of China is the other Chinese lender with a subsidiary registered in New Zealand.

(BusinessDesk)


2 · Got a question about this story? Leave it in Comments & Questions below.

This article is tagged with the following keywords. Find out more about MyNBR Tags

2 Comments & Questions

Commenter icon key: Subscriber Verified

'Coming events cast their shadow before them'. [old Chinese proverb]

Reply
Share
  • 1
  • 0

"Excellence Pursuer Prevail Forever"

Reply
Share
  • 0
  • 0

Post New comment or question

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

NZ Market Snapshot

Forex

Sym Price Change

Commods

Commodity Price Change Time

Indices

Symbol Open High Last %