China Construction Bank was founded in 1954 under the name People’s Construction Bank Of China and was changed to its’ present name in 1996.
One of the big four banks of China, the bank is one of the top largest company in the world. The bank besides having 13629 domestic branches maintains overseas branches in New York, Sydney, Melbourne, Seoul, Tokyo, Frankfurt, Luxembourg and is headquartered in Xicheng district, Beijing.
The bank offers personal banking and corporate banking services. Under personal banking it offers e-banking, deposit services in foreign currency as well as in Renminbi, long credit card, personal loans, gold business, foreign exchange transaction management like settlement, options, personal wealth management. Corporate banking services like International business, fund settlement, fund custody, credit business and intermediary services.
Led by Zhang Jianguo and as of 2011 employed 329338 employees. The bank makes important contribution to China’s economic modernization and provides world class services. Core values that govern the bank are Impartiality, Prudence, Integrity and Creation.
Total Assets: $2698.9 B
Profits: $37 B
Market Value: $212.9 B
Return On Assets Ratio: 1.37%
1. Top 18 banks were chosen on the basis of a cut off asset size: $1500 Billion.
2. Return on Asset Ratio= Profts/Total Assets was calculated.
3. Banks were given ranks according to Return On Asset Ratio.