Chinese bank announces opening of four branches in Europe
Updated: 2015-07-01 09:25
(Xinhua)
|
|||||||||||
PARIS - China Construction Bank (CCB), one of the largest Chinese banks, announced on Tuesday in Paris its opening of four branches in Europe.
These branches are located in Paris, Amsterdam, Barcelona and Milan, Wang Hongzhang, Chairman of the Board of Directors of CCB said, noting that their opening constitutes an important step towards internationalization of CCB.
Wang said CCB's European branches will, in short and medium term, focus on providing services for Chinese enterprises and European companies.
Wang noted that CCB branches in Europe will, among others, cover the commercial financing, bank deposit and cash transactions.
Muriel Penicaud, head of Business France, a governmental agency for the international development of the French economy, said at the opening ceremony that the opening of CCB's branch in Paris reflects the deepening of franco-Sino relationship.
By the end of the first half of 2015, the volume of CCB's assets reached 17,480 billion yuan and its profits amounted to nearly 67.13 billion yuan.
Related Stories
China launches $16b subway transportation fund 2015-05-27 15:07
Chinese bank eyes global expansion via Belt and Road 2015-04-10 11:00
Top 10 most valuable banks in the world 2015-03-20 07:25
CCB acquires prime commercial real estate in Seoul 2014-12-16 08:17
APEC gifts signing session kicks off in Beijing 2014-12-03 17:27
Today's Top News
China unveils ambitious climate goals
Mass casualties in Indonesian military plane crash
Search is on for new investments
Chinese stocks post biggest gain since 2009
Greece seeks last-minute debt deal
Construction on China-Russia gas pipeline started
China, EU pledge closer co-op on climate change
Nations to hold nuclear fuel talks
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Premier Li's visit to Belgium and France |
What do we know about AIIB |
Full coverage of Boao Forum for Asia |
Annual legislative and political advisory sessions |
Festival Special: Apps that make holiday shopping easier |
Listed firms caught in anti-corruption net |