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Global 500

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22

China Construction Bank

CICHY

China

It can be difficult sometimes to tell China’s big four banks apart. They’re all state owned, they all enjoy monopolies, and they all serve a government interest. In China Construction Bank’s case, that interest is building. It is a leader in loans for infrastructure projects. Like its state-owned brethren, it is grabbling with rising loan losses. China has some of the world’s highest local government debt levels and corporate debt levels. If and when those can’t be repaid, lenders like China Construction Bank will bear the brunt of the losses, though with state support, they will likely to remain solvent.

CEO

Wang Zuji

Sector

Financials

Industry

Banks: Commercial and Savings

HQ Location

Beijing, China

Employees

369,183

Years on Global 500 List

17

Figures prepared in accordance with International Accounting Standards. Government owned 50% or more.
Key Financials (last fiscal year)
($ Millions)% change
Revenues ($M)$147,9103.7%
Profits ($M)$36,303-1.8%
Assets ($M)$2,825,781
Total Stockholder Equity ($M)$220,836
Profit Ratios
Profit as % of Revenues24.5%
Profits as % of Assets1.3%
Profits as % of Stockholder Equity16.4%
STOCK QUOTE
()0.00 0.00 (0)
  • Previous Close:
  • Market Cap: NaNB
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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  • Dividend Yield: n/a

News about China Construction Bank

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