China Construction Bank
China Construction Bank, or CCB, is one of the "big four" banks in China. By assets, it is the second largest bank not only in China but in Asia Pacific.
Chinese banks dominant whilst Japan, South Korean banks’ assets falter
Australian and Singaporean banks’ assets remained steady, S&P’s study showed.
Tighter interest margins and rising bad loans weigh on CCB
The non-performing asset ratio is expected to rise to 4.48% in 2024.
Loan rate cut weighs on Chinese banks’ interest margins, profitsÂ
China Construction Bank, ICBC, and CITIC Bank will be most negatively affected.
CCB Asia, FWD launch enhanced bancassurance service with Open API
Customers can receive approval for their insurance policies in as fast as 1 working day.
Asia’s Top 20 banks by revenue bounce back in 2021
But the recovery may not be sustained in 2022 as constraints pile up.
China deems 19 banks 'too big to fail'
These banks face new capital and regulatory requirements.
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