China Construction Bank

Founded in 1954 as the People’s Construction Bank of China, China Construction Bank is one of the 'big four' banks in the People's Republic of China. The other three are Industrial and Commercial Bank of China, Bank of China and Agricultural Bank of China. In 2011 CCB was the second largest bank in the world by market capitalisation and 13th largest company in the world.

Photo: Reuters

China Construction Bank sees rising bad loans, profit up 1.4pc

China Construction Bank on Friday reported rising bad loans in the first quarter, while its net profit only increased by 1.4 per cent, as the nation’s second largest lender joined the club of state-owned banks struggling with worsening asset quality and declining net interest income amid a slowin

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