China's CCB bank launches Indonesia brandStaff Writer | February 24, 2017
China's second largest bank, China Construction Bank Corporation (CCB) officially launched its Indonesia local brand CCB Indonesia.
Banking in Asia To support the Indonesian economy
Besides small and medium enterprises it previously focused on, the company will also develop corporate banking business with large local Indonesia and Chinese enterprises and financial institutions.
The bank is also targeted to become the market maker of renminbi (RMB) business in Indonesia and penetrate the country's housing finance market.
"CCB Indonesia is committed to support the Indonesian economy, particularly in infrastructure financing." The statement said.
CCB Indonesia currently has a banking network consisting of 112 offices in the country's main cities. ■