China Construction Bank Corporation, Singapore Branch (“CCB Singapore” or the “Branch”) commenced business in 1998 under an offshore banking licence, which was upgraded to a wholesale banking licence in 2010. In December 2020, CCB Singapore was awarded a Qualifying Full Bank (“QFB”) licence by the Monetary Authority of Singapore, allowing the Branch to offer a full suite of banking products and services to the Singapore market.
Under the QFB licence, the Branch delivers dedicated, professional services through its five business centres, namely, the Commodities Trade Financing Centre, the Infrastructure Financing Service Centre, the Investment Banking Transaction Centre, the Private Banking Centre and the FinTech Innovation Centre. These five centres are collectively the driving force for the Branch’s business growth in Singapore and the region. Tapping CCB Group’s vast client network and strong capabilities in Fintech innovation, CCB Singapore is committed to building an integrated, cross-border financial service platform that serves our clients in Singapore and China, as well as countries participating in the “Belt and Road Initiative” and the RCEP region.
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