China Construction Bank (New Zealand) Limited is a wholly-owned subsidiary of the Bank registered in New Zealand in July 2014, with an original registered capital of US $50 million. In July 2016, the Bank increased the capital of CCB New Zealand in NZD with an equivalent value of US $100 million. The registered capital of CCB New Zealand was approximately NZD $199 million after the capital increase.
CCB New Zealand has the wholesale and retail business licence to offer all-round and high-quality financial services, including corporate loans, trade finance, RMB clearing and treasury transactions to Chinese “Going Global” enterprises as well as local customers in New Zealand. Meanwhile, CCB New Zealand provides residential mortgages to personal customers and satisfies financial demands of high-net worth personal customers.
