Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

China Construction Bank joins NZ Bankers’ Association

1 November 2017

China Construction Bank joins New Zealand Bankers’ Association

The New Zealand Bankers’ Association announced today that the China Construction Bank (New Zealand) Ltd has joined the association, bringing the total number of member banks to 17.

New Zealand Bankers’ Association chief executive Karen Scott-Howman says: “We are delighted to welcome CCBNZ to the Bankers’ Association. China is one of New Zealand’s most important trading partners. Having Chinese banks here helps support this trading relationship.

“CCBNZ’s participation in the New Zealand banking industry promotes further competition and diversity in our banking sector”, says Scott-Howman.

China Construction Bank (New Zealand) chief executive Jun Qi says: “CCB is one of the largest global banks by market capitalisation and total assets. It operates in 30 countries. Since our inception, CCBNZ has aspired to be the first-call Chinese bank in New Zealand. We can leverage our extensive CCB network in China and worldwide.”

CCBNZ offers its customers a range of financial services, with an active focus on supporting economic cooperation and trade between New Zealand and China.

As the voice of the banking industry, the New Zealand Bankers’ Association supports a strong and stable banking system that benefits New Zealand. Member banks work together on a range of non-competitive industry issues.

Other New Zealand Bankers’ Association members are ANZ New Zealand, ASB Bank, Bank of China, Bank of New Zealand, Bank of Tokyo-Mitsubishi UFJ, Citibank, The Co-operative Bank, Heartland Bank, Hong Kong and Shanghai Banking Corporation, Industrial and Commercial Bank of China, JPMorgan Chase Bank, Kiwibank, Rabobank New Zealand, SBS Bank, TSB Bank, and Westpac New Zealand.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Statistics: Food Prices Increase 7.4 Percent Annually
Food prices were 7.4 percent higher in July 2022 compared with July 2021, Stats NZ said today... More>>



REINZ: Market Activity And Prices Continue To Ease, First Home Buyers Start To Return To The Market

New Zealand’s winter property market continues its recent trend, slowing from the pace of sales and price rises of last year — properties stay on the market longer and median prices dip... More>>

FMA: Cigna Admits Making False And Misleading Representations
Cigna Life Insurance New Zealand Limited has admitted to making false and/or misleading representations to customers in proceedings brought by the Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko... More>>



Retail NZ: Welcomes Return Of Cruise Ships

“Cruise visitors were big spenders in retail prior to COVID-19, and retailers in Auckland will be celebrating the arrival of P&O’s Pacific Explorer this morning... More>>



ASB: Full Year Results: Building Resilience Today And For Our Future

In its 175th year, ASB has reported a cash net profit after tax of $1,418 million for the 12 months to 30 June 2022, an increase of $122 million or 9% on the prior year... More>>


Commerce Commission: Draft Determination On News Publishers’ Association’s Collective Bargaining Application
The Commerce Commission (Commission) has reached a preliminary view that it should allow the News Publishers’ Association of New Zealand (NPA) to collectively negotiate with Meta and Google... More>>