CCB's first U.S. branch opens in New York

June 5 local time, China Construction Bank New York branch held a opening ceremony to become the fifth in the United States officially opened a branch of the Chinese bank.　　The picture is China Construction Bank chairman Guo (right third), Chinese Consulate General in New York Penkyu (left), New York State Bank director Richard Nemin (right), deputy governor of the Construction Bank Yifei (left), and the New York branch of CCB, GM Li Wei (right) jointly for the New York branch of CCB Jie. China New York, June 5 (Xinhua Wei) New York branch of the Chinese construction Bank opened a reception on 5th, announced the formal admission to the United States Chinese banks in the ranks of the competition.　　CCB is the fifth Chinese bank to open a branch in the United States, before the Bank of China, Bank of Communications, Merchants Bank and ICBC have established their footing in the United States. China Construction Bank chairman Guo was flying to New York to attend the opening ceremony to show his concern for the U.S. market.　　Commenting on the many problems facing us financial markets and banking, Mr Guo said, "There are no tigers in the mountains, monkeys are King", and the current U.S. market is a huge opportunity for Chinese banks. He also said that it is not possible to deny the experience of the US market because of the problems in the US financial system, and that in the view of individual bank management, there are many aspects of American banks that are worth studying in China. He said CCB would be "cautious" in the US and would not go on Wall Street's excessive development of financial derivatives.　　"Old Road".　　In his speech, New York State, the director of the Bank of China, Richard Nemin the opening of a branch in New York, said, "I believe this will bring new opportunities to Wall Street."　　The same day, CCB New York branch management team also formally appeared, Li Wei as General manager, Zhangguang as deputy general manager. It is understood that CCB New York branch will mainly operate wholesale business, including commercial deposits, loans, trade finance, foreign exchange trading and other commercial banking business.