China Construction Bank expands in S'pore with eye on infrastructure projects

Singapore

ON THE back of more than US$90 billion in "One Belt, One Road" infrastructure projects being assessed by China Construction Bank (CCB), China's second-largest bank on Tuesday set up a centre in Singapore dedicated to infrastructure financing.

This is on top of the launch of a new CCB banking centre here for private banking, as well as setting up the Singapore subsidiary of CCB International, the Chinese bank's investment services arm.