Office address: Level 29, Vero Centre, 48 Shortland Street, Auckland 1010
Website: nz.ccb.com
Year established: 2014
Company type: banking
Employees: 60+
Expertise: corporate banking, trade finance, commercial banking, corporate loans, institutional and corporate banking, treasury services, cross-border transactions, RMB clearing, lending, home loan, residential mortgages
Parent company: China Construction Bank Corporation
Key people: Yong Wang (CEO); Yingying He (deputy CEO); Kelvin Sim (chief risk officer); Rob Harrison (director); Xiaoman Cui, Wei Lu and Dave Fendall (department heads)
Financing status: corporate backed or acquired
China Construction Bank New Zealand (CCBNZ) is the local arm of China Construction Bank Corporation, one of the world’s largest banks. CCBNZ brings global banking expertise to New Zealand, offering a mix of wholesale and retail financial services.
For this profile, ‘China Construction Bank’ will refer to CCBNZ unless the parent company is specifically mentioned.
China Construction Bank opened its doors in New Zealand in 2014, connecting the country with one of the world’s largest banks. Its parent, China Construction Bank Corporation, has been a major player in global banking since 1954.
CCBNZ launched with USD50 million in capital, arriving just as trade between New Zealand and China was growing fast. The timing worked well, as local businesses were looking for new ways to connect with China.
Soon after joining the New Zealand Bankers’ Association, CCBNZ became a registered lender, adding to the country’s growing list of banks. In 2016, the bank’s capital increased to about $199 million which showed its commitment to the New Zealand market.
By the end of 2017, the bank had earned strong credit ratings. It received an A from Standard & Poor’s and A1 from Moody’s. These have helped build trust with both local and international clients.
China Construction Bank offers a broad range of banking services, from supporting local businesses and Chinese enterprises to helping New Zealanders with home loans. The bank holds both wholesale and retail licences, so it can serve a wide mix of customers.
In 2022, the bank became the first Chinese bank in New Zealand to earn Toitū Net Carbon Zero certification. This milestone shows the bank’s commitment to sustainability and its support for New Zealand’s low-carbon goals.
CCB New Zealand delivers a variety of banking services for individuals, businesses, institutions, and international clients:
China Construction Bank also offers dedicated resources to help protect customers from fraud and scams. The bank provides clear guidance, security measures, and practical tips to support safe banking for all clients.
China Construction Bank New Zealand describes its workplace as combining the resources of a global bank with the support and accessibility of a smaller team. The company states that employees benefit from flat hierarchies, open communication, and direct access to top management.
According to CCBNZ, the work environment is international and diverse, with a focus on autonomy and professional development. The bank highlights its commitment to supporting staff and fostering a culture that attracts motivated professionals.
As the first Chinese bank to gain Toitū Net Carbon Zero certification in New Zealand, China Construction Bank New Zealand measures, manages, and offsets its carbon footprint under ISO 14064-1, using carbon credits from projects in both New Zealand and China.
The bank upholds Chinese culture by highlighting the Mid-Autumn Festival, which celebrates family, harmony, and luck. CCBNZ shares the story of Chang-E and the tradition of eating moon cakes, which dates back to the Yuan Dynasty. The festival’s history, including lanterns and tea, is recognised as part of their cultural appreciation.
Yong Wang is the CEO of China Construction Bank New Zealand. He was appointed to the role in March 2025. Wang leads the bank’s local operations and brings experience in banking and financial services.
Below are the key leaders supporting Yong Wang at China Construction Bank New Zealand:
This team brings deep experience to financial services for corporate and commercial clients across New Zealand. As part of a respected global bank, they maintain a strong tradition of stability and excellence.
China Construction Bank was one of only three Chinese banks to attend the 2025 New Zealand Infrastructure Investment Summit. This shows its interest in the country’s infrastructure sector. At the summit, CCBNZ joined discussions on foreign investment and the potential for Chinese involvement in New Zealand’s renewable energy and public infrastructure.
By taking part in these key industry events, the bank helps open doors for future Chinese investment in various projects across New Zealand. This involvement supports CCBNZ’s long-term goal to build stronger ties with New Zealand and offer more opportunities for clients seeking growth in major local industries.
The infrastructure investment firm returns to the sustainable finance market to fund four NZ schools
The bank has inverted its rates in reaction to ASB’s shift to an inverted mortgage rate card
The bank also raised its term deposit rate offers
Advisers vote for their favourite banks, reveal how supportive they've been throughout COVID-19
Adviser says he expects rates below 2% to appear on the market
This is despite the slow trend towards rising mortgage rates
The move increases the total number of New Zealand’s registered banks to 25
