China Construction Bank Corporation Labuan Branch (CCB Labuan) is a tier-1 branch of China Construction Bank Corporation headquartered in Beijing, registered in the Labuan International Business and Financial Centre (Labuan IBFC) in Malaysia. CCB Labuan obtained its Labuan banking license on June 20, 2019 and commenced operations in the third quarter of 2019.
CCB Labuan has a full-fledged commercial Labuan banking license granted by the Labuan Financial Services Authority (Labuan FSA), Labuan FSA has further authorized CCB Labuan to be the first digital bank and appointed CCB Labuan as the designated RMB settlement bank in Labuan IBFC. CCB Labuan provides comprehensive wholesale, retail and digital banking services, mainly serving the “Belt and Road” and “Western Land & Sea New Channel” initiatives including large-scale bilateral trade, investment and infrastructure projects.
CCB Labuan's customers will be able to enjoy comprehensive financial services such as financial consultation, global credit financing, global cash management, global financial market, aircraft and real estate leasing investment banking, trade financing and foreign exchange management. In additions, CCB Labuan will also provide financial technology solutions for smart government, smart industry park, smart campus, smart hospital, smart transportation and smart business.
