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China Construction Bank Corporation (CICHF)

Other OTC - Other OTC Delayed price. Currency in USD
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0.7500-0.0233 (-3.02%)
At close: 09:52AM EDT
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  • Reuters

    Porch sues China Construction Bank in US over reinsurance fraud losses

    Porch and its units accused the Chinese lender of conspiring with employees of the now bankrupt Israeli insurance firm Vesttoo to issue dozens of fake reinsurance letters of credit that guaranteed insurance companies access to reinsurance funds, according to a complaint filed to the U.S. Southern District Court of New York on Thursday. Porch and its unit, the Homeowners of America Insurance Co, paid tens of millions of dollars in premiums for this non-existent reinsurance until it emerged in July 2023 that certain letters of credit backstopping Vesttoo's reinsurance transactions were fake, the company said.

  • PR Newswire Asia

    CCB Singapore Promotes eCNY and Green Finance in Partnership with Business China's Advanced Leaders Programme 2024

    China Construction Bank Corporation ("CCB" or the "Group") Singapore Branch ("CCB Singapore") , as the Market Knowledge Partner, organized two themed events in China for Business China's Advanced Leaders Programme ("ALP") in late April.

  • PR Newswire

    China Construction Bank Singapore Branch Signs Statement of Intent with MAS-launched ESG data platform Gprnt

    China Construction Bank Corporation's Singapore Branch ("CCB Singapore") announced today that it has signed a Statement of Intent ("SOI") with Gprnt to explore ESG data model interoperability, assessment framework normalisation, and product innovation to better deploy sustainable financing to corporate clients, especially small and medium-sized enterprises ("SMEs").