On June 2, the Precious Metals and Commodities Business Department of China Construction Bank officially opened in Shanghai. Ji Zhihong, vice president of China Construction Bank, attended the ceremony, as well as persons in charge of relevant departments of the head office, Shanghai branch and related subsidiaries.
The establishment of the precious metals and commodities business department is an important strategic deployment for China Construction Bank to fully implement the spirit of the 20th National Congress of the Communist Party of China and promote the high-quality development of the whole bank. Participating in the bulk commodity market and developing precious metals and bulk commodity business is the inevitable responsibility of China Construction Bank to serve the national strategy, and it is also the responsibility of the times to serve the real economy. China Construction Bank will adhere to the development direction of "stable, professional, practical and refined" to ensure the high-quality development of precious metals and bulk commodities business.
Construction Bank has always insisted on serving the real economy as the starting point and foothold. The opening of the precious metals and commodity business department marks that China Construction Bank has become the first domestic bank specialized in commodity business. At present, China Construction Bank has opened precious metals and bulk commodities business in 37 branches across the country, and has built three global trading networks in Shanghai, London, and New York to meet the 24-hour financial needs of customers across time zones; support the development of the industrial chain and use commodity financial tools Improve the level of customer risk management, the scope of trading covers multiple sectors such as basic metals, energy and chemical products, and agricultural products, with 32 tradable categories; actively respond to national strategies, through various models such as "banking + insurance + futures", based on "three rural areas" "Fields help rural revitalization.
The Precious Metals and Commodities Business Department of CCB will take licensed operations as a new starting point, adhere to the principle of stability, strictly control risks, actively participate in the infrastructure construction of the national commodity market, comprehensively improve trading capabilities, and specialize in strengthening the precious metals business , do a solid job in bulk commodity business, and create a professional brand image of CCB serving the precious metal and bulk commodity markets.
It is reported that the main business scope of the precious metals and commodity business department includes: providing relevant services to individual customers, institutional (including peer) customers and corporate customers, handling precious metal spot (including import and export business), leasing, futures and other derivative products Trading business; handle commodity derivatives trading business such as base metals, agricultural products, energy, chemical products, etc.; carry out business-related market research, product research and development, etc.; and other businesses approved by regulatory agencies.