CCB seeks stronger international presence

China Construction Bank Corp, a major State-owned lender, plans to make a presence in all the major countries worldwide by 2015, as part of a corporate five-year plan on overseas expansion.

Chairman Wang Hongzhang made the comment at Lujiazui Forum in Shanghai on Friday, an annual gathering of the country's top financial authorities and executives.

CCB's international push accelerated in response to the country's business expansion around the world, and the yuan's increasing global use.

Its overseas assets have been growing at 31 percent annually. Overseas yuan deposits are 16 times larger now than they were five years ago.

CCB has offices in major cities including Tokyo, New York, Hong Kong and Singapore.