Ann: Debt Financing Expressions of Interest Received for CEIP, page-3

About China Development Bank (CDB)
Established in 19941, China Development Bank (CDB) specialises in development finance for projects in support of China’s national priorities. CDB’s chief function has been the financing of large infrastructure projects, including the Three Gorges Dam and Shanghai Pudong International Airport. CDB directs 47.83%2 of its lending portfolio to railways, roads, electricity and public infrastructure, and 14%3 of its lending portfolio is directed offshore.

About Industrial and Commercial Bank of China (ICBC)
Industrial and Commercial Bank of China (ICBC) is the largest bank in the world with USD 3,420 billion in assets4. ICBC was established in 1984 and listed on the Hong Kong and Shanghai Stock Exchanges in 2006. ICBC has a presence in 42 countries and has 496 million5 retail customers and 5.326 million corporate customers. In 2016, The Industrial and Commercial Bank of China (ICBC) topped The Bankers Top 1000 World Banks Ranking list for the fourth consecutive year, with year on year Tier 1 capital growth from USD 248.6 to USD 274.4 billion in 20157. ICBC is also ranked number one on the Forbes World’s Largest Public Companies list in 20168, with assets of USD 3,420.3 billion and market value of USD 198 billion.

About China Construction Bank (CCB)
China Construction Bank (CCB) is the second largest bank in the world with USD 2,862 billion in assets and a market valuation of USD 162.8 billion9. Established in 1954 as a wholly state owned bank, The People’s Construction Bank of China originated from The Bank of Canton, the first locally incorporated Bank owned by the Chinese people. Renamed in 1996 to the China Construction Bank, CCB acquired a 100% interest in Bank of America (Asia) in 2006 and AIG Finance (Hong Kong) in 2009. CCB now has 341 million retail customers10 and 14,917 branches and is listed on both the Hong Kong and Shanghai Stock Exchanges.
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