2) China Construction Bank – Company Assets: $2,449.5 billion
Dating from 1954, CCB was originally a state owned bank known as the People’s Construction Bank of China when it was under the direction of the Ministry of Transport as a distributor of national construction project funds. By 1979 it had evolved into more directly commercial endeavors, finally becoming a full service commercial bank in 1994 and re-named China Construction Bank in 1996. The company has rapidly grown to become the largest banking institution in China, with current assets of almost $2.5 trillion.
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