China Construction Bank Corporation, Toronto Branch (CCBTO) under the guidance, direction and order of Canada's Minister of Finance and the Office of the Superintendent of Financial Institutions (OSFI), received its "Order to Commence Business" in October, 2014. The opening of the Toronto Branch marked the establishment of CCB's first branch in Canada and the first Chinese bank to have a full service branch license in Canada thereby emphasizing the Bank's international strategy and intent of providing its domestic and international clients with products and services both in China as well as around the world. The Toronto Branch, which supports China- Canada economic business development, specializes in comprehensive wholesale banking business including Corporate Banking, Trade Finance (including Renminbi (RMB) trade related settlement), Treasury, Foreign Exchange, Time and Demand Deposits and Correspondent Banking. Notwithstanding its physical presence in Canada's financial centre, the Toronto Branch's highly effective team provides relationship management products and services across Canada bringing to bear the financial strength and diverse customer base of one of the world's largest international banks in order to expand business between China and Canada.
