China Construction Bank’s interim report in 2019 was all about inclusivity. Chairman Tian Guoli and vice-chairman Liu Guiping directed investor attention toward a new strategy designed to position the bank as a bastion of sustainability. At the heart of it were home leasing, inclusive finance and fintech.
The headline act was Yunongtong, a new service aimed at accelerating rural financial reform, with the aim of creating what CCB describes as “smart rural areas”.
This year, inclusivity took a back seat to the pandemic.
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