CCB Leasing International (CCBLI) today announced the establishment of its international headquarters in Ireland.
CCBLI is a wholly owned subsidiary of China Construction Bank (CCB), one of the world’s largest companies.
CCBLI plans to grow its aircraft leasing business from 17 to 200 aircraft over the next five years.
“Ireland is an ideal launch pad for European, African and American markets and we aim to expand into shipping and other leasing activities from our Irish base in the future,” said Mr Hongzhang Wang, Chairman of China Construction Bank at the opening ceremony.
“CCBLI’s international expansion of its aircraft leasing division is integral to the development of our transport portfolio and will assist in establishing CCBLI as a world eader in leasing business.”
In a bilateral meeting with Minister for Business and Employment Ged Nash following the ceremony, Mr. Wang and senior CCB officials discussed CCBLI’s performance strategy nd outlined their growth plan for Ireland.