CCB

Unit addresses financial services requirements of emerging large corporates and mid-market enterprises

China's priority has been to ensure that unfinished homes get completed, while supporting the stronger firms that have so far survived the crisis

The fund will "invest in existing assets" of real estate companies and renovate the properties into rental housing, the lender said in a statement to the Shanghai stock exchange Friday.

CCB is a relatively new concept, introduced under the international Basel III norms, which says that during good times, banks must build up a capital buffer that can be drawn from when there is stress