中国建设银行董事会批准《中国建设银行与美国银行信用卡合作谅解备忘录》
发布时间：2007-04-16
2007年4月16日,中国建设银行股份有限公司(香港联交所股份代号：0939；以下简称: “建行”)宣布，该行董事会于2006年4月13日举行的董事会会议，批准了《中国建设银行与美国银行信用卡合作谅解备忘录》，有关该行与美国银行信用卡业务合作的事宜将于即将举行的年度股东大会提请股东批准。
双方商定，将尽快开始在信用卡领域的合作，强强联合，提升建行信用卡业务的核心竞争力，加快业务健康发展。具体业务合作拟分两个阶段：
第一阶段为信用卡业务单元阶段 - 建行建立起独立、集中的信用卡业务单元，成立由双方人员组成的顾问委员会计划和监督业务单元的设立和营运，美国银行向信用卡业务单元派出人员提供顾问咨询服务；
第二阶段为合资公司阶段 - 在满足法律及监管要求等条件时，信用卡业务单元将转换为中国境内注册的中外合资信用卡公司，建行以信用卡业务单元的经独立第三方评估的价值作为出资，美国银行按信用卡业务单元的估值结果投入现金。双方将向合资公司董事会和高级管理层派出人员。合资公司中建行股权比例为63%，美国银行股权比例为37%。双方股权锁定期至少三年。
建行董事长郭树清指出： “目前建行信用卡业务发展态势良好，在国内信用卡市场启动时期占据了有利位置，也为下一步快速发展打下了较好的基础，而美国银行信用卡业务，具有全球领先优势，具有协助我行实现信用卡业务战略目标的潜力，对提升建行信用卡业务核心竞争力是十分必要的。我们很高兴与这样的战略投资者进行信用卡业务的紧密合作。”
美国银行董事长兼首席执行官肯尼思·D·刘易斯先生说： “对美国银行来说，这是在全世界增长速度最快的经济体之一进行的一项战略性合作。这项合作使我们能够加深与建行的伙伴关系，同时还使美国银行在新规则颁布之后能够参与该市场未来的发展，在协助建行进一步满足其客户日益增长的财务需求的同时，使两家公司都能增加营业收入。”
据悉，2005年6月17日，建行与美国银行签订的《战略协助协议》提到，“双方应本着诚实信用的原则讨论建行于未来适当时间将其信用卡业务转移至一家新的合资实体的可能性”。2006年3月起，双方就信用卡业务合作问题进行了多次讨论。
中国建设银行自2003年正式发行双币种信用卡以来，信用卡业务持续健康发展。在“建设国际一流零售银行”的总体战略部署下，建行信用卡业务不断提升市场影响力、产品竞争力、客户满意度和风险控制力，规模快速增长、质量效益稳步提高。2006年，建行信用卡业务的新增发卡量、消费交易额、透支余额都实现同比翻番增长。其中，信用卡累计发卡量634万张，当年新增发卡321.93万张，为中国第二大银行卡发卡行，市场占有率約为20%；消费交易额人民币404.67亿元，活动卡卡均消费交易额位居国内同业第一。
美国银行信用卡经营历史悠久，发卡量、贷款余额在2004年分别排全球第3、第4位，管理水平始终处于全美领先地位。美国银行2005年成功并购全球最大独立信用卡发行商美信银行（MBNA）后，累计发卡量当年达到12,240万张，账户总量7,340万、贷款余额1,890亿美元、综合资产回报率为2.4％，05年实现业务收入185亿美元、税前净利润46亿美元，均位居全美第1位；资产净损失率4.4％，比美国信用卡行业平均水平（5.5％）低1.1个百分点，在规模上成为全球第一大支付业务和银行卡服务商。此外，美国银行依靠原美信银行在信用卡关键领域的核心技术优势，大大提高了其在全球信用卡市场上的竞争力，业务发展的整体优势更加突出。
- 完 –
背景资料：
双方商定，将尽快开始在信用卡领域的合作，强强联合，提升建行信用卡业务的核心竞争力，加快业务健康发展。具体业务合作拟分两个阶段：
第一阶段为信用卡业务单元阶段 - 建行建立起独立、集中的信用卡业务单元，成立由双方人员组成的顾问委员会计划和监督业务单元的设立和营运，美国银行向信用卡业务单元派出人员提供顾问咨询服务；
第二阶段为合资公司阶段 - 在满足法律及监管要求等条件时，信用卡业务单元将转换为中国境内注册的中外合资信用卡公司，建行以信用卡业务单元的经独立第三方评估的价值作为出资，美国银行按信用卡业务单元的估值结果投入现金。双方将向合资公司董事会和高级管理层派出人员。合资公司中建行股权比例为63%，美国银行股权比例为37%。双方股权锁定期至少三年。
建行董事长郭树清指出： “目前建行信用卡业务发展态势良好，在国内信用卡市场启动时期占据了有利位置，也为下一步快速发展打下了较好的基础，而美国银行信用卡业务，具有全球领先优势，具有协助我行实现信用卡业务战略目标的潜力，对提升建行信用卡业务核心竞争力是十分必要的。我们很高兴与这样的战略投资者进行信用卡业务的紧密合作。”
美国银行董事长兼首席执行官肯尼思·D·刘易斯先生说： “对美国银行来说，这是在全世界增长速度最快的经济体之一进行的一项战略性合作。这项合作使我们能够加深与建行的伙伴关系，同时还使美国银行在新规则颁布之后能够参与该市场未来的发展，在协助建行进一步满足其客户日益增长的财务需求的同时，使两家公司都能增加营业收入。”
据悉，2005年6月17日，建行与美国银行签订的《战略协助协议》提到，“双方应本着诚实信用的原则讨论建行于未来适当时间将其信用卡业务转移至一家新的合资实体的可能性”。2006年3月起，双方就信用卡业务合作问题进行了多次讨论。
中国建设银行自2003年正式发行双币种信用卡以来，信用卡业务持续健康发展。在“建设国际一流零售银行”的总体战略部署下，建行信用卡业务不断提升市场影响力、产品竞争力、客户满意度和风险控制力，规模快速增长、质量效益稳步提高。2006年，建行信用卡业务的新增发卡量、消费交易额、透支余额都实现同比翻番增长。其中，信用卡累计发卡量634万张，当年新增发卡321.93万张，为中国第二大银行卡发卡行，市场占有率約为20%；消费交易额人民币404.67亿元，活动卡卡均消费交易额位居国内同业第一。
美国银行信用卡经营历史悠久，发卡量、贷款余额在2004年分别排全球第3、第4位，管理水平始终处于全美领先地位。美国银行2005年成功并购全球最大独立信用卡发行商美信银行（MBNA）后，累计发卡量当年达到12,240万张，账户总量7,340万、贷款余额1,890亿美元、综合资产回报率为2.4％，05年实现业务收入185亿美元、税前净利润46亿美元，均位居全美第1位；资产净损失率4.4％，比美国信用卡行业平均水平（5.5％）低1.1个百分点，在规模上成为全球第一大支付业务和银行卡服务商。此外，美国银行依靠原美信银行在信用卡关键领域的核心技术优势，大大提高了其在全球信用卡市场上的竞争力，业务发展的整体优势更加突出。
- 完 –
背景资料：
中国建设银行
中国建设银行股份有限公司（以下简称“本行”）在中国拥有悠久的经营历史。其前身中国人民建设银行于1954年成立，于1996年易名为中国建设银行，是中国的四大国有商业银行之一。本行由原中国建设银行于2004年9月分立而成立，承继了原中国建设银行的商业银行业务及相关的资产和负债。目前，建行总部设在北京，截至2006年年末，在境内设有13,629个分支机构，并在香港、新加坡、法兰克福、约翰内斯堡、东京及首尔设有分行，在伦敦、纽约设有代表处，全资拥有建银亚洲有限公司，持有中德住房储蓄银行75.1%的股权和建信基金65%的股权，拥有员工297,506人。
2006年 7月，在英国《银行家》杂志公布的按照一级资本排名的2005年世界1000强银行排名中，建行列第11位，在国内银行中居首位。2006年9月11日，建设银行正式入选恒生指数成份股，首开H股公司“染蓝”先河。2006年11月，在《21世纪经济报道》、香港中文大学工商管理学院和北京大学光华管理学院共同发布的“2006亚洲银行竞争力排名”中，建设银行名列亚洲第四位，在入选的中国内地商业银行中排名第一，被评为中国内地银行中最具竞争力的商业银行。在由《中国新闻周刊》和中国红十字基金会联合主办的全国评选活动中获“2006最具责任感企业”奖，同时，被香港《财资》杂志评为“2006年度最佳本地银行”。
美国银行
美国银行是全世界最大的金融机构之一，为个人、中小企业、大型企业提供全套银行、投资、资产管理等金融和风险管理产品及服务。该公司在美国为5,500万个人和小型企业提供服务，拥有5,700多个零售银行办事处、17,000多台自动取款机、网上银行用户超过2,100万人。美国银行是向美国小企业管理署（SBA）提供贷款总额最多的机构，也是美国向少数民族小型企业提供SBA贷款最多的机构。该公司在175个国家为客户提供服务，与美国财富500强中98%的企业保持业务关系，并与全球财富500强中80%的企业保持业务关系。美国银行公司的股票（纽约证交所代号：BAC）在纽约证券交易所上市交易。
中国建设银行股份有限公司（以下简称“本行”）在中国拥有悠久的经营历史。其前身中国人民建设银行于1954年成立，于1996年易名为中国建设银行，是中国的四大国有商业银行之一。本行由原中国建设银行于2004年9月分立而成立，承继了原中国建设银行的商业银行业务及相关的资产和负债。目前，建行总部设在北京，截至2006年年末，在境内设有13,629个分支机构，并在香港、新加坡、法兰克福、约翰内斯堡、东京及首尔设有分行，在伦敦、纽约设有代表处，全资拥有建银亚洲有限公司，持有中德住房储蓄银行75.1%的股权和建信基金65%的股权，拥有员工297,506人。
2006年 7月，在英国《银行家》杂志公布的按照一级资本排名的2005年世界1000强银行排名中，建行列第11位，在国内银行中居首位。2006年9月11日，建设银行正式入选恒生指数成份股，首开H股公司“染蓝”先河。2006年11月，在《21世纪经济报道》、香港中文大学工商管理学院和北京大学光华管理学院共同发布的“2006亚洲银行竞争力排名”中，建设银行名列亚洲第四位，在入选的中国内地商业银行中排名第一，被评为中国内地银行中最具竞争力的商业银行。在由《中国新闻周刊》和中国红十字基金会联合主办的全国评选活动中获“2006最具责任感企业”奖，同时，被香港《财资》杂志评为“2006年度最佳本地银行”。
美国银行
美国银行是全世界最大的金融机构之一，为个人、中小企业、大型企业提供全套银行、投资、资产管理等金融和风险管理产品及服务。该公司在美国为5,500万个人和小型企业提供服务，拥有5,700多个零售银行办事处、17,000多台自动取款机、网上银行用户超过2,100万人。美国银行是向美国小企业管理署（SBA）提供贷款总额最多的机构，也是美国向少数民族小型企业提供SBA贷款最多的机构。该公司在175个国家为客户提供服务，与美国财富500强中98%的企业保持业务关系，并与全球财富500强中80%的企业保持业务关系。美国银行公司的股票（纽约证交所代号：BAC）在纽约证券交易所上市交易。
China Construction Bank Board of Directors Approves Memorandum of Understanding With Bank of America
For Credit Card Cooperation
April 16, 2007 ， China Construction Bank Corporation (SEHK Stock Code: 0939; “CCB”) today announced that the board of Directors has approved a Memorandum of Understanding (“MoU”) between China Construction Bank Corporation and Bank of America outlining the two parties’ future cooperation in the credit card business, at the board meeting held on April 13, 2007. The proposed cooperation is subject to shareholder approval at the forthcoming annual general meeting.
The two parties are planning a rapid commencement of the cooperation, in order to create synergies that can further develop CCB’s credit card business and expedite its robust growth. The MoU proposes that the cooperation be implemented in two stages:
The first stage centers on the establishment of a credit card business unit – CCB will establish an independent and centralized credit card business unit and set up a consultationan advisory committee with representatives from both parties to plan and oversee the establishment and operation of the business unit. Bank of America will dispatch personnel to provide consulting services to the credit card business unit.
The second stage involves the creation of a joint venture – the credit card business will be converted into a Chinese Sino-foreign credit card joint venture, registered in China, when certain legal and regulatory and other conditions are satisfied. CCB will contribute to the joint venture the credit card business unit at a value to be determined by an independent third party, and Bank of America will contribute a cash amount based on the appraised value of the credit card business unit. Both parties will appoint representatives to the board of directors and the senior management of the joint venture. CCB will hold an interest of 63% in the joint venture and Bank of America will hold an interest of 37%. Both parties’ interest will be subject to a lockup period of no less than three years.
“CCB’s credit card business is continuing to show strong growth momentum, and is well positioned as one of the leaders in this initial stage of the country’s credit card market, creating an excellent foundation for our future development in this sector. Bank of America enjoys the leading position in the global market of the credit card business, and can help CCB accomplish its strategic goal of developing its credit card business and enhance CCB’s core competiveness in this line of business. We are pleased to cooperate with such strategic investor in this field ”, said Mr. Guo Shuqing, Chairman of CCB.
“To Bank of America, this is a strategic cooperation in one of the fastest-growing economic systems in the world. The project has strengthened our partnership with CCB, and simultaneously has made it possible for Bank of America to participate in the future development in this particular market as it adopts a new regulatory regime. We are both helping CCB satisfy customers’ increasing needs for a variety of financial services, as well as boosting the revenue of both corporations” , said Kenneth D. Lewis, Chairman and CEO of Bank of America.
The Strategic Cooperation Agreement between CCB and the Bank of America signed on June 17, 2005 stated that “both parties are obliged to, in good faith, discuss the possibility of diverting CCB’s credit card business to a new joint venture in an appropriate timeframe”. Since March 2006, the two parties have been taking part in ongoing discussions on potential cooperation in the credit card business.
Since CCB first launched its dual-currency credit cards in 2003, its credit card business has been developing rapidly. As part of the company’s overall strategy to “become a world-class retail bank”, CCB’s credit card business has demonstrated a continuous upward trend in market influence, product competitiveness, customer satisfaction and risk management. The scale of the business has also risen rapidly, leading to improvements in quality and efficiency. The number of new cards issued, the card spending and the overdraft balance in 2006 were double those of the preceding year. As the second largest credit card issuing bank in China, with a market share of about 20%, CCB has issued a total of 6.34 million credit cards, of which 3.22 million cards were newly issued in 2006. Total card spending was RMB40.467 billion and the average card spending per card was the highest among its competitors nationwide.
Bank of America’s credit card business has an extended and illustrious history. In 2004, the bank issued the third largest number of credit cards in the world, and its credit balance was the world’s fourth largest. Bank of America today sets the standard for credit card business management in the United States. The total number of credit cards issued by Bank of America reached 122.4 million after the completion of the acquisition of the MBNA Corporation, the largest independent credit card issuer in the world in 2005. The bank maintains 73.4 million accounts and a credit balance of US$189 billion. Its consolidated return on assets was 2.4%. Revenue was US$18.5 billion and profit before tax was US$4.6 billion in 2005, both the highest in the U.S market. Impairment loss of assets was 4.4%, 1.1 percentage points lower than the industry average of 5.5% in the U.S. Bank of America has become the world largest service provider of credit cards and payment businesses. Bank of America also owes its competitiveness to the core competence of MBNA on the technology front.
For Credit Card Cooperation
April 16, 2007 ， China Construction Bank Corporation (SEHK Stock Code: 0939; “CCB”) today announced that the board of Directors has approved a Memorandum of Understanding (“MoU”) between China Construction Bank Corporation and Bank of America outlining the two parties’ future cooperation in the credit card business, at the board meeting held on April 13, 2007. The proposed cooperation is subject to shareholder approval at the forthcoming annual general meeting.
The two parties are planning a rapid commencement of the cooperation, in order to create synergies that can further develop CCB’s credit card business and expedite its robust growth. The MoU proposes that the cooperation be implemented in two stages:
The first stage centers on the establishment of a credit card business unit – CCB will establish an independent and centralized credit card business unit and set up a consultationan advisory committee with representatives from both parties to plan and oversee the establishment and operation of the business unit. Bank of America will dispatch personnel to provide consulting services to the credit card business unit.
The second stage involves the creation of a joint venture – the credit card business will be converted into a Chinese Sino-foreign credit card joint venture, registered in China, when certain legal and regulatory and other conditions are satisfied. CCB will contribute to the joint venture the credit card business unit at a value to be determined by an independent third party, and Bank of America will contribute a cash amount based on the appraised value of the credit card business unit. Both parties will appoint representatives to the board of directors and the senior management of the joint venture. CCB will hold an interest of 63% in the joint venture and Bank of America will hold an interest of 37%. Both parties’ interest will be subject to a lockup period of no less than three years.
“CCB’s credit card business is continuing to show strong growth momentum, and is well positioned as one of the leaders in this initial stage of the country’s credit card market, creating an excellent foundation for our future development in this sector. Bank of America enjoys the leading position in the global market of the credit card business, and can help CCB accomplish its strategic goal of developing its credit card business and enhance CCB’s core competiveness in this line of business. We are pleased to cooperate with such strategic investor in this field ”, said Mr. Guo Shuqing, Chairman of CCB.
“To Bank of America, this is a strategic cooperation in one of the fastest-growing economic systems in the world. The project has strengthened our partnership with CCB, and simultaneously has made it possible for Bank of America to participate in the future development in this particular market as it adopts a new regulatory regime. We are both helping CCB satisfy customers’ increasing needs for a variety of financial services, as well as boosting the revenue of both corporations” , said Kenneth D. Lewis, Chairman and CEO of Bank of America.
The Strategic Cooperation Agreement between CCB and the Bank of America signed on June 17, 2005 stated that “both parties are obliged to, in good faith, discuss the possibility of diverting CCB’s credit card business to a new joint venture in an appropriate timeframe”. Since March 2006, the two parties have been taking part in ongoing discussions on potential cooperation in the credit card business.
Since CCB first launched its dual-currency credit cards in 2003, its credit card business has been developing rapidly. As part of the company’s overall strategy to “become a world-class retail bank”, CCB’s credit card business has demonstrated a continuous upward trend in market influence, product competitiveness, customer satisfaction and risk management. The scale of the business has also risen rapidly, leading to improvements in quality and efficiency. The number of new cards issued, the card spending and the overdraft balance in 2006 were double those of the preceding year. As the second largest credit card issuing bank in China, with a market share of about 20%, CCB has issued a total of 6.34 million credit cards, of which 3.22 million cards were newly issued in 2006. Total card spending was RMB40.467 billion and the average card spending per card was the highest among its competitors nationwide.
Bank of America’s credit card business has an extended and illustrious history. In 2004, the bank issued the third largest number of credit cards in the world, and its credit balance was the world’s fourth largest. Bank of America today sets the standard for credit card business management in the United States. The total number of credit cards issued by Bank of America reached 122.4 million after the completion of the acquisition of the MBNA Corporation, the largest independent credit card issuer in the world in 2005. The bank maintains 73.4 million accounts and a credit balance of US$189 billion. Its consolidated return on assets was 2.4%. Revenue was US$18.5 billion and profit before tax was US$4.6 billion in 2005, both the highest in the U.S market. Impairment loss of assets was 4.4%, 1.1 percentage points lower than the industry average of 5.5% in the U.S. Bank of America has become the world largest service provider of credit cards and payment businesses. Bank of America also owes its competitiveness to the core competence of MBNA on the technology front.
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Background Information：
China Construction Bank
The history of the China Construction Bank Corporation (“the Bank”), today one of the four largest commercial banks in China, dates back to 1954 when the People’s Construction Bank of China was founded. This entity was renamed China Construction Bank in 1996. China Construction Bank Corporation was formed in September 2004 when it separated from its predecessor, China Construction Bank, and assumed its commercial banking business and related assets and liabilities. Headquartered in Beijing, CCB had a network of 13,629 branches and sub-branches in Mainland China as of the end of 2006, and maintained overseas branches in Hong Kong, Singapore, Frankfurt, Johannesburg, Tokyo and Seoul, representative offices in London and New York. The Bank holds 100% interest of China Construction Bank (Asia) Corporation Limited, 75.1% of Sino-German Bausparkasse, and a 65% interest in CCB Principal Asset Management Co. Ltd. It has a total of 297,506 staff.
Background Information：
China Construction Bank
The history of the China Construction Bank Corporation (“the Bank”), today one of the four largest commercial banks in China, dates back to 1954 when the People’s Construction Bank of China was founded. This entity was renamed China Construction Bank in 1996. China Construction Bank Corporation was formed in September 2004 when it separated from its predecessor, China Construction Bank, and assumed its commercial banking business and related assets and liabilities. Headquartered in Beijing, CCB had a network of 13,629 branches and sub-branches in Mainland China as of the end of 2006, and maintained overseas branches in Hong Kong, Singapore, Frankfurt, Johannesburg, Tokyo and Seoul, representative offices in London and New York. The Bank holds 100% interest of China Construction Bank (Asia) Corporation Limited, 75.1% of Sino-German Bausparkasse, and a 65% interest in CCB Principal Asset Management Co. Ltd. It has a total of 297,506 staff.
In July 2006, the Bank was ranked first among all Mainland Chinese banks and 11th among all banks worldwide on the “Top 100 Banks in China” and “Top 1000 World Banks” listings repsectionly compiled by The Banker magazine, based on the tier-one capital of the banks worldwide. It became the first H-share constituent of the Hang Seng Index on September 11, 2006. In November 2006, the Bank was ranked fourth in the “2006 Asian Banks Competitiveness Ranking” jointly announced by 21st Century Business Herald, the Faculty of Business Administration of the Chinese University of Hong Kong, and Guanghua School of Management of Peking University – making it the most competitive bank in Mainland China. The Bank also won the “Most Responsible Corporate Citizen in China 2006” in an event hosted by China News Weekly and the Red Cross Society of China, and was recently named “Best Domestic Bank in China 2006” by the Asset magazine.
Bank of America
Bank of America, as one of the world’s biggest financial institutions, provides a full range of financial and risk management products and services, from banking, investment, to asset management. The Bank provides services for 55 million individuals and SMEs. It owns more than 5,700 retail bank branches, over 17,000 automated teller machines and an online bank with over 21 million users. Bank of America is the organization providing the highest loan amount to the U.S. Small Business Administration (SBA) and the highest SBA loan to the ethic minorities in the states. The corporation provides financial services in 175 countries. It has business contacts with 98% of the enterprises listed on the Fortune 500 and with 80% of the enterprises ranked in the Fortune Global 500. Bank of America Corporation (NYSE: BAC) is listed on the New York Stock Exchange.
Bank of America, as one of the world’s biggest financial institutions, provides a full range of financial and risk management products and services, from banking, investment, to asset management. The Bank provides services for 55 million individuals and SMEs. It owns more than 5,700 retail bank branches, over 17,000 automated teller machines and an online bank with over 21 million users. Bank of America is the organization providing the highest loan amount to the U.S. Small Business Administration (SBA) and the highest SBA loan to the ethic minorities in the states. The corporation provides financial services in 175 countries. It has business contacts with 98% of the enterprises listed on the Fortune 500 and with 80% of the enterprises ranked in the Fortune Global 500. Bank of America Corporation (NYSE: BAC) is listed on the New York Stock Exchange.
