China's second largest bank, China Construction Bank (CCB), plans to invest around $150 million to develop its Russian subsidiary, and to take advantage of what it believes to be growth potential in Russia's banking market. CCB joins The Bank of China and The Chinese Bank of Commerce and Trade as the only Chinese banks with a Russian presence. Industry experts expect CCB to move into Russia's mortgage or logistic infrastructure financing markets. CCB's move comes on the heels of the high profile departures of Santander and Barclays from retail operations in Russia.
http://rt.com/business/news/china-construction-bank-russia-923/
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