Is Qingdao Construction Bank and Shandong Construction Bank equivalent?

Yes The full name of Qingdao Construction Bank is China Construction Bank Co., Ltd. Qingdao Branch was established in June 1954 and June 10, and it is a tier-one branch directly under the head office. The full name of Shandong Construction Bank is China Construction Bank Shandong Branch, which is a first-class branch under the head office of China Construction Bank. It is a joint-stock commercial bank with a leading banking industry in Shandong Province and a development history of more than 60 years. Both banks are tier-one branches and belong to the same level.