China Merchants Bank

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China Merchants Bank Company Limited
招商银行股份有限公司
Type Public company
Traded as SEHK3968 SSE: 600036
Industry Banking
Founded 1987
Headquarters Shenzhen, Guangdong, China
Area served People's Republic of China
Key people Qin Xiao (Chairman)
Ma Weihua (Governor)
Products

Multi-function debit card:"one-card"(Yi Ka Tong in Chinese);Internet bank called "Free Net Phone"(Yi Wang Tong in Chinese);

Dual-currency Credit Card;Clickgold Corporate Finance;Golden Sunflower service system for VIPs.
Services Deposit、loan and other bank services,
Operating income It gained 8.262 billion(RMB) as retained profits in the first half year of 2009.
Owners China Merchants Group (18%)
Parent China Merchants Group
Subsidiaries In China Mainland,it has built 32 Level-1 branches,50 Level-2 ones;12 directly under branches;2 oversea branches(in Hong Kong and New York),etc.
Website cmbchina.com
Headquarters of China Merchants Bank in the West Futian district of Shenzhen

China Merchants Bank (CMB) (Chinese: 招商银行; pinyin: Zhāoshāng Yínháng SEHK3968, SSE: 600036) is a bank headquartered in Shenzhen, China. Founded in 1987, it is the first share-holding commercial bank wholly owned by corporate legal entities.

CMB has over five hundred branches in mainland China and one in Hong Kong. In November 2007, as part of a drive for international growth, it won federal approval to open a branch in New York.[1]

Business areas[edit]

CMB operates its businesses through personal banking business, including personal savings, personal loans, investment banking, foreign exchange trading, gold trading and bank card services, among others; corporate banking business, including corporate savings, corporate loans, international settlements, trade financing, assets custody, financing leasing services and corporate annuities, among others, as well as online banking services and electronic banking services.

As of December 31, 2008, the Bank had 44 branches and 623 sub-branches, one representative, one credit card center, one credit loan center for small companies, as well as 1,567 self-service banks in China.

Honor[edit]

January CMB was a finalist in the second session of "Investigation on Chinese World-class Brand" of Britain Financial Times. CMB ranked 11th in "Brand Value" and "Premium Brands". 11th, January CMB ranked 1st for 4.3 times in the charts of Global Bank Price/Value/Ratio.

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