China Merchants Bank

China Merchants Bank Company Limited
招商銀行股份有限公司

Type	Public company
Traded as	SEHK: 3968 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)
Owner(s)	China Merchants Group (18%)
Parent	China Merchants Group
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 SEHK: 3968, 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.

Business areas

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.

External links

• China Merchants Bank Company Limited
• Harvard Business School Case Study