China Merchants Bank
|Traded as||SEHK: 3968
|Headquarters||Futian District, Shenzhen, Guangdong, China|
|Qin Xiao (Chairman)
Ma Weihua (Governor)
|Products||Multi-functional 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 banking services.|
|It gained RMB 8.262 billion as retained profits in the first half of 2009.|
|Owner||China Merchants Group (18%)|
|Parent||China Merchants Group|
|Subsidiaries||In mainland China, it has built 12 direct branches, 32 first-tier branches, 50 second-tier branches, and 2 oversea branches (in Hong Kong and New York City) etc.|
|Slogan||To be blue-chip in the Stock Market, create a centenary "China Merchants Bank".|
China Merchants Bank (CMB) (simplified Chinese: 招商银行; traditional Chinese: 招商銀行; pinyin: Zhāoshāng Yínháng SEHK: 3968, SSE: 600036) is a bank headquartered in Futian District, Shenzhen, Guangdong, 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 City. As of 2015, it ranks 3rd of all Chinese companies for net cash and equivalents with the amount being over 117% of its market capital.
CMB operates the following businesses:
Personal Banking Business, including personal savings, personal loans, investment banking, foreign exchange trading, gold trading and bank card services, among others.
Corporate & Investment Banking Business, including corporate savings, corporate loans, international settlements, trade financing, assets custody, M&A advisory, FX, fixed income, syndication among others.
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.
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.
|Wikimedia Commons has media related to China Merchants Bank.|
- China Merchants Bank Company Limited official website
- Harvard Business School case study
- Company profile on Baidu Baike