China Merchants Bank Company Limited

China Merchants Bank Company Limited
	CMB Tower in Shenzhen2021.jpg
	Headquarters of China Merchants Bank in the West Futian District of Shenzhen
Native name	招商银行股份有限公司
Type	Public
Traded as	SSE: 600036; SEHK: 3968;
ISIN	🆔
Industry	Banking
Founded 📆	1987; 37 years ago
Founder 👔	Yuan Geng
Headquarters 🏙️	, China Merchants Bank Tower, Futian District, Shenzhen, Guangdong, China
Area served 🗺️	Worldwide
Key people	Miao JianMin (Chairman); Wang Liang (President & CEO)
Services	Deposit, loan, credit card and other banking services.
Revenue🤑	CN¥225.61 billion; $60.4 billion (2020)
Operating income	CN¥106.5 billion; $15.5 billion (2018)
Net income	CN¥80.56 billion; $11.7 billion (2018)
Total assets	CN¥6.746 trillion; $980 billion (2018)
Total equity	CN¥543,61 billion; $79,01 billion (2018)
Owner	China Merchants Group (18%)
Members
Number of employees	74,590 (2018)
🌐 Website	[1]
📇 Address
📞 telephone
	;

China Merchants Bank (CMB) (Chinese: 招商银行; pinyin: Zhāoshāng Yínháng) is a Chinese 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 in China.

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.^[2]

Business areas[edit]

CMB operates the following businesses:

Personal Banking Business, including personal savings, personal loans, foreign exchange and stock 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.

Headquarters[edit]

The China Merchants Bank Headquarters are located in Shenzhen, China. Part of the modernization and development of the city in the early 2000s. Architects, Lee/Timchula architects also designed the central city plan for Shenzhen and the focal building, the Shenzhen Citizen's Center.

References[edit]

↑ ^1.0 ^1.1 ^1.2 ^1.3 ^1.4 ^1.5 "Annual Report 2018" (PDF). China Merchants Bank Company Limited. 2019-03-22. Retrieved 2019-06-01.
↑ "FEDERAL RESERVE SYSTEM – Order Approving Establishment of a Branch" (PDF).

External links[edit]

[ar2018-1] 1.0 ^1.1 ^1.2 ^1.3 ^1.4 ^1.5 "Annual Report 2018" (PDF). China Merchants Bank Company Limited. 2019-03-22. Retrieved 2019-06-01.

[2] "FEDERAL RESERVE SYSTEM – Order Approving Establishment of a Branch" (PDF).

[1]

[2]