China Merchants Bank (CMB) (simplified Chinese: ????; traditional Chinese: ????; pinyin: Zh?osh?ng Yínháng SEHK: 3968, SSE: 600036) 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.
Video China Merchants Bank
Business areas
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.
Maps China Merchants Bank
Honours
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.
References
External links
- China Merchants Bank Company Limited official website
- Harvard Business School case study 'China Merchants Bank: Here Just For You'
- Harvard Business School case study 'China Merchants Bank in Transition'
- Harvard Business School case study 'China Merchants Bank: Business Model Transformation'
- Company profile on Baidu Baike
Source of the article : Wikipedia
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