 | |
 | |
Native name | 招商银行股份有限公司 |
|---|---|
| Company type | Public |
| Industry | Banking |
| Founded | 8 April 1987 |
| Founder | Yuan Geng |
| Headquarters | , |
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)[1] |
| CN¥106.5 billion $15.5 billion (2018)[1] | |
| CN¥80.56 billion $11.7 billion (2018)[1] | |
| Total assets | CN¥6.746 trillion $980 billion (2018)[1] |
| Total equity | CN¥543.61 billion $79.01 billion (2018)[1] |
| Owner | China Merchants Group (18%) |
Number of employees | 74,590 (2018)[1] |
| Website | [1] |
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 listed on the Shanghai Stock Exchange in 2002 and the Hong Kong Stock Exchange in 2006.[2]
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.[3] In 2008, China Merchants Bank was the first Chinese bank to open a branch in the United States.[2]
In 2023, China Merchants Bank was ranked 26th in Forbes Global 2000.[4]
- ^ a b c d e f "Annual Report 2018" (PDF). China Merchants Bank Company Limited. 22 March 2019. Retrieved 1 June 2019.
- ^ a b "China Merchants Bank". Banks around the World. Archived from the original on 22 March 2023. Retrieved 8 February 2024.
- ^ "FEDERAL RESERVE SYSTEM – Order Approving Establishment of a Branch" (PDF).
- ^ "The Global 2000 2023". Forbes. Archived from the original on 29 January 2024. Retrieved 7 February 2024.