CHINA MERCHANTS BANK CO., LTD

Established in 1987 in Shenzhen, the forefront of China’s reform and opening-up drive, China Merchants Bank (CMB) has developed into the most influential commercial bank brand in China thanks to continuous financial innovation, quality customer service, prudent management and strong business performance. For many consecutive years, CMB has been ranked among China’s top commercial banks according to comprehensive assessment by CBRC. The bank has won a number of titles, including the Best Commercial Bank of China, the Best Retail Bank in China, the Best Private Bank in China, China’s Best Custody Specialist from the British Financial Times, Euromoney and The Asset. The Bank was shortlisted as a World-Class Chinese Brand and ranked No. 1 in the P/B list of the world’s top 50 banks with the largest market value by the British Financial Times. It was also listed No.60 among the world's Top 1,000 Banks by The Banker.

Between December 3, 2002 - when CMB issued the first global standard dual-currency credit card in China - and December 2009, CMB had issued over 200 credit card products, positioning it as the largest credit card issuer in China. Based on the service philosophy of We are here just for you, CMB Credit Card Center continues subdividing our customer base to provide credit cards for various customers.

In 1987, China Merchants Bank (CMB) was founded in Shekou Industrial Zone of Shenzhen, the forefront of China's reform and opening-up. It is China's first joint-stock commercial bank wholly owned by corporate legal entities and represents the first pilot bank to promote China's banking reform driven by endeavors outside the government. By the end of 2017, with over 70,000 employees, CMB has set up a service network that consists of more than 1,800 branches worldwide including six overseas branches, three overseas representative offices, and service outlets located in more than 130 cities of mainland China. In mainland China, CMB has two subsidiaries, namely CMB Financial Leasing (wholly-owned) and China Merchants Fund (with controlling stake), and two joint ventures, namely CIGNA & CMB Life Insurance (50% in shareholding) and Merchants Union Consumer Finance Company (50% in shareholding). In Hong Kong, it has two wholly-owned subsidiaries, namely Wing Lung Bank and CMB International Capital. CMB has evolved into a comprehensive banking group equipped with financial licenses of commercial banking, financial leasing, fund management, life insurance, and overseas investment banking. In recent years, CMB has pushed forward the Light-operation Bank strategy in pursuit of dynamic balance in quality, profitability, and scale, and fostered a safer structure, more distinctive features, and a more clear business model. In 2017, CMB maintained stable asset growth and strong profitability with a profit growth among the highest in the industry, and improved asset quality with declining balance and ratio of non-performing loans. CMB's market value surpassed RMB 710 billion at the end of 2017, ranking 11th among global listed banks.