China Merchants Bank (1987) was established in Shekou, Shenzhen. It is the first joint-stock commercial bank wholly owned by an enterprise as a legal person in China and the first pilot bank to promote banking reform from outside the system. China Merchants Bank is headquartered in Futian District, Shenzhen. On April 9, 2002, China Merchants Bank A shares were listed on the Shanghai Stock Exchange. On September 8, 2006, China Merchants Bank began its public offering in Hong Kong, issuing about 2.2 billion H shares and raising HK$ 20 billion. It was listed on the Hong Kong Stock Exchange on September 22. The net capital exceeds 290 billion, and the total assets exceed 4.4 trillion.
The development goal of China Merchants Bank is to become a leading retail bank in China. 1In July, 1995, the one-card bank card was launched.1In September, 1999, Netcom, the first online bank in China, was launched, which became a widely used online payment tool for many enterprises and e-commerce websites, and promoted the development of e-commerce in China to some extent.
Product service
Debit card: It can be divided into one card and golden sunflower card, and has the functions of fixed deposit, multi-currency, and multi-function. Credit card: a credit card in the form of chip and magnetic stripe, which has all functions such as overdraft and integral. Golden sunflower financial management: a comprehensive financial management service system for individual high-end customers, covering liabilities, assets, intermediary business and financial consultants. China Merchants Cigna: China Merchants Cigna Asset Management was approved as the fourth foreign-funded insurance asset management company.