Extended information:
China Merchants Bank was established in Shekou, Shenzhen in 1987. 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.
It has been shortlisted for seven consecutive years since it was first named in the Fortune Global 5 in 212, and ranked 213th in the Fortune Global 5 in 218. [5-6] On June 26, 219, eight banks, including China Merchants Bank, launched the first batch of enterprise information networking verification systems.
China Merchants Bank is headquartered in Futian District, Shenzhen. On April 9, 22, China Merchants Bank A shares were listed on the Shanghai Stock Exchange. On September 8, 26, China Merchants Bank started its public offering in Hong Kong, issuing about 2.2 billion H shares, raising 2 billion Hong Kong dollars, and listed on the Hong Kong Stock Exchange on September 22.
the net capital exceeds 29 billion, and the total assets exceed 4.4 trillion. By the first half of 217, China Merchants Bank had more than 1,8 domestic and overseas branches, set up service outlets in more than 13 cities in Chinese mainland, and had 5 overseas branches and 3 overseas representative offices with more than 7, employees.
In addition, China Merchants Bank also wholly owns CMB Financial Leasing Co., Ltd. and holds China Merchants Fund Management Co., Ltd., holding 5% equity of China Merchants Cigna Life Insurance Co., Ltd. and 5% equity of Zhaolian Consumer Finance Company; Wing Lung Bank Limited and CMB International Financial Holdings Limited are wholly-owned in Hong Kong.
The development goal of China Merchants Bank is to become a leading retail bank in China. In July 1995, the bank card card was launched, and in 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.
credit card limit, also known as credit card available limit, refers to the maximum amount that you can use with your credit card, which includes the credit limit (that is, the maximum credit card overdraft limit) and the amount deposited in the credit card.
the amount of any credit card depends on the effective income provided by the individual in the application process and the guaranteed value of the assets. The credit limit of a credit card is positively related to the income and secured assets of the applicant, that is, the higher the income and secured assets, the higher the credit limit.