The CMB Xiaobai Card is actually a kind of credit card. Like a credit card, it is a joint credit card launched by China Merchants Bank and JD Finance. There are two main types, namely UnionPay Gold Card and Visa Royal Seal. With the card, you can enjoy the corresponding rights and interests of the credit card, especially the visa version of China Merchants Bank Little White Card, which can be unconditionally waived for the annual fee within the validity period.
In addition, the UnionPay version of China Merchants Bank’s Little White Card is suitable for domestic overdraft consumption, and the visa version is suitable for overseas overdraft consumption. You can choose according to your actual needs when applying for the card.
China Merchants Bank regards "service, innovation and stability" as its core values, adheres to the coordinated development of efficiency, quality, scale and structure, and gradually stands out among its domestic peers. In terms of corporate governance, ownership and management rights were separated from the beginning, and a modern corporate governance structure with clear division of labor, mutual checks and balances among the board of directors, board of supervisors and management team was established early.
In terms of personnel management, we took the lead in breaking the "three-iron" system of "iron rice bowl, iron position, and iron salary" that was common among domestic enterprises at that time, and implemented the principle of "people can come in and out, and cadres can be promoted and dismissed." The "six abilities" mechanism has been established, with "high abilities and low abilities".
In terms of informatization, it has taken the lead among its peers in building a unified IT platform for the whole bank, created the first telephone banking in China, and earlier realized universal deposits and withdrawals of customer funds and zero in-transit remittances. In terms of product development, many innovative business products of China Merchants Bank have obvious market competitive advantages.
All-in-one card is the first domestic bank debit card based on customer number management. Currently, more than 65 million cards have been issued, and the average card deposit has exceeded 10,000 yuan, far exceeding the national average. It is known as a customer One of my favorite bank cards; relying on the "cement mouse thumb" business development model in the mobile Internet era, China Merchants Bank pioneered the concept of mobile financial life portal in China, proposed the mobile banking design concept of "one-stop open platform for mobile financial life", and launched It has launched full-terminal mode and SIM card mode mobile wallets, and its mobile banking and iPad banking downloads rank among the top in the industry, maintaining an industry-leading customer experience.
In 2012, the comprehensive counter replacement rate of China Merchants Bank’s retail electronic channels reached 90.66, and the online corporate banking transaction settlement replacement rate reached 88.47; the credit card is the first dual-currency credit card in China that meets international standards, and the current number of cards issued exceeds 44 million, which has been compiled into an MBA teaching case by Harvard University; Golden Sunflower Financial Management is the first domestic financial product for high-end customers and enjoys a high reputation among high-end customers;
Private banking services are the most popular in China It was the first to be launched among joint-stock banks and has been rated as "China's Best Private Bank" by authoritative domestic and foreign media many times;
Cross-bank cash management is the first of its kind in the domestic industry and has become the first choice for fund management of large enterprise groups.
In addition, personal savings deposits, personal consumption loans, asset custody, corporate annuities, offshore finance and other businesses are in a leading position among joint-stock banks. China Merchants Bank's risk management has also been praised by the industry, and its asset quality has always maintained a good level. As of December 31, 2012, the Company's non-performing loan ratio was 0.65, and the non-performing loan provision coverage ratio was 352.47.