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What does China Merchants Bank Troika mean?
CMB Finance, China Merchants Fund, CMB International, China Merchants Letter. According to official website of China Merchants Bank, the Troika refers to wealth management and asset management which have become independent business sectors, namely CMB Wealth Management, China Merchants Fund, CMB International and China Merchants Letter. China Merchants Bank 1987 was established in Shekou, Shenzhen, with total assets of 10. 14 trillion yuan in 2022. It is the first joint-stock commercial bank wholly owned by an enterprise as a legal person in China, and it is also the first pilot bank promoted by the state from outside the system.
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