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. On June 26, 219, eight banks, including China Merchants Bank, launched the first batch of enterprise information networking verification systems. In July 219, the 219 Fortune Global 5 was released and ranked 188th. In November 219, the "Belt and Road" China Top 1 Enterprises ranked 85th. In December 219, China Merchants Bank was selected as one of the top 1 brands in the 219 China Brand Power Festival. On December 18th, 219, People's Daily ranked 31st on the "China Brand Development Index" 1 list. On January 13th, 22, it was selected as the winner list of 22 Hurun to Shangyou products. In March 22, it was selected as the 74th in the Top 5 Global Brand Values in 22. In May, 221, it ranked 22nd in "221 Forbes Global Enterprises 2". [
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. On April 2, 215, China Merchants Group Co., Ltd. planned major events. In order to ensure fair information disclosure, safeguard the interests of investors and avoid abnormal fluctuations in the company's share price, the company's shares were suspended from trading on April 3, 215 upon the company's application. [2] In August 216, China Merchants Bank ranked 39th in the "Top 5 Chinese Enterprises in 216".
Zhao Yue, the largest private bank in China, took over as the general manager of the private banking department of China Merchants Bank [71] and switched to a foreign bank. "