Company Profile

China Merchants Bank was founded in Shekou, Shenzhen, the forefront of China's reform and opening up in 1987. It is the first joint-stock commercial bank in China that is fully owned by an enterprise legal person, and also the first pilot bank to promote banking reform outside the system.

Since its birth, China Merchants Bank has created dozens of firsts in China's banking industry: it has innovatively launched the landmark first debit card in China based on customer number management - "all-in-one card"; The first real online banking - "All in One", the first international standard dual currency credit card; The first wealth management product for high-end customers - "Sunflower Wealth Management"; It took the lead in launching the first intelligent investment advisory product in the banking industry - "Capricorn Intelligent Investment", which now has a scale of more than 10 billion, creating a new integrated service model of "people and machines" and "online and offline" in China's wealth management field; In addition, it took the lead in launching offshore business, buyer's credit, domestic L/C business, enterprise annuity business, cash management business, bank customs clearance business, corporate finance and online acceptance bill business in the domestic banking industry.

Since its establishment 32 years ago, China Merchants Bank has always adhered to the business service concept of "change for you", and its brand popularity has been increasing. In the 2019 Top 1000 Global Banking Brands announced by the British authoritative financial magazine The Banker, China Merchants Bank's brand value ranks ninth in the world, and tier one capital ranks 19th in the world; In the Fortune Global 500 list, China Merchants Bank has been on the list for eight consecutive years, and ranked 188th in the world in 2019.

As of December 31, 2019, China Merchants Bank had more than 1800 domestic and overseas branches, set up service outlets in more than 130 cities in mainland China, 6 overseas branches and 2 overseas representative offices, and more than 80000 employees. In addition, China Merchants Bank also wholly owns China Merchants Bank Financial Leasing Co., Ltd., controls China Merchants Fund Management Co., Ltd., holds 50% equity of China Merchants Sinosure Life Insurance Co., Ltd., and 50% equity of China Merchants Union Consumer Finance Co., Ltd; In Hong Kong, wholly-owned Wing Lung Bank Co., Ltd. and China Merchants Bank International Financial Holding Co., Ltd. are banking groups with commercial banking, financial leasing, fund management, life insurance, overseas investment banking and other financial licenses.

In recent years, China Merchants Bank has continued to promote the construction of "light bank", achieving a dynamic and balanced development of "quality, efficiency and scale", with a safer structure, more distinctive characteristics and clearer model. At the end of December 2019, the total market value of China Merchants Bank was 939.9 billion yuan, ranking among the top ten in the world.

Facing the future, China Merchants Bank put forward a new orientation of "financial technology bank", closely focusing on customer needs, deeply integrating technology and business, driving business agility with technological agility, and creating the best customer experience.