CM Bank
China Merchants Bank (CMB) is a Chinese bank based in Futian District, Shenzhen, Guangdong, China. Founded in 1987, it is the first share-holding commercial bank fully owned by corporate legal entities in China.
CMB has over five hundred stores in mainland China and one in Hong Kong. In November 2007, as part of a drive for foreign growth, it won federal approval to open a branch in New York City.
CMB runs the following businesses:
- Personal Banking Business, including personal savings, personal loans, foreign exchange and stock trading, gold buying and bank card services, among others.
- Corporate & Investment Banking Business, including corporate savings, corporate loans, foreign settlements, trade financing, assets custody, M&A advisory, FX, fixed income, syndication among others.
- As of December 31, 2008, the Bank had 44 branches and 623 sub-branches, one representative, one credit card center, one credit loan center for small business, as well as 1,567 self-service banks in China
The China Merchants Bank Headquarters are based in Shenzhen, China. Part of the modernization and growth of the city in the early 2000s. Architects, Lee/Timchula architects also developed the central city plan for Shenzhen and the focal building, the Shenzhen Citizen's Center.
Founded: 1987
Headquarters: China Merchants Bank Tower, Futian District, Shenzhen, Guangdong
Website: https://www.cmbchina.com
