CM Bank

China Merchants Bank (CMB) is a Chinese bank with its headquarters in Shenzhen, Guangdong, China's Futian District. It was established in 1987 and is the country's first share-holding commercial bank that is entirely owned by corporate legal entities.

CMB has one branch in Hong Kong and more than 500 locations on the Chinese mainland. It received a federal license to establish a branch in New York City in November 2007 as part of a strategy for international expansion. China's Shenzhen is home to the headquarters of the China Merchants Bank. Early in the new millennium, the city began to modernize and grow. The Shenzhen Citizen's Center, the core building, and the central city layout were also created by architects Lee and Timchula.

The market capitalization of CM Bank was $126.08 billion as of April 2023. By market cap, this places CM Bank as the 98th most valuable corporation in the entire world. The most recent financial reports from CM Bank indicate that the company's current revenue (TTM) is $51.21 B. The corporation generated $50.23 billion in revenue in 2021, an increase above the $41.62 billion it generated in revenue in 2020.

Founded: 1987
Headquarters: China Merchants Bank Tower, Futian District, Shenzhen, Guangdong, China
Website: https://www.cmbchina.com/