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China Merchants Bank Co., Ltd. (China)

Main Activities: Commercial Banking
Full name: China Merchants Bank Co., Ltd. Profile Updated: April 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

China Merchants Bank Co., Ltd. is a nationwide commercial bank and a leading retail bank in China. It has branches in over 100 cities in mainland China and Hong Kong, with a total of more than 900 outlets. The company also has a branch and representative office in New York, as well as representative offices in London and Taipei. It has established correspondent relationships with over 900 banks in more than 70 countries and regions worldwide. The company is listed in Hong Kong and Shanghai. Its "Yi Ka Tong" card is recognized as an innovative product in personal finance in China. China Merchants Bank is also the bank with the highest number of credit card issuances in China. The company is currently undergoing a strategic transformation, focusing on adjusting its revenue and customer structure. It is actively developing retail banking, intermediary business, credit card business, and small and medium-sized enterprise business. The company aims to increase the proportion of non-interest income and has achieved positive results in its business transformation.

Headquarters
7088 Shennan Boul. Futian Dt. Shenzhen Guangdong
Shenzhen; Guangdong; Postal Code: 518040

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Website: http://www.cmbchina.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
March 31, 1987
Key Executives
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Chairman
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Executive Director
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Executive Director
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Executive Director
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Vice President
Ownership Details
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18.06%
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13.04%
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6.24%
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4.99%
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4.55%
Subsidiaries
Bank of Taizhou Co., Ltd.
CMB Financial Leasing Co., Ltd.
CMB International Financial Holdings Co., Ltd.
Company Performance
Financial values in the chart are available after China Merchants Bank Co., Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net interest income
-1.63%
Operating profit (EBIT)
6.97%
Net Profit (Loss) for the Period
5.25%
Total assets
8.77%
Total equity
13.78%
Total Assets Trend
-0.85%
Net Interest Income Trend
N/A
Loans to Deposits Ratio
66.02%
Loans to Asset Ratio
56.38%

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