In 1987, China Merchants Bank (CMB) was founded in Shekou Shenzhen by China Merchants Group. CMB is the first joint-stock commercial bank wholly owned by corporate legal entities in Chinese mainland. After 37 years of growth, it has evolved into a banking group listed in both Shanghai and Hong Kong, with financial licenses covering commercial banking, financial leasing, fund management, life insurance, overseas investment banking, consumer finance, and wealth management subsidiary, etc. As at the end of June 2024, CMB had 143 branches (including Free Trade Zone branch, etc.) and 1,794 sub-branches, covering over 130 cities in Chinese mainland. For overseas markets, CMB had six branches and two representative offices. Total number of employees exceeded 110,000. In 2024, CMB ranked 179th on the Fortune Global 500 List, and 10th on the list of "Top 1,000 World Banks" released by The Banker (UK).
Since its inception, CMB has kept in mind the original aspiration of "building a real commercial bank for China", adhered to the principle of staying market-oriented, customer-centric, tech-driven, and expert-led, and promoted continuous social...
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