- CEO
- Yingxin Gao
- Full Time Employees
- 63,490
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- China Minsheng Bank Building Beijing People's Republic of China 100031
- IPO Date
- Jun 24, 2013
- Business
- China Minsheng Banking Corp., Ltd. (CMBC) operates as China's first national joint-stock commercial bank primarily focused on serving non-state-owned enterprises, small and micro businesses, retail customers, and corporate clients through comprehensive banking products and services. The bank offers deposit products including savings accounts, deposit certificates, contracted deposits, agreement deposits, call deposits, corporate term deposits, and current deposits; lending solutions such as personal housing mortgages, automobile purchase loans, household composite consumption loans, micro-credit, medium- and long-term loans, short-term working capital loans, trade finance, industrial chain finance, and green finance products like emission reduction loans and carbon footprint-linked loans; card services encompassing debit and credit cards; and additional services including appointed and domestic remittances, payment and collection agency, clearing, safe deposit boxes, VIP management, salary agent cards, internet/mobile/telephone/self-service banking, cash management, letters of guarantee, forex settlement and remittance, travelers promissory notes, comprehensive credit granting, asset management, trust financing, and non-financial services in education, business travel, arts, luxury, health, and sports. Its operations span commercial banking, financial leasing, fund management, global investment banking, and wealth management, conducted through 41 tier-1 branches, 105 tier-2 branches, over 2,400 outlets including 1,100 community sub-branches and 142 small business sub-branches across 139 cities in mainland China, plus branches in Hong Kong and London. Founded in January 1996 and headquartered in Beijing, CMBC maintains total assets exceeding RMB 7.8 trillion and employs nearly 63,000 people. Recent developments include strengthened ecosystem collaborations with governments, universities, and industrial partners for one-stop equity, debt, credit, and insurance services; innovations in transition and carbon finance such as syndicated loans linked to biodiversity and sustainable development; elevated MSCI ESG rating to AAA in 2024, the highest globally; progression under its 2021-2025 Five-Year Development Plan emphasizing digital transformation with a distributed core system and AI applications; and expanded green finance initiatives supporting carbon markets, marine economy, forestry, and new energy vehicles.