- CEO
- Liang Wang
- Full Time Employees
- 117,201
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- China Merchants Bank Tower Shenzhen People's Republic of China 518040
- IPO Date
- Jun 8, 2007
- Business
- China Merchants Bank Co., Ltd. (CIHHF) operates as a leading joint-stock commercial bank in China, providing a comprehensive range of retail finance, corporate finance, investment banking, financial markets, and wealth and asset management services; its core offerings include personal savings, loans, bank cards, foreign exchange and stock trading, gold trading, corporate loans, international settlements, trade financing, assets custody, mergers and acquisitions advisory, fixed income products, syndication loans, credit cards, wealth management products under brands such as Sunflower Wealth Management, fund and insurance agency distribution, custody services, and digital banking via platforms like the CMB App and CMB Life App with over 117 million monthly active users. Founded in 1987 and headquartered at 7088 Shennan Boulevard, Futian District, Shenzhen, Guangdong Province, the bank maintains an extensive network of 143 branches and 1,781 sub-branches across more than 130 cities in mainland China, six overseas branches, and representative offices in locations including Hong Kong, New York, London, Singapore, Luxembourg, and Taipei; it serves 197 million retail customers and 2.82 million corporate clients, with total assets of RMB 11.03 trillion and subsidiaries encompassing CMB Wing Lung Bank, CMB Financial Leasing, CMB Wealth Management, China Merchants Fund Management, and CIGNA & CMB Life Insurance. Recent developments include the tokenization of its CMB International USD Money Market Fund, valued at US$3.5 billion, by Hong Kong subsidiary CMB International Asset Management on the BNB Chain in October 2025 to expand access for accredited investors via fiat and stablecoin subscriptions; approval in November 2025 for its financial asset investment unit to commence operations; and a strategic shift announced by President Wang Liang in November 2025 toward transformation, upgrading, and value creation, emphasizing internationalization, integration, differentiation, and digital intelligence in the Greater Bay Area while advancing sci-tech, green, inclusive, and intelligent manufacturing finance.