CMB

In 1987, China Merchants Bank was established in Shekou, Shenzhen, the forefront of China's reform and opening up. It was the first joint-stock commercial bank in China to be fully owned by corporate entities, and also the first pilot bank promoted by the government for reform from outside the system. It has now developed into a banking group listed in Shanghai and Hong Kong, with financial licenses for commercial banks, financial leasing, fund management, life insurance, overseas investment banks, and other financial services.

Since its establishment, China Merchants Bank has always kept in mind its mission of "contributing a true commercial bank to China" in the early days of its establishment, and has always adhered to market orientation, customer first, technology driven, and expert governance. Through its own transformation and development, China Merchants Bank has promoted continuous social and economic progress: it has taken the lead in launching the "One Card" for universal deposit and withdrawal in China, leading the industry out of the passbook era; Take the lead in implementing AUM (Total Asset Management for Customers) assessment instead of deposit assessment, guiding social wealth to shift from deposits to diversified financial allocation; Taking the lead in exploring the integration of investment and commercial banks to serve the increasingly upgrading financing needs of new economic drivers; Taking the lead in implementing digital transformation and opening up the development space for ecological management

In recent years, China Merchants Bank has closely focused on the "light banking" strategy, focusing on customers and technology, and achieving dynamic and balanced development of "quality, efficiency, and scale". By the end of 2020, China Merchants Bank had a total asset size of 8.36 trillion yuan, an annual operating revenue of 290.482 billion yuan, ROAA and ROAE of 1.23% and 15.73% respectively, maintaining industry leadership; The non-performing loan ratio has decreased by 1.07% for four consecutive years, and the asset quality has remained excellent; The provision coverage rate reached 437.68%, and the risk offsetting ability continued to strengthen. In 2021, China Merchants Bank was awarded the "Best Bank in China" award by Eurocurrency for the third consecutive year, creating the first "three consecutive championships" in the history of this award selection; Ranked 14th on the Banker's Global Banking 1000 list, an increase of 3 places from 2020; Ranked 162nd on the Fortune Global 500 list.

In the next five to ten years, China Merchants Bank will focus on the continuously upgrading financing needs of the real economy and the continuously increasing allocation needs of residents' wealth. With "big wealth management" as the main line of work and financial technology as the driving force, China Merchants Bank will be committed to bridging the supply and demand sides of assets and funds, and continuously evolve towards the advanced form of "light banking".