China Merchants Bank

{{Short description|State-Owned Bank of China}}

{{Use dmy dates|date=December 2023}}

{{Infobox company

| name = China Merchants Bank Company Limited

| native_name = 招商银行股份有限公司

| logo = China Merchants Bank logo.svg

| image = CMB Tower in Shenzhen2021.jpg

| image_size = 200px

| image_caption = Headquarters of China Merchants Bank in the West Futian District of Shenzhen, China

| type = Public

| traded_as = {{ubl|{{SSE|600036}}|{{hkse|3968}}|CSI A50}}

| genre =

| foundation = {{start date and age|1987|4|8|df=y}}

| founder = Yuan Geng

| location_city = China Merchants Bank Tower, Futian District, Shenzhen, Guangdong

| location_country = China

| location =

| key_people = Miao JianMin (Chairman)
Wang Liang (President & CEO)

| area_served = Worldwide

| industry = Banking

| products =

| services = Deposit, loan, credit card and other banking services.

| revenue = {{Increase}} CNY¥{{FXConvert|CHN|225.61|b}} (2020){{cite web|title=Annual Report 2018|url=http://file.cmbimg.com/cmbir/201904/476b7790-2259-4f08-a457-f1437d92620b.pdf|date=22 March 2019|publisher=China Merchants Bank Company Limited|access-date=1 June 2019|language=en}}

| operating_income = {{Increase}} CNY¥{{FXConvert|CHN|106.5|b}} (2018)

| net_income = {{Increase}} CNY¥{{FXConvert|CHN|80.56|b}} (2018)

| assets = {{Increase}} CNY¥{{FXConvert|CHN|6.746|t}} (2018)

| equity = {{Increase}} CNY¥{{FXConvert|CHN|543.61|b}} (2018)

| num_employees = 74,590 (2018)

| divisions =

| subsid =

| owner = China Merchants Group (18%)

| parent =

| homepage = [https://www.cmbchina.com]

| module = {{infobox Chinese

| child = yes

| s = 招商银行

| t = 招商銀行

| p = Zhāoshāng Yínháng

| w =

| mi =

| y =

| j =

| poj =

| l =

| order = st}}

}}

China Merchants Bank (CMB) ({{zh|s=|t=|p=Zhāoshāng Yínháng|c=招商银行}}) is a Chinese bank headquartered in Futian District, Shenzhen, Guangdong, China. Founded in 1987, it is the first share-holding commercial bank wholly owned by corporate legal entities in China. CMB listed on the Shanghai Stock Exchange in 2002 and the Hong Kong Stock Exchange in 2006.{{Cite web|lang=en|url=https://www.relbanks.com/asia/china/china-merchants-bank|title=China Merchants Bank|website=Banks around the World|access-date=2024-02-08|archive-date=2023-03-22|archive-url=https://web.archive.org/web/20230322125505/https://www.relbanks.com/asia/china/china-merchants-bank}}

CMB has over five hundred branches in mainland China and one in Hong Kong. In November 2007, as part of a drive for international growth, it won federal approval to open a branch in New York City.{{Cite web|url=http://www.federalreserve.gov/newsevents/press/orders/orders20071108a1.pdf|title=FEDERAL RESERVE SYSTEM – Order Approving Establishment of a Branch}} In 2008, China Merchants Bank was the first Chinese bank to open a branch in the United States.

On 19 January 2016, with the approval of the China Banking Regulatory Commission and the UK financial regulatory authorities, China Merchants Bank officially opened its London branch. This is the first branch of a Chinese joint-stock bank to be approved in the UK.{{Cite web |title=招商银行伦敦分行获批成立-搜狐财经 |url=https://business.sohu.com/20160125/n435685022.shtml |access-date=2024-10-09 |website=business.sohu.com}}{{Cite web |title=招商银行伦敦分行获批成立 |url=http://gb.mofcom.gov.cn/article/jmxw/201601/20160101241219.shtml |access-date=2024-10-09 |website=gb.mofcom.gov.cn}}

In October 2021, it was assessed and designated as a Domestic Systemically Important Bank.{{Cite web |last=央行 |date=2021-10-15 |title=央行、银保监会发布我国系统重要性银行名单 |url=https://finance.sina.com.cn/money/bank/2021-10-15/doc-iktzqtyu1626796.shtml |access-date=2024-10-09 |website=finance.sina.com.cn}}{{Cite web |title=Ready Card Balance |url=https://rcbalance.org/ |access-date=2024-10-09 |website=rcbalance.org}}{{Cite web |title=国家金融监督管理总局 |url=https://www.cbirc.gov.cn/cn/view/pages/ItemDetail.html?docId=1128949&itemId=915#:~:text=%E6%8C%89%E7%B3%BB%E7%BB%9F%E9%87%8D%E8%A6%81%E6%80%A7%E5%BE%97%E5%88%86,%E9%93%B6%E8%A1%8C%E3%80%81%E4%B8%AD%E5%9B%BD%E5%BB%BA%E8%AE%BE%E9%93%B6%E8%A1%8C%E3%80%81%E4%B8%AD%E5%9B%BD |access-date=2024-10-09 |website=www.cbirc.gov.cn |language=zh-cn}}

In 2023, China Merchants Bank was ranked 26th in Forbes Global 2000.{{Cite web|lang=en|url=https://www.forbes.com/lists/global2000/?sh=51d599675ac0|title=The Global 2000 2023|website=Forbes|access-date=2024-02-07|archive-date=2024-01-29|archive-url=https://web.archive.org/web/20240129031905/https://www.forbes.com/lists/global2000/?sh=4f5ab07e5ac0}}