China Merchants Bank

China Merchants Bank

Community score

+1.10 -55
SASB Industry: Commercial Banks
Listing country: China
Year added: 2021

Founded in 1987, China Merchants Bank (CMB), headquartered in Shenzhen, Guangdong, China, has grown into a leading financial institution, recognized by its logo and known for a wide range of financial services. The bank is divided into several key business segments, making it a comprehensive service provider in the financial industry. Within its Wholesale Finance division, CMB provides an array of services to corporate clients, including corporate banking, investment banking, and asset management, delivering solutions tailored to business enterprises. Retail Finance is another vital segment, where individual customers can avail themselves of personal banking services such as deposits, loans, credit cards, and wealth management, strengthening personal financial goals. Furthermore, CMB addresses specialized financial needs through its Interbank and Capital Markets Operations, engaging in the interbank market transactions and trading while managing treasury operations. While the bank's roots are deeply embedded in China, CMB's reach has extended beyond its home borders. Although it mainly operates in Mainland China, where it offers most of its products and services, the bank also plays a significant role in the Hong Kong market. Beyond these areas, CMB has an international presence with branches and subsidiaries located in various financial hubs around the world, including London, Luxembourg, New York, Singapore, Sydney, and Taipei. CMB incorporates various branded offerings, including the noteworthy "Wing Lung Bank," a wholly-owned subsidiary based in Hong Kong. This expansive network of brands and services underlines CMB's commitment to growth and its importance in the global banking sector. (Powered by AI)

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Most negative / positive SDG

+2.85
-3.37