About

China Merchants Bank (CMB) is a Chinese banking institution headquartered in Futian District, Shenzhen, Guangdong, China. Founded on 8 April 1987, it holds the distinction of being the first share-holding commercial bank in China wholly owned by corporate legal entities. Operating as a public company, CMB was listed on the Shanghai Stock Exchange in 2002 and the Hong Kong Stock Exchange in 2006. In 2020, the bank reported a substantial revenue of CNY 225.61 billion (US$ 34.98 billion). While its specific product portfolio, market position, and competitors are not detailed in the provided information, and employee count and key leadership are not specified, its unique founding history as a pioneer in China's commercial banking sector is notable.