China Merchants Bank

From Wikipedia, the free encyclopedia

China Merchants Bank (CMB) (招商银行 SEHK: 3968, SSE: 600036) is a bank headquartered in Shenzhen, China. Founded in 1987, it is the first share-holding commercial bank wholly owned by corporate legal entities.

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 approval to open a branch in New York.[citation needed]

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