The company was founded in 1987 in Shekou, Shenzhen, at the cutting edge of China's reform and opening up. It was the first joint-stock commercial bank in China wholly owned by a corporate corporation, and the country's first pilot bank to promote banking reform from outside the system. Since its establishment 36 years ago, China Merchants Bank has become a banking group with financial licenses such as commercial banking, financial leasing, fund management, life insurance, overseas investment banks, consumer finance, and financial management subsidiaries, etc., and has formed distinct development characteristics and important market influence around the world. The main business is providing deposit and loan business, capital business, asset management and other financial services for retail and wholesale customers. Corporate Glory: In 2022, China Merchants Bank ranked 174th in the Fortune 500; in the 2022 Global Top 1000 ranking published by the British “Banker” magazine, China Merchants Bank ranked 11th, ranking in the top 20 for five consecutive years. In 2019-2022, China Merchants Bank also won the “Euromoney” “Best Bank in China” award in a row, creating the first “four consecutive championships” in the history of this award selection. In 2023, it received awards such as Top 500 Global Bank Brand Value, China's Best Retail Bank, “Best Board of Directors”, “Asia's Most Admired Company”, “Best ESG Company”, “China's Best Corporate Social Responsibility Bank”, and “China's Best Investment Bank”. At the end of the reporting period, the company had 143 branches, 1,781 branches, and 2 branch-level franchised institutions (credit card centers and capital operation centers), 2,226 self-service banks, 5,281 self-service devices, and 7,603 visual devices; It has a Hong Kong branch in Hong Kong, China; a representative office in Taipei, China; a New York branch and representative office in the US; a London branch in the UK; a Singapore branch; a Luxembourg branch in Luxembourg; and a Sydney branch in Australia.
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