Established in 2000 in Shenzhen Special Economic Zone, the forefront of China's reform and opening-up, it is the first joint-stock commercial bank wholly owned by an enterprise as a legal person in China and the first pilot bank promoted by the state from outside the system.
Since its establishment 25 years ago, with the rapid economic growth in China, with the support of customers and all walks of life, China Merchants Bank has developed from a small bank with a capital of 654.38 billion yuan, 654.38+0 outlets and more than 30 employees into a national joint-stock commercial bank with a net capital of over 200 billion, total assets of over 3 trillion, more than 900 institutional outlets and nearly 50,000 employees, and ranks among the top 65 in the world.
With continuous financial innovation, excellent customer service, stable business style and good business performance, China Merchants Bank has now developed into one of the most influential commercial banks in China. In the comprehensive rating of commercial banks by CBRC, China Merchants Bank has been among the best for many years. At the same time, it won many awards such as "Best Bank in China", "Best Retail Bank in China", "Best Private Bank in China" and "Best SME Loan Bank in China" issued by authoritative media and institutions such as Euromoney, American Global Finance and British Bankers. In the list of global bank book ratios published by the Financial Times, China Merchants Bank ranks first among the top 50 banks with the largest market value in the world.
In The British "Banker" (The
Banker) magazine 20 1 1 annual "Global 1000 Big Banks" ranked 60th. And for the first time, it was shortlisted in the list of the world's top 500 enterprises published by Fortune magazine in 20 12.
At present, China Merchants Bank has 94 branches and 8 13 branches, 2 branch-level franchisees (credit card center and small business credit center), 1 representative office, 2,067 self-service banks and 1 in more than 0 cities in Chinese mainland.
A wholly-owned subsidiary-CMB Financial Leasing Co., Ltd.; In Hong Kong, we have subsidiaries such as Wing Lung Bank Limited, CMB International Finance Limited and a branch (Hong Kong Branch); It has branches and representative offices in new york, USA; We have representative offices in London and Taipei. In the first half of 20 12, the company achieved a net profit of 23.377 billion yuan, a year-on-year increase of 25.68%.
China Merchants Bank takes "service, innovation and stability" as its core values, adheres to the coordinated development of efficiency, quality, scale and structure, and gradually stands out among domestic peers. In corporate governance, ownership and management rights were separated from the beginning, and a modern corporate governance structure with clear division of labor and checks and balances between the board of directors, the board of supervisors and the management team was established earlier. In personnel management, it took the lead in breaking the "three irons" system of "iron rice bowl, iron chair and iron salary" existing in domestic enterprises at that time, and implemented the "six abilities" mechanism of "personnel can enter and leave, cadres can go up and down, and the treatment can be high and low". In terms of informatization, the leading peers have built a unified IT platform for the whole bank, created the first telephone bank in China, and realized zero deposit and withdrawal of customers' funds and remittance in transit earlier. In product development, many innovative business products of China Merchants Bank have obvious market competitive advantages. One card is the first bank debit card based on customer number management in China. By the end of June, 20 12, the card had issued more than 63.63 million cards, with an average deposit of 1.65438+ 10,000 yuan, far exceeding the national average, and it was praised as one of customers' favorite bank cards. Netcom is the first online bank in China, and the continuous improvement of online banking and telephone banking has effectively diverted the pressure of business outlets. The replacement rate of comprehensive counters of retail electronic channels reached 88.9 1%, that of comprehensive counters of enterprise electronic channels reached 5 1. 13%, and that of online corporate banking transactions reached 87.68%. Credit card is the first dual-currency credit card in China that meets international standards, reaching 20 12.
June 30(th), 2008
On that day, the number of credit cards issued exceeded 42 1.8 million, which was compiled into MBA teaching cases by Harvard University. Sunflower wealth management is the first wealth management product for high-end customers in China, which enjoys a high reputation among high-end customers. At present, there are 8,765,438+million customers of sunflower and above. Private banking service was first introduced among domestic joint-stock banks, and was repeatedly rated as "the best private bank in China" by authoritative media at home and abroad. Inter-bank cash management is the first in China, and has become the first choice for fund management of large enterprise groups. In addition, personal savings deposits, personal consumption loans, asset custody, enterprise annuities, offshore finance and other businesses are in a leading position in joint-stock banks. The risk management of China Merchants Bank has also been well received by the industry, and the asset quality has always maintained a good level. As of June 20 12, the NPL ratio of the company was 0.56%, and the NPL provision coverage ratio was 404.03%.
At the turn of the century, under the leadership of Dr. Ma Weihua, President and CEO of China Merchants Bank, on the basis of properly handling the serious liquidity risk caused by the suspension of offshore assets business and the squeeze of individual branches, as well as the risk of non-performing assets accumulated in the early rapid development, China Merchants Bank seized the opportunity of informationization and globalization and formulated and successfully implemented a scientific strategy in a forward-looking manner. First of all, we should take advantage of the favorable opportunity that all banks, old and new, are at the same starting line before the Internet, vigorously develop electronic channels such as online banking, telephone banking, mobile banking and self-service banking, effectively make up for the obvious disadvantages of physical outlets as big banks, and lock in a large number of high-quality and high-value customers. Secondly, it was listed in Shanghai and Hong Kong in 2002 and 2006 respectively, which not only met the rapid development of capital demand, but also promoted the transformation of internal management. Third, actively and steadily promote international development. With the vigorous promotion and efforts of the Chinese government, the United States broke the market access blockade of Chinese banks since 17, and took the lead in setting up a branch in new york, which was officially opened in 2008, the worst financial crisis of 10, and was compared by Mr. Bloomberg, the mayor of new york, as "the spring breeze of Wall Street in winter". In the same year, it also spent more than HK$ 30 billion to acquire Wing Lung Bank, the fourth largest bank in Hong Kong with a history of 75 years. After the integration, it began to achieve good synergy and was commented by the Financial Times as a "non-replicable case".
In 2004, China Merchants Bank took the lead in implementing business strategy adjustment among domestic peers, accelerated the development of retail business, intermediary business and small and medium-sized enterprise business, and gradually formed a business structure and business characteristics different from domestic peers. At present, China Merchants Bank is entering a new stage of strategic development. In order to effectively cope with various changes in the internal and external business environment and continuously enhance its competitive advantage, China Merchants Bank will, on the basis of deepening the adjustment of its business strategy, fully implement the second transformation with the main objectives of reducing capital consumption, improving loan pricing, controlling financial costs, increasing value customers and ensuring controllable risks, and strive to promote the transformation of its business mode to intensive management and truly embark on the road of intensive management.
China Merchants Bank has changed for you. In the coming years, we are willing to provide newer and better financial services to our customers and friends from all walks of life, and make unremitting efforts to build China Merchants Bank into the best commercial bank with international competitiveness in China.