China Merchants Bank (CMB) (Chinese: 招商银行; pinyin: Zhāoshāng Yínháng) is a Chinese bank headquartered in Futian District, Shenzhen, Guangdong, China. Founded in 1987, it is the first share-holding commercial bank wholly owned by corporate legal entities in China. 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 federal approval to open a branch in New York City. CMB operates the following businesses: Personal Banking Business, including personal savings, personal loans, foreign exchange and stock trading, gold trading and bank card services, among others. More information...
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