China Merchants Bank

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.

In November 2007, as part of a drive for international growth, it won federal approval to open a branch in New York City.

[9] CMB operates the following businesses: As of 31 December 2008, the Bank had 44 branches and 623 sub-branches, one representative, one credit card center, one credit loan center for small companies, as well as 1,567 self-service banks in China.

The bank had branches and representative offices in New York, London, Hong Kong, Singapore, Luxembourg and Taipei.