About Us
In 1987, China Merchants Bank (CMB) was founded in Shenzhen. CMB is the first joint-stock commercial bank wholly owned by corporate legal entities in Chinese mainland. After 38 years of growth, it has evolved into a banking group listed in both Shanghai and Hong Kong, with financial licenses covering commercial banking, financial leasing, fund management, life insurance, overseas investment banking, consumer finance, and wealth management subsidiary, etc. As of June 30, 2025, CMB had 143 branches (including Free Trade Zone branch, etc.) and 1,800 sub-branches, covering over 130 cities in Chinese mainland. For overseas markets, CMB had six branches and one representative office. The total number of employees was nearly 120,000. In 2025, CMB rose to 8th in the ranking by Tier 1 capital on the list of “Top 1,000 World Banks” released by The Banker (UK), and ranked 10th on the list of “Top 500 Banking Brands” released by Brand Finance. CMB had made the Fortune Global 500 list for 14 consecutive years. CMB’s MSCI ESG rating was “AAA”, securing a leading position among global peers. CMB was honored with 12 awards at The Asian Banker’s annual awards program, including “Most Recommended Retail Bank in China” and “Best Wealth Management Bank in China” .
Since its inception, CMB adhered to the principle of staying service-centric, innovation-driven, technological advancement and talent-driven, promoted continuous social and economic progress through its own transformation and development, and strove to support residents and corporate clients in wealth growth, asset security, and financial access.
In 2025, CMB further promoted the strategy of building a value creation bank, with a continuous focus on establishing a new model of high-quality growth driven by “adopting strict management, upholding fundamental principles and breaking new ground”. The Company strengthened hard power and enhanced soft power, accelerated transformation through “the Internationalisation Initiative, the Comprehensive Operation Initiative, the Differentiation Initiative, and the Digitisation and Intelligence Initiative”. It maintained dynamically balanced development of “quality, profitability, scale, and structure”, further enhancing market competitiveness. As of June 30, 2025, CMB’s total assets reached RMB12.66 trillion, ranking 7th in domestic banking industry. Operating income was RMB167 billion, ranking 6th in the industry, and net profit attributable to the Bank’s shareholders was RMB74.9 billion, ranking 5th in the industry. The return on average assets (ROAA) and the return on average equity (ROAE) were 1.21% and 13.85% respectively, both ranking 1st among large- and medium-sized listed banks in domestic market.
CMB adhered to differentiated development through distinct advantages, building a business framework with “retail banking as the core, and balanced and coordinated development of the four major sectors”. For retail finance, CMB continued to expand its systematic advantages. The number of its retail customers reached 216 million and the total assets under management (AUM) from retail customers exceeded RMB16 trillion. It also maintained the top position in the industry in terms of credit card transaction volumes. The two Apps, namely CMB App and CMB Life App, recorded a combined MAU (monthly active users) of 121 million. For corporate finance, CMB continued to consolidate its differentiated advantages. The number of its corporate customers reached 3.3679 million, with the FPA (financing products aggregate) reaching RMB6.45 trillion. CMB accelerated the campaign to build distinctive financial services centering the “five major articles”, cross-border finance, intelligent manufacturing finance, automobile finance, etc. For investment banking and financial markets, CMB further strengthened its competitive position, leading the market in areas such as M&A loans, bond underwriting, bill business, client flow trading and investment transactions. For wealth management and asset management, CMB continued to improve its capability, with the number of customers holding retail wealth management products exceeding 60 million, and the number of retail clients covered by the “CMB TREE Asset Allocation Service System” exceeding 10 million. The total scale of its asset management business reached RMB4.45 trillion, and assets under custody amounted to RMB24.14 trillion, both ranking among the top in the market. CMB accelerated international and comprehensive development, continued to refine its cross-border financial service matrix, and further enhanced the internationalisation of its institutions, business offerings, talent pool, and management practices, better serving the needs of Chinese enterprises “going global”, and the financial service demands of residents in global asset allocation. Its subsidiaries, such as CMB Wealth Management, China Merchants Fund, CMB Financial Leasing and Merchants Union Consumer Finance, ranked among the top in their respective sectors. Leveraging multi-license advantages, CMB provided customers with comprehensive, integrated, and full-cycle services. CMB adhered to the principle of “upholding fundamental principles and breaking new ground”, implemented the strategy of developing the Bank with technology, embraced an “AI First” philosophy and actively explored “AI + Finance” applications. By driving all-round innovation across products, services, business, models, and management with technological advancements, CMB accelerated its transition from an “Online CMB” to a “Digital and Intelligent CMB”.
Looking towards the future, CMB will align with the direction of the country’s development, and stride in tandem with the times. It will stick to the strategic goal of building a value creation bank, and strive to create greater value for customers, employees, shareholders, partners and society. CMB will demonstrate greater impact in serving the real economy and improving social wellbeing, while making greater contributions to the Chinese modernization and China’s development as a financial powerhouse.
