Established in 1987 in Shenzhen, China Merchants Bank Co., Ltd. ("CMB") is China’s first joint-stock commercial bank. Since its inception, CMB has grown with China’s economic and social progress from a small regional bank with one branch and over 30 employees into a nationwide joint-stock commercial bank.
Since it is beginning, CMB has been leading the trends of China's banking industry through a series of pioneering efforts. Upholding the service concept of "We Are Here Just for You", CMB has grown into one of the most famous brands over the past 34 years. In 2020, CMB ranked 17th in terms of Tier-One Capital among the Top 1000 Global Banks of The Banker and has made a presence on the Fortune Global 500 List for 9 consecutive years and ranked 189th.
By the end of 2020, with over 80,000 employees, CMB has set up a service network that consists of more than 1,800 branches worldwide, including six overseas branches, three overseas representative offices, and service outlets located in more than 130 cities in mainland China. CMB has evolved into a comprehensive banking group equipped with financial licenses of commercial banking, financial leasing, fund management, life insurance, and overseas investment banking.
Looking ahead, CMB will further push forward the innovation-driven development strategy, accelerate the structure of "Digital Bank", and develop business agility is driven by technology agility.
China Merchants Bank Co., Ltd., Luxembourg Branch
China Merchants Bank Co., Ltd. set up a branch in Luxembourg in March 2015 and plans to act in the future as the gateway and regional headquarter of CMB group in the Continental Europe. The establishment of the Luxembourg Branch further strengthens the global presence of China Merchants Bank, enabling it to provide a wide range of quality financial services to customers.
As a full license bank, by serving trade and direct investment between China and the EU, CMB Luxembourg Branch intends to differentiate itself as a flagship in the sector of corporate banking and wealth management. It will provide a range of diversified financial products and services to Corporation customers, Personal customers, Financial Institutes in EU and China based on trade and investment between China and EU, including corporate & investment, financial market, asset management & custody.
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