New York Branch
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About Us
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About New York Branch
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Overview

Overview

New York Branch:

China Merchants Bank New York Branch was established in 2008 and was the first Chinese bank to obtain a bank operating license in the United States in 17 years since the implementation of the Foreign Bank Supervision Enhancement Act in 1991.

As a part of China Merchants Bank’s internationalization strategy, China Merchants Bank New York Branch is located at the center of the global capital markets, focuses on the United States and is committed to establish a unique cross-border financial platform, and serves as a bridge linking the capital markets in China and the United States.

Following the "asset-light, specialization, investment banking" operating principle, the New York Branch aims to provide a full and diversified scope of banking services to companies and financial institutions in China and the United States, and to actively expand in its cross-border M&A, asset management, private banking, financial market and other featured business.

China Merchants Bank:

Established in 1987 and headquartered in Shenzhen, China. China Merchants Bank is China’s first joint-stock commercial bank and also the first bank to attend the national experiment for the promotion of China’s banking industry reform driven by endeavors from outside the government.

Since its inception 30 years ago, China Merchants Banks has grown with China’s economic progress from a small regional bank into the sixth-largest commercial bank listed on the Shanghai and Hong Kong Stock Exchange. As of the end of June 2016, China Merchants Bank has 133 branches, 1,628 sub-branches in more than 120 cities of Mainland China, 5 overseas branches and 3 overseas representative offices, with more than 70,000 employees.

In addition, China Merchants Bank wholly owns CMB Financial Leasing Co., Ltd., holds 55% of equity interest in China Merchants Fund Management Co., Ltd., holds 50% of equity interest in CIGNA & CMB Life Insurance Co., Ltd., and 50% of equity interest in Merchants Union Consumer Finance Company Limited in Mainland China, and wholly owns Wing Lung Bank Ltd. and CMB International Capital Corporation Limited in Hong Kong. Thus, China Merchants Bank has become a banking group with financial licenses for commercial banking, financial leasing, fund management, life insurance and overseas investment banking.