China Merchants Bank Co., Ltd. (600036)
China Merchants Bank was founded in 1987 in Shekou, Shenzhen, the forefront of China's reform and opening up. It is the first joint-stock commercial bank wholly owned by enterprise legal person in China. It is also the first pilot bank for the state to promote banking reform outside the system.
Since the birth of China Merchants Bank, it has created dozens of firsts in China's banking industry: it has innovated and launched the milestone first debit card based on customer number management in China - "all in one card"; the first real online bank - "all in one"; the first international standard dual currency credit card; the first online bank "all in one"; It is the first financial product for high-end customers - "golden sunflower financial"; it is the first to launch the banking industry's first intelligent investment advisory product - "Capricorn intelligent investment"; it is the first to launch offshore business, buyer's credit, domestic letter of credit business, enterprise annuity business, cash management business, bank pass business, corporate finance and online acceptance bill business in domestic banking industry.
Since its establishment for 33 years, China Merchants Bank has always adhered to the business and service concept of "changing for you", and its brand awareness has been increasing day by day. In the list of Top 1000 global banks published by banker, an authoritative British financial magazine, China Merchants Bank ranks 19th in 2019 according to its tier one capital, one place higher than that in 2018; on the list of top 500 global banks in brand value, China Merchants Bank has entered the top 10 global banks, ranking 9th in 2019. In the Fortune Global 500 list, China Merchants Bank has been listed for 8 consecutive years and ranked 188th in the world in 2019.
By the end of 2019, China Merchants Bank has more than 1800 branches at home and abroad, set up service outlets in more than 130 cities in China, with 6 overseas branches and 2 overseas representative offices, and more than 84000 employees (including subsidiaries and dispatched personnel). In addition, CMB also wholly owns CMB leasing, CMB financing, holding CMB fund, holding 50% equity of CMB SINOSURE and CMB consumer finance; in Hong Kong, CMB wholly controls CMB Wing Lung Bank and CMB international, and is a banking group with commercial banking, financial leasing, fund management, life insurance, overseas investment banking and other financial licenses.
In recent years, China Merchants Bank has closely focused on the transformation goal of building a "light bank", realized the dynamic and balanced development of "quality, efficiency and scale", continuously optimized the operation structure, started to take shape in Digital China Merchants Bank, and further promoted the internationalization and integration. In 2019, China Merchants Bank's asset scale will reach a new high, and its capital endogenous capacity will remain strong; its profit growth will reach a seven-year high, and roaa and roae will increase for three consecutive years; the amount of non-performing loans and non-performing loan ratio will "double drop" for three consecutive years, and the asset quality will remain excellent. By the end of 2019, China Merchants Bank has a total market value of 939.9 billion yuan, ranking among the top ten in the global banking industry, and its P / B ratio and P / E ratio continue to lead the industry.
Looking to the future, China Merchants Bank will continue to take financial technology as the nuclear power, accelerate the digital transformation, and strive to build "the best customer experience bank". In 2019, the investment in information technology of China Merchants Bank will reach 9.361 billion yuan, with a year-on-year increase of 43.97%. In the next step, China Merchants Bank will focus on the two key points of customers and technology, deepen the strategic transformation, promote the opening-up and internal integration, and build a 3.0 business model in self iteration.