China Merchants Bank Co., Ltd. (CIHKY)

23.33 -0.03 (-0.13%) At close: 03:47PM EDT

China Merchants Bank Co., Ltd.

China Merchants Bank Tower
19th Floor No. 7088, Shennan Boulevard Futian District
Shenzhen 518040
China
86 755 8319 8888
https://www.cmbchina.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 116,529

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Liang Wang	President, CEO & Executive Director	476.91k	N/A	1965
Mr. Jiawen Peng	Company Secretary, CFO, Executive VP & GM of Assets and Liabilities Mgmt Dept.	N/A	N/A	1969
Mr. Chaoyang Jiang	Chief Information Officer	N/A	N/A	1967
Mr. Wang Yungui	Executive Vice President	N/A	N/A	1963
Mr. Jiangtao Zhu Msc	Chief Risk Officer, Executive VP & Executive Director	389.62k	N/A	1972
Mr. Desheng Zhong	Executive Vice President	N/A	N/A	1967
Mr. Xiaoqing Wang	Executive Vice President	N/A	N/A	1971
Ms. Ying Wang	Executive Assistant President	N/A	N/A	1972
Mr. Mingjie Xu	Executive Assistant President	N/A	N/A	1968
Mr. Caihua Lei	Executive Assistant President	N/A	N/A	1974

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

China Merchants Bank Co., Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers current, demand, time, call, savings, notice, and renminbi accounts. Its loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mortgage loan; bank acceptance, discount, liquid capital, and fixed asset loans; and loans for vessels. The company also offers credit cards; insurance products; open-ended funds; discount and guarantees for commercial bills, redemption of commercial bills, and guaranteed discount for commercial acceptance bills; and financial consultation, debt financing underwriting, merger and acquisition financing, and equity financing and enterprise listing services. In addition, it provides forfeiting and risk participation, escrow, cross-border RMB clearing, and interbank services; and risk and financial management, cross-border RMB and oversea financing, international factoring and settlement, and trade finance services. Further, the company offers financial leasing and guarantee, investment and wealth management, forex option and gold trading, forex express trading, international, offshore and private banking, custody, pension, and electronic banking services. The company also operates in Hong Kong, New York, London, Singapore, Luxembourg, Sydney, and Taipei. China Merchants Bank Co., Ltd. was founded in 1987 and is headquartered in Shenzhen, China.

Corporate governance

China Merchants Bank Co., Ltd.’s ISS governance QualityScore as of 1 May 2024 is 5. The pillar scores are Audit: 2; Board: 6; Shareholder rights: 4; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.