China Merchants Trust and Commercial Bank
China Merchants Trust and Commercial Bank is a major financial institution in China, offering a wide range of financial services. Established in 1917, it is one of the oldest joint-stock commercial banks in China, with more than 240 branch offices throughout the country. It has also established extensive international presence through its subsidiaries, branches and representative offices in Hong Kong, Macau and Singapore.
The bank offers a range of corporate banking services and products, such as deposits, lending, foreign exchange, and treasury services, as well as financial management services. It also provides a wide array of banking services for individuals including personal banking, small and medium-sized enterprise banking, wealth management and insurance services. In addition, the bank provides securities services, such as trust, futures and securities investment and management services.
The banking services are supported by an extensive network of automated teller machines across the country and an online banking platform. In addition, the bank also provides mobile banking services through its iCMBC mobile app.
The banks major shareholders include China Merchants Group, Beijing Lujiazui Finance & Trade Co., Ltd., PetroChina Longrun Co. Ltd, and China Minsheng Investment Group Co., Ltd., with a combined stake of approximately 80%.
The bank is committed to providing the best quality and most convenient services to its customers, taking full advantage of advanced technologies and platforms to develop its core competencies. It is also one of the leading banks in the country in terms of compliance, risk management and corporate governance, having implemented stringent procedures to ensure that all its transactions are compliant with Chinas financial regulations and policies. Furthermore, the bank has launched a comprehensive environmental protection program, committing to the highest standards of environmental responsibility throughout its operations.
Overall, China Merchants Trust and Commercial Bank is a leader in financial services in China, striving to provide quality and innovative services to its customers while achieving the highest standards in compliance, risk management and corporate governance.
