China Merchants Bank (CMB) (Chinese: 招商银行; pinyin: Zhāoshāng Yínháng SEHK: 3968, SSE: 600036) is a bank headquartered in Shenzhen, China. Founded in 1987, it is the first share-holding commercial bank wholly owned by corporate legal entities.
CMB has over five hundred branches in mainland China and one in Hong Kong. In November 2007, as part of a drive for international growth, it won federal approval to open a branch in New York.
Read more about China Merchants Bank: Business Areas, Honor
Famous quotes containing the words china, merchants and/or bank:
“The roof of England fell
Great Paris tolled her bell
And China staunched her milk and wept for bread”
—Karl Shapiro (b. 1913)
“Hardly ever can a youth transferred to the society of his betters unlearn the nasality and other vices of speech bred in him by the associations of his growing years. Hardly ever, indeed, no matter how much money there be in his pocket, can he ever learn to dress like a gentleman-born. The merchants offer their wares as eagerly to him as to the veriest “swell,” but he simply cannot buy the right things.”
—William James (1842–1910)
“Good resolutions are useless attempts to interfere with scientific laws. Their origin is pure vanity. Their result is absolutely nil. They give us, now and then, some of those luxurious sterile emotions that have a certain charm for the weak.... They are simply cheques that men draw on a bank where they have no account.”
—Oscar Wilde (1854–1900)