Chinese Merchandise Bank

Chinese Merchandise Bank (华商银行) is a commercial bank headquartered in Shenzhen, Guangdong, China. It was established in June 1993 as the first Sino-foreign joint venture bank in Guangdong Province, formed under the lead sponsorship of the Industrial and Commercial Bank of China (ICBC). In August 2005 it became a wholly owned member enterprise of the ICBC Group and a subsidiary of Industrial and Commercial Bank of China (Asia) Limited, changing its corporate nature from a Sino-foreign joint venture bank to a wholly foreign-owned bank. The bank operates as ICBC (Asia)'s flagship for expanding business in mainland China and as a bridgehead serving the mainland market. It holds a full commercial banking licence and offers personal financial services, corporate financial services, interbank financial services and electronic banking services. Its product range includes personal deposits in RMB, HKD, USD, EUR and GBP; personal loans such as quick loans, business loans and mortgage loans; corporate deposits, loans, settlement, trade finance, corporate wealth management, structured deposits, cross-border financial services, investment banking, SME services, foreign exchange and risk management, and cash management; as well as institutional finance and financial markets services on the interbank side. Electronic channels include personal and corporate online banking, mobile banking and 'Huashang e-Pay'. As of the end of 2025, the bank reported registered capital of RMB 4.15 billion and total net capital of RMB 18 billion. It has been rated 'AAA' with a stable outlook by China Chengxin International Credit Rating Co., Ltd. continuously since 2018, and has been recognised as a Shenzhen headquarters enterprise. It has received awards including Best Financial Innovation Product Award, Most Socially Responsible Award, Outstanding Financial Enterprise Award, Annual Brand Influence Award and an annual service innovation excellence case award for China's banking sector. Strategically, the bank positions itself around China's national development priorities, focusing on the Guangdong-Hong Kong-Macao Greater Bay Area and the Shenzhen pilot demonstration area, under the themes of 'serving openness, serving livelihoods and serving innovation', and adhering to the principle of serving the real economy. It aims to become an influential, distinctive bank in the Greater Bay Area that is synergistic with, yet differentiated from, the wider ICBC group. It operates branches in Shenzhen and Guangzhou.

Chinese Merchandise Bank was established in June 1993 in the context of China's reform and opening-up. It was formed under the lead sponsorship of the Industrial and Commercial Bank of China and was the first Sino-foreign joint venture bank in Guangdong Province. The bank was headquartered in Shenzhen, the southern Chinese city that was itself a centrepiece of the reform era. For its first decade and more, the bank operated as a Sino-foreign joint venture institution. A decisive turning point came in August 2005, when it became a wholly owned member enterprise of the Industrial and Commercial Bank of China Group and a subsidiary of Industrial and Commercial Bank of China (Asia) Limited. With that change, its corporate nature shifted from a Sino-foreign joint venture bank to a wholly foreign-owned bank. In the years that followed, the bank was positioned within the ICBC group as ICBC (Asia)'s flagship for expanding business in mainland China and as a bridgehead serving the mainland market. It holds a full commercial banking licence and draws on ICBC's support in customer resources, product development, business expansion, fund clearing and systems. Its business spans personal, corporate and interbank financial services, together with electronic banking channels. By the mid-2020s the bank had built a presence across the Shenzhen-Hong Kong boundary, connecting onshore and offshore markets. It aligned itself with national strategy, focusing on the Guangdong-Hong Kong-Macao Greater Bay Area and the Shenzhen pilot demonstration area under the themes of serving openness, livelihoods and innovation. As of the end of 2025 it reported registered capital of RMB 4.15 billion and total net capital of RMB 18 billion. It has held a 'AAA' issuer credit rating with a stable outlook from China Chengxin International Credit Rating Co., Ltd. continuously since 2018, and has been designated a Shenzhen headquarters enterprise. It operates branches in Shenzhen and Guangzhou.

• 2026

  Announced issuance of the 2026 5th tranche of personal large-denomination certificates of deposit from 21 July to 31 December 2026.

• 2025

  As of year-end, registered capital was RMB 4.15 billion and total net capital was RMB 18 billion.

• 2018

  Began receiving 'AAA' issuer credit rating with stable outlook from China Chengxin International Credit Rating Co., Ltd.

• 2005

  In August, became a wholly owned member enterprise of ICBC Group and a subsidiary of ICBC (Asia), changing from a Sino-foreign joint venture bank to a wholly foreign-owned bank.

• 1993

  Chinese Merchandise Bank founded in June as Guangdong Province's first Sino-foreign joint venture bank, led by ICBC, headquartered in Shenzhen.

A full-licence foreign-owned commercial bank in mainland China, serving as ICBC (Asia)'s mainland flagship and bridgehead, focused on the Greater Bay Area and Shenzhen pilot demonstration area.

• Personal deposits

  Demand and time deposits in RMB, HKD, USD, EUR and GBP, including lump-sum time deposits, small savings, notice deposits and flexible deposits.

• Personal large-denomination certificates of deposit

  RMB-denominated book-entry large-denomination deposit certificates issued to personal customers, starting at RMB 200,000, in tenors of 3 months to 5 years.

• Personal loans

  Includes 速易贷 (quick loan), 经赢贷 (business loan) and 按揭贷 (mortgage loan).

• Corporate financial services

  Deposits, loans, settlement, trade finance, corporate wealth management, structured deposits, cross-border financial services, investment banking, SME services, FX and risk management, and cash management.

• Interbank financial services

  Institutional finance and financial markets services.

• Electronic banking

  Personal and corporate online banking, mobile banking and Huashang e-Pay.

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2. 2华商银行 - 个人存款cmbcn.com.cn
3. 3华商银行简介cmbcn.com.cn
4. 4华商银行简介cmbcn.com.cn
5. 5Chinese Merchandise Bank - Wikidatawikidata.org
6. 6華商銀行 (中國) - 维基百科zh.wikipedia.org