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2021-02-24 00:00:00
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China Merchants BankChina
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Created before Nov 2016
Last update: 2021-01-19 00:00:00

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China Merchants Bank Tower. Photo: Cocoablini via Wikimedia (CC0)

About China Merchants Bank

China Merchants Bank (CMB) was established in April 1987 and it is headquartered in Shenzhen, China. The bank was China's first joint-stock commercial bank. CMB primarily focuses on the Chinese domestic market, offering corporate and retail banking products. For overseas markets, CMB has two wholly-owned subsidiaries: Wing Lung Bank and CMB International Capital Corporation and branches in Hong Kong, New York, Taipei and London.

Website http://english.cmbchina.com/
Headquarters
China Merchants Bank Tower, No 7088, Shennan Boulevard
518040 Shenzhen
China
CEO/chair Tian Huiyu
Executive Director and President
Supervisor
China Banking and Investment Regulatory Commission (CBIRC)
Annual reports Annual report 2019
CSR report 2019
Annual report 2018
Ownership
listed on Hong Kong Stock Exchange & Shenzhen Stock Exchange

China Merchants Bank's largest shareholder is the China state-owned Assets Supervision & Admn Commission (39.8%). The bank's complete shareholder structure can be accessed here.

Related Dodgy Deals

China Merchants Bank has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Dodgy Deals map

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Active profiles
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On record profiles

News

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Type:
Year:
blog
external news
our news

Global finance sector failing to apply conservation criteria to pulp and paper funding

2020-03-21 | New York/Amsterdam | Environmental Paper Network
blog
external news
our news

Indigenous Groups Lead Movement to Call on Banks to Drop Enbridge’s Controversial Line 3 Pipeline

Tribal Nations based in Minnesota oppose the project and the Minnesota Department of Commerce has condemned it
2017-09-21 | Minneapolis, MN | Honor the Earth, Rainforest Action Network
blog
external news
our news

Financiers of pulp and paper industry projects will cause environmental and social harm, says new report

2017-08-01 | Mandy Haggith – Environmental Paper Network
blog
external news
our news

Call for banks to divest from APRIL

Social conflict and environmental destruction are rife in its operations
2014-12-10 | Nijmegen | BankTrack, Mandy Haggith – Environmental Paper Network
blog
external news
our news

Chinese banks ignore pleas of Ecuador mining campaigners

The failure to respond to an NGO letter challenging investment in the Mirador mining project has played to Ecuadorian fears about China's growing clout
2014-05-14 | Beijing | China Dialogue

Documents

Type:
Year:
annual reports
2020-07-31 00:00:00

Annual report 2019

2020-07-31 00:00:00 | China Merchants Bank
annual reports
2020-07-31 00:00:00

CSR report 2019

2020-07-31 00:00:00 | China Merchants Bank
annual reports
2019-07-31 00:00:00

CSR Report 2018

2019-07-31 00:00:00 | China Merchants Bank
annual reports
2019-07-31 00:00:00

Annual report 2018

2019-07-31 00:00:00 | China Merchants Bank
correspondence
2017-11-24 00:00:00

Letter from 30 Indonesian NGOs to PT RAPP financiers on current situation of PT RAPP (APRIL's main supplier)

2017-11-24 00:00:00 | 30 Indonesian NGOs
ngo documents
2017-03-27 00:00:00

Financiers of IOI and Asia Pulp & Paper (APP) face material ESG risks from failure to respect land tenure rights

2017-03-27 00:00:00 | RAN, TuK & Profundo
our publications
2016-09-01 00:00:00

Green Paper, Red lines

Chinese version
2016-09-01 00:00:00 | BankTrack
our publications
2016-06-02 00:00:00

Green Paper, Red Lines

Requirements for pulp and paper industry finance
2016-06-02 00:00:00 | BankTrack, Environmental Paper Network
correspondence
2014-12-10 00:00:00

Letter from EPN to Banks investing in April on APRIL

2014-12-10 00:00:00 | EPN
our publications
2014-11-25 00:00:00

Going out, but going green?

Assessing the implementation of China's Green Credit Guidelines
2014-11-25 00:00:00 | BankTrack, Friends of the Earth US
ngo documents
2013-11-25 00:00:00

Green Credit Footprint of Chinese banks (2008-2012)

-Chinese version-
2013-11-25 00:00:00 | Green Watershed
ngo documents
2012-11-26 00:00:00

Environmental report on Chinese banks 2011

-English summary-
2012-11-26 00:00:00 | Green Watershed
correspondence
2012-11-06 00:00:00

Letter from BankTrack et al. to various financial institutions on APP

2012-11-06 00:00:00 | BankTrack et al.
ngo documents
2012-06-10 00:00:00

Worldwide Investments in Cluster Munitions - June 2012 update

A shared responsibility
2012-06-10 00:00:00 | FairFin and IKV Pax Christi
our publications
2012-04-18 00:00:00

Environmental Report on Chinese Banks (2011)

-Chinese version-
2012-04-18 00:00:00 | Green Watershed
our publications
2012-03-28 00:00:00

Executive Summary of Environmental Report on Chinese Banks (2011)

2012-03-28 00:00:00 | Green Watershed
bank documents
2012-02-24 00:00:00

Notice of the CBRC on Issuing the Green Credit Guidelines

2012-02-24 00:00:00 | China Banking Regulatory Commission
correspondence
2011-08-29 00:00:00

民间环保组织就陆良化工铬污染事件致16家中资上市银行的公开信(Chinese)

2011-08-29 00:00:00 | Green Watershed
correspondence
2011-08-29 00:00:00

An Open Letter from a Coalition of Environmental NGOs to 16 Chinese banks Regarding the Chromium Pollution Incident in Luliang(English)

2011-08-29 00:00:00 | Green Watershed
ngo documents
2011-07-06 00:00:00

Environmental Record of Chinese Banks 2010

2011-07-06 00:00:00 | Green Watershed

Links

CSR page

http://english.cmbchina.com/CmbIR/ProductInfo.aspx?id=csr

EPN assessment of policies against 14 minimum criteria - China Merchants Bank

Environmental Paper Network (EPN) evaluated the policies of 68 major financiers of the pulp and paper industry against 14 absolute minimum criteria that all financial institutions should require their clients, investments and business partners to respect in order to reduce social and environmental risks.

https://environmentalpaper.org/china-merchants-bank/

Policies

Voluntary initiatives

China Merchants Bank has committed itself to the following voluntary standards:
  • AA1000 Series of Standards
  • Global Reporting Initiative
  • ISO 26000
  • Natural Capital Declaration
  • UNEP Finance Initiative

Investment policies

China Merchants Bank does not have publicly available investment policies. Nor does the bank have a web page on corporate social responsibility. The bank's csr web page only lists its most recent annual csr report.

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