China Minsheng Bank

China Minsheng Bank (simplified Chinese: 中国民生银行; traditional Chinese: 中國民生銀行; pinyin: Zhōngguó Mínshēng Yínháng), founded on January 12, 1996, in Beijing, is the first bank in China to be owned mostly by private sector enterprises.[2] The bank was founded by Jing Shuping, a Chinese lawyer and businessman.[3]

China Minsheng Banking Corporation Limited
中国民生银行股份有限公司
TypePublicly traded company
SSE: 600016
SEHK: 1988
SSE 50 Component
IndustryBank
Founded1996 (1996)
Headquarters,
China
Area served
Mainland China
Hong Kong
RevenueUS$25.99 billion (2019)
Total assetsUS$647.2 billion (2015)[1]
OwnerMainly private sector corporations in China
DivisionsMinsheng Private Banking Service
Websitewww.cmbc.com.cn
The Minsheng Bank Tower is the tallest building in Wuhan, Hubei and the 27th-tallest in the world.

Minsheng Bank is well known for focusing on making loans to small-medium enterprise. It has over two hundred banking outlets throughout China and relationships with more than seven hundred banks overseas.[2] The bank was publicly listed on the Hong Kong Stock Exchange in 2009.[4]

See also

References

  1. "The World's Biggest Public Companies". Forbes.com. Retrieved 4 December 2017.
  2. "Official Company Profile". Cmbc.com.cn. Archived from the original on 2013-01-01. Retrieved 2013-02-22.
  3. "Founder of China's private Minsheng Bank dies". Reuters. 2009-09-14. Retrieved 2009-09-21.
  4. "HKEX Group". Hkex.com.hk. Retrieved 4 December 2017.
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