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Leader of the pack
HOME > PAST ISSUE > SPECIAL REPORT [Premium content]August 2007
China Merchants Bank has blazed a trail in retail services. Now every other bank is trying to do the same
As banking deals go, Taiwan financial services provider Chinatrust advising on China Merchants Bank’s (CMB) nascent credit card operation was hardly a barnstormer. Yet this partnership, sealed at the start of the decade, is the closest a foreign investor has come to playing a direct role in China’s most dynamic retail banking operation.
While almost every other bank in the country has brought on-board overseas investors as part of restructuring plans, CMB has resisted. ...
While almost every other bank in the country has brought on-board overseas investors as part of restructuring plans, CMB has resisted. ...
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