China Merchants Wing Lung Bank (formerly known as Wing Lung Bank) was founded in 1933 and is one of the Chinese-owned banks with a long history in Hong Kong. It has always adhered to the principle of "Progress with Prudence, Service with Sincerity" and provides customers with comprehensive banking services, including deposits, loans, private banking and wealth management, investment and wealth management, securities, credit cards, online banking, "Wing Lung Bank Yidian Tong" mobile banking services, global cash management, syndicated loans, corporate loans, export bills, hire purchase loans, remittances, insurance agency, mandatory provident fund, etc. China Merchants Wing Lung Bank also provides insurance brokerage and general insurance underwriting, property management and trust, custodian, and asset management services through wholly-owned subsidiaries. China Merchants Wing Lung Bank currently has institutional outlets in Mainland China, Hong Kong, Macao and overseas, including a total of 41 China Merchants Wing Lung "Private Banking" centers, with over 2,000 employees. As of December 31, 2020, its consolidated total assets were HKD 380 billion. In 2008, China Merchants Bank Co., Ltd. (China Merchants Bank) successfully acquired China Merchants Wing Lung Bank. On the Global Top 500 Banking Brands list, China Merchants Bank has entered the global top 10, ranking 9th in 2019.
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