Chinese Mercantile Bank was established in June 1993, with its head office in Shenzhen. In August 2005, it became a wholly-owned member enterprise of Industrial and Commercial Bank of China Group ("ICBC Group") and a subsidiary of Industrial and Commercial Bank of China (Asia) Limited ("ICBC (Asia)").
As the flagship of ICBC (Asia) for expanding its business in mainland China, Chinese Mercantile Bank holds a full commercial banking license and enjoys the strong backing and powerful support of ICBC Group in customer resources, product development, business expansion, fund settlement, and system support. Leveraging its advantages of spanning Shenzhen and Hong Kong and connecting the domestic and overseas markets, Chinese Mercantile Bank closely follows national strategies, focuses on the development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Shenzhen Pilot Demonstration Area, and continuously strengthens strategic synergy and business collaboration with ICBC Group. Its overall operating performance has remained sound, and its risk prevention and control capabilities have continued to enhance.
As a legal-person bank with "ICBC bloodline and foreign-invested mechanism", Chinese Mercantile Bank has always focused on serving the real economy, adhered to creating value through service, and based on its own distinctive positioning and locational advantages, is committed to "serving opening-up, serving people's livelihood, and serving innovation". It has received multiple honors such as "Annual Outstanding Foreign Bank Brand" and "Outstanding Financial Enterprise Award", and its market position and brand influence have maintained steady improvement. Since 2018, Chinese Mercantile Bank has received an "AAA" issuer credit rating from China Chengxin International Credit Rating Co., Ltd. for five consecutive years, with a stable rating outlook.
Looking to the future, Chinese Mercantile Bank will rely on the comprehensive strategic support and sustained resource support of ICBC Group, deepen innovation and transformation, strengthen technological empowerment, enrich its product system, broaden service channels, and provide customers with professional, high-quality, personalized, and integrated comprehensive financial services, steadily advancing toward the goal of building a first-class boutique bank with distinctive characteristics.
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