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China Minsheng Banking Corp., Ltd. (1988.HK)

HKSE - HKSE Delayed Price. Currency in HKD
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7.930-0.050 (-0.627%)
At close: 4:09PM HKT

China Minsheng Banking Corp., Ltd.

No. 2 Fuxingmennei Avenue
Xicheng District
Beijing 100031
China
86 10 5856 0666
http://www.cmbc.com.cn

SectorFinancial
IndustryMoney Center Banks
Full Time Employees58,720

Key Executives

NameTitlePayExercisedAge
Mr. Qi HongChairman678.46kN/A60
Mr. Wanchun ZhengPres and Exec. Director637.82kN/A53
Mr. Yutang LiangVice Chairman, Managing Director and VP619.43kN/A59
Ms. Dan BaiChief Financial OfficerN/AN/A54
Mr. Qingyuan WanDirector of the Board OfficeN/AN/A52
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

China Minsheng Banking Corp., Ltd. provides various financial products and services to individuals, corporate customers, government agencies, and financial institutions in the People's Republic of China. The company operates through four segments: Corporate Banking, Personal Banking, Treasury, and Others. Its deposit products include saving accounts, deposit certificates, contracted deposits, agreement deposits, call deposits, corporate term deposits, and corporate current deposits. The company also offers personal housing mortgage, individual automobile purchase, household composite consumption, medium and long term, and short-term working capital loans, and micro-credit products for individuals; trust, trade-related products, and foreign currency services; and debit and credit cards. In addition, it provides foreign exchange trading, interest rate and foreign exchange derivatives transactions, money market transactions, proprietary trading, and asset-liability management services, as well as Internet, mobile, and telephone banking services. Further, the company offers gross settlement; wages distribution agency and letter of guarantee; cash management; trade finance; industrial chain finance; and comprehensive credit granting, forex settlement and sale, financial product investment, and trust financing services. Additionally, it provides convenient finance, investment banking, and asset management services, as well as non-financial services in education, business travel, traveler, art, luxury life, health, club, and isports areas. As of December 31, 2016, the company had 124 branches, 1,119 business outlets, 1,694 community sub-branches, 147 small business sub-branches, and 5,132 self-service banks. China Minsheng Banking Corp., Ltd. was founded in 1996 and is headquartered in Beijing, the People's Republic of China.

Corporate Governance

China Minsheng Banking Corp., Ltd.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.