China Merchants Bank Co Ltd - Company Profile
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China Merchants Bank Co Ltd (CMB) is a provider of commercial and retail banking products and related financial services. Adequate capital, decrease in non-interest expenses, and assets under management are the major strengths of the bank, even as a decrease in net interest margin and credit cards could be a cause for concern. The growing market for payments channel and wealth management prospects in China, and the emergence of FinTech could provide ample growth opportunities to the bank. However, emergence of neobanks, litigation risks, and risks related to online identity theft and hacking could pose challenges to the bank.
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