China Minsheng Banking Corp., Ltd. (CGMBF)

0.3423 0.0000 (0.00%) At close: 10:37AM EST

China Minsheng Banking Corp., Ltd.

No. 2 Fuxingmennei Avenue
Xicheng District
Beijing 100031
China
86 10 5856 0975
https://www.cmbc.com.cn

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 62,615

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Yingxin Gao	Executive Chairman of the Board	549.42k	N/A	1962
Mr. Wanchun Zheng	Vice Chairman, President & Deputy Secretary	489.27k	N/A	1964
Ms. Dan Bai	CFO & Joint Company Secretary	N/A	N/A	1963
Mr. Bin Zhang	Chief Information Officer	N/A	N/A	1967
Ms. Bin Li	Executive Vice President	N/A	N/A	1967
Mr. Yunshan Lin	Executive Vice President	N/A	N/A	1970
Mr. Jie Shi	Executive Vice President	N/A	N/A	1965
Mr. Guijun Yuan	Executive VP & Executive Director	451.85k	N/A	1963
Ms. Wai-Yee Wong ACIS, ACS, BEc, HKICS, UKICSA	Joint Company Secretary	N/A	N/A	1976

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

China Minsheng Banking Corp., Ltd. provides various financial products and services to individuals, small and micro-enterprises, corporate customers, government agencies, and financial institutions in the People's Republic of China. The company operates through Corporate Banking, Retail Banking, and Others segments. 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, home, medium and long term, and short-term working capital loans; micro-credit products for individuals; debit and credit cards; and safe deposit boxes. In addition, it provides payment and collection agent, and clearing 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; individual forex settlement, forex remittance, travelers promissory notes, collection, individual deposit certificate, and guarantee letter products; 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 the education, business travel, traveler, art, luxury life, health, club, and isports areas. The company has branch-level institutions, business outlets, community sub-branches, and small business sub-branches. China Minsheng Banking Corp., Ltd. was incorporated 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 1 December 2023 is 7. The pillar scores are Audit: 10; Board: 3; Shareholder rights: 9; Compensation: 5.

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 10 indicates higher governance risk.