China Merchants Bank Co Ltd operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China Merchants Bank Co Ltd with three other
companies in this sector in China:
China Minsheng Banking Corporation Limited
sales of 266.77 billion Chinese Renmimbi [US$38.66 billion]
of which 19%
was Corporate banking business),
POSTAL SAVINGS BANK of CHINA Co Ltd
(319.54 billion Chinese Renmimbi [US$46.30 billion]
of which 49%
was Treasury), and
Industrial Bank Co Ltd
(288.83 billion Chinese Renmimbi [US$41.85 billion]
During the year ended December of 2015, sales at
China Merchants Bank Co Ltd were 304.54 billion Chinese Renmimbi (US$44.13 billion).
increase of 8.4%
versus 2014, when the company's sales were 281.05 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at China Merchants Bank Co Ltd
(and since 2010, sales have increased a total of 204%).
Sales of Others and Unallocated saw an increase
that was more than double the company's growth rate: sales were up
697.9% in 2015, from
1.51 billion Chinese Renmimbi to 12.04 billion Chinese Renmimbi.
China Merchants Bank Co Ltd also saw significant increases in sales in
Retail Banking (up 30.0% to 89.19 billion Chinese Renmimbi)
Treasury Business (up 40.3% to 26.45 billion Chinese Renmimbi)
Not all segments of China Merchants Bank Co Ltd experienced an increase in sales in 2015:
sales of Corporate Banking fell 3.8% to 74.49 billion Chinese Renmimbi.