CMB Wing Lung Bank
| Company type | Subsidiary |
|---|---|
| Industry | Banking |
| Founded | February 25, 1933 |
| Founder | Dr. Wu Yee-sun |
| Headquarters | Hong Kong , Hong Kong |
Area served | Hong Kong, Mainland China, Macau, United States |
Key people | Dr. Ma Weihua (Chairman), Dr. Zhang Guanghua (Vice Chairman) |
| Products | Banking services |
| Owner | China Merchants Bank |
Number of employees | 1900+ |
| Parent | China Merchants Bank |
CMB Wing Lung Bank (; previously listed under stock number ) is a bank based in Hong Kong. As of December 2018, the bank operates a network of 35 branches across Hong Kong, 4 branches within mainland China, a single branch in Macau, and two international branches located in Los Angeles and San Francisco, United States.
Established on 25 February 1933 by Dr. Wu Yee-sun, who was the principal shareholder, the bank remained publicly traded in Hong Kong from 1980 until its takeover by China Merchants Bank in 2009. It employs a workforce exceeding 1,900 employees and oversees assets valued at more than HKD 300 billion.
In 2008, China Merchants Bank secured a controlling interest by acquiring 53.12% of the shares, becoming the dominant shareholder. Following this acquisition, Dr. Ma Weihua and Dr. Zhang Guanghua from China Merchants Bank were appointed as chairman and vice chairman of Wing Lung Bank respectively. By 2009, China Merchants Bank completed the full acquisition, resulting in Wing Lung Bank becoming a wholly owned subsidiary and leading to its removal from the Hong Kong Stock Exchange effective 16 January 2009. In May of that year, Wing Lung Bank adopted the corporate branding of China Merchants Bank.
The branch located in Alhambra, California features North America's largest glass Tile mural, measuring by , composed of approximately one million glass tiles inspired by the nearby San Gabriel Mountains. This artwork received the 2007 Spectrum Award recognizing outstanding tile design.
On The Banker’s Top 500 Banking Brands ranking for 2019, China Merchants Bank was positioned ninth.