China Merchants Bank

Hong Kong, Hong Kong

China Merchants Bank

Hong Kong, Hong Kong
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News Article | May 4, 2017
Site: www.prnewswire.com

Just before the launch ceremony, Vice President of the People's Bank of China, Fan Yifei, who was attending the "RMB Global Cities Dialogue" in Sydney, visited the local merchants to experience and offer advice to the launch of mobile QuickPass in Australia. He was accompanied by Cheng Jingye, Chinese ambassador to Australia, Shi Wenchao, President of China UnionPay, Cai Jianbo, Executive Vice President of China UnionPay and Paul Monnington, Head of Digital and Payments for Woolworths. UnionPay's acceptance network covers both online and in-store scenarios. 90% of ATMs and 70% of merchants in Australia accept UnionPay cards. UnionPay International has also enabled many educational institutions and airlines to accept UnionPay cards online. Qantas is the first Australian airline supporting UnionPay online payment. Australia is also the market with the largest number of mobile QuickPass terminals outside mainland China. 60% of the local merchants accepting UnionPay cards support mobile QuickPass. This time, UnionPay International and Woolworths have reached an agreement to enable Woolworths Group stores, including Woolworths Supermarkets, Dan Murphy's and BWS liquor stores and BigW discount department stores to accept mobile QuickPass in the near future. Taking advantage of Woolworths' rich merchant resources and given the contactless technology usage in Australia, UnionPay International gives priority to enabling supermarkets to support mobile QuickPass first, laying a solid foundation for the localization of its business. Besides NFC products, UnionPay also launched QR code payment in December 2016, which is also one product of the mobile QuickPass portfolio. Banks including Bank of China and China Merchants Bank have announced to fully support UnionPay QR code payment, to better safeguard customers' personal information and fund. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/australias-largest-supermarket-chain-woolworths-accepts-unionpay-quickpass-300451409.html


News Article | May 4, 2017
Site: www.prnewswire.co.uk

Just before the launch ceremony, Vice President of the People's Bank of China, Fan Yifei, who was attending the "RMB Global Cities Dialogue" in Sydney, visited the local merchants to experience and offer advice to the launch of mobile QuickPass in Australia. He was accompanied by Cheng Jingye, Chinese ambassador to Australia, Shi Wenchao, President of China UnionPay, Cai Jianbo, Executive Vice President of China UnionPay and Paul Monnington, Head of Digital and Payments for Woolworths. UnionPay's acceptance network covers both online and in-store scenarios. 90% of ATMs and 70% of merchants in Australia accept UnionPay cards. UnionPay International has also enabled many educational institutions and airlines to accept UnionPay cards online. Qantas is the first Australian airline supporting UnionPay online payment. Australia is also the market with the largest number of mobile QuickPass terminals outside mainland China. 60% of the local merchants accepting UnionPay cards support mobile QuickPass. This time, UnionPay International and Woolworths have reached an agreement to enable Woolworths Group stores, including Woolworths Supermarkets, Dan Murphy's and BWS liquor stores and BigW discount department stores to accept mobile QuickPass in the near future. Taking advantage of Woolworths' rich merchant resources and given the contactless technology usage in Australia, UnionPay International gives priority to enabling supermarkets to support mobile QuickPass first, laying a solid foundation for the localization of its business. Besides NFC products, UnionPay also launched QR code payment in December 2016, which is also one product of the mobile QuickPass portfolio. Banks including Bank of China and China Merchants Bank have announced to fully support UnionPay QR code payment, to better safeguard customers' personal information and fund.


News Article | May 4, 2017
Site: en.prnasia.com

SYDNEY, May 4, 2017 /PRNewswire/ -- Recently, the largest supermarket chain in Australia, Woolworths, has enabled all of its supermarkets in Australia to accept UnionPay mobile QuickPass. On the same day, UnionPay International also collaborated with Qantas, the largest airline in Australia in accepting UnionPay cards to pay online for its flights departing from mainland China. In December 2015, UnionPay, together with over 20 banks, launched mobile QuickPass, a secure and convenient mobile payment product. Now, mobile QuickPass is accepted at over 10 million POS terminals worldwide, covering Australia, Canada, Hong Kong, Macau, Malaysia, New Zealand, Singapore, Taiwan and the UAE. During UnionPay's rolling out of mobile QuickPass globally, the People's Bank of China has offered great support. Just before the launch ceremony, Vice President of the People's Bank of China, Fan Yifei, who was attending the "RMB Global Cities Dialogue" in Sydney, visited the local merchants to experience and offer advice to the launch of mobile QuickPass in Australia. He was accompanied by Cheng Jingye, Chinese ambassador to Australia, Shi Wenchao, President of China UnionPay, Cai Jianbo, Executive Vice President of China UnionPay and Paul Monnington, Head of Digital and Payments for Woolworths. UnionPay's acceptance network covers both online and in-store scenarios. 90% of ATMs and 70% of merchants in Australia accept UnionPay cards. UnionPay International has also enabled many educational institutions and airlines to accept UnionPay cards online. Qantas is the first Australian airline supporting UnionPay online payment. Australia is also the market with the largest number of mobile QuickPass terminals outside mainland China. 60% of the local merchants accepting UnionPay cards support mobile QuickPass. This time, UnionPay International and Woolworths have reached an agreement to enable Woolworths Group stores, including Woolworths Supermarkets, Dan Murphy's and BWS liquor stores and BigW discount department stores to accept mobile QuickPass in the near future. Taking advantage of Woolworths' rich merchant resources and given the contactless technology usage in Australia, UnionPay International gives priority to enabling supermarkets to support mobile QuickPass first, laying a solid foundation for the localization of its business. Besides NFC products, UnionPay also launched QR code payment in December 2016, which is also one product of the mobile QuickPass portfolio. Banks including Bank of China and China Merchants Bank have announced to fully support UnionPay QR code payment, to better safeguard customers' personal information and fund.


Logo após a cerimônia de lançamento, o vice-presidente do Banco Popular da China, Fan Yifei, que estava participando do "RMB Global Cities Dialogue" (Diálogo das cidades globais sobre a RMB) em Sydney, visitou comerciantes locais para trocar experiências e oferecer informações sobre o lançamento do QuickPass móvel na Austrália. Ele foi acompanhado pelo embaixador chinês na Austrália Cheng Jingye, pelo presidente da China UnionPay, Shi Wenchao, pelo vice-presidente executivo da China UnionPay, Cai Jianbo, e pelo diretor da Divisão Digital e Pagamentos da Woolworths, Paul Monnington. A Austrália também é o mercado com o maior número de terminais do QuickPass móvel fora da China continental. 60% dos comerciantes locais que aceitam cartões da UnionPay dão suporte ao QuickPass móvel. Desta vez, a UnionPay International e a Woolworths chegaram a um acordo para habilitar as lojas do Grupo Woolworths, incluindo os Woolworths Supermarkets, as lojas de bebidas alcoólicas Dan Murphy's e BWS e as lojas de departamento e descontos BigW, para aceitarem o QuickPass móvel em um futuro próximo. Além dos produtos de NFC, a UnionPay também lançou o pagamento com código QR em dezembro de 2016, produto que também faz parte do portfólio do QuickPass móvel. Bancos como o Bank of China e o China Merchants Bank anunciaram seu suporte integral ao pagamento com código QR da UnionPay, para garantir mais proteção às informações pessoais e aos fundos dos clientes.


Juste avant la cérémonie de lancement, le vice-président de la Banque populaire de Chine, Fan Yifei, qui a assisté au « RMB Global Cities Dialogue » (dialogue des villes internationales avec le RMB) à Sydney, a rendu visite aux commerçants locaux pour les découvrir et offrir des conseils pour le lancement du QuickPass mobile en Australie. Il était accompagné par Cheng Jingye, l'Ambassadeur de Chine en Australie, Shi Wenchao, le président de China UnionPay, Cai Jianbo, le vice-président exécutif de China UnionPay et Paul Monnington, directeur du numérique et des paiements chez Woolworths. Le réseau d'acceptation d'UnionPay couvre les ventes en ligne et dans les magasins. 90 % des distributeurs automatiques de billets et 70 % des commerçants en Australie acceptent les cartes UnionPay. UnionPay International a aussi permis à de nombreuses institutions de formation et de lignes aériennes d'accepter les paiements par carte UnionPay en ligne. Qantas est la première compagnie aérienne australienne à accepter les paiements UnionPay en ligne. L'Australie est également le marché avec le plus grand nombre de terminaux QuickPass mobiles en dehors de la Chine continentale. 60 % des commerçants locaux qui acceptent les cartes UnionPay prennent en charge le paiement par QuickPass mobile. Cette fois, UnionPay International et Woolworths sont arrivés à un accord qui permet aux magasins du groupe Woolworths, dont les supermarchés Woolworths, les magasins de spiritueux Dan Murphy's et BWS et les magasins de discount BigW d'accepter le paiement par QuickPass mobile dans un avenir proche. Hormis ses produits de communication en champ proche (NFC selon l'anglais), UnionPay a également lancé un paiement par code QR en décembre 2016, qui est également l'un des produits du portefeuille de QuickPass mobile. Des banques comprenant la Bank of China et la China Merchants Bank ont annoncé qu'elles allaient apporter tout leur soutien au paiement par code QR d'UnionPay, afin de mieux protéger les informations personnelles et les fonds des clients.


News Article | August 16, 2017
Site: www.businesswire.com

PARIS & BEIJING--(BUSINESS WIRE)--Murex, a global leader in trading, risk management and processing solutions, is pleased to announce the successful launch of the MX.3 platform at China Merchants Bank (CMB). As one of China’s largest commercial banks, CMB financial market department currently averages 8,000 trades per day with a portfolio of 320,000 live trades on MX.3. CMB decided to launch the project to implement an enterprise-wide solution for their capital markets teams based in Shenzhen and Shanghai. This was done in order to improve control over their end-to-end trading cycle from front-to-back through risk, streamline and automate their operations, and enable new business. Murex’s MX.3 platform was selected as it provided the functional, geographical and product coverage that was required by the bank. Covering Front Office, Processing, Finance, and Risk Management, MX.3 also provides VaR analytics across all asset classes. By selecting MX.3, CMB can now significantly increase working efficiency and productivity while simultaneously reducing their operational risk with a single platform. Commenting on the implementation, CMB’s Chief Technology Officer, Mr. Chen said, “Murex is a market leader in cross-functional platforms that has given us confidence quite early in the process with their advanced platform, their track record around the world and the experience of their local team. After such a smooth transition and implementation, we are excited to see what the future holds for our partnership with Murex, and build upon the success achieved to date” Tarek Barada, General Manager of Murex China remarked “We are extremely pleased with the successful implementation of MX.3 into CMB. The solution will help the bank to rationalize their IT architecture whilst controlling total cost of ownership. Our platform will also enable them to be agile in the face of new regulatory obligations, such as FRTB. We look forward to working closely with CMB as they expand into new territories and businesses.” Established in 1987, CMB has become one of the largest commercial banks in China. As of end of 2016, CMB has 70,000 employees spread on sub branches in more than 130 cities across China, 1,900 subsidiaries globally and 6 branches with 3 representative offices overseas. For many consecutive years, CMB has been ranked among China’s top commercial banks according to comprehensive assessment by CBRC, and it was also listed No.60 among the world's Top 1,000 Banks by The Banker. For more than 30 years, Murex has been providing enterprise-wide, cross-asset financial technology solutions to capital markets players. Its MX.3 platform supports trading, treasury, risk and post-trade operations, enabling clients to better meet regulatory requirements, manage enterprise-wide risk, and control costs. With more than 45,000 daily users in 65 countries, Murex has clients in many sectors, from banking and asset management to energy and commodities. Murex is an independent company with 2,000 employees across 17 countries. Murex is committed to providing cutting-edge technology, superior customer service, and product innovation.


News Article | May 24, 2017
Site: www.prnewswire.co.uk

BEIJING, May 24, 2017 /PRNewswire/ -- On May 23, 2017, Huawei held its fifth Global Financial Summit themed "Leading New ICT, Fueling Digital Finance Transformation" in Beijing, China. Bringing together over 800 foreign and domestic finance customers and industry experts, including China Construction Bank (CCB), Agricultural Bank of China (ABC), China Merchants Bank (CMB), Asian Banker, Barclays, Intel, and Infosys, the Summit explored the latest ICT innovations and global best practices to accelerate digital transformation of financial institutions. Accelerating cloudification and digitization of financial institutions Commenting on the trends of future banks, Liu Limin, President of Financial Services Sector, Huawei Enterprise Business Group, said: "In the future, banks will transform into technology companies with banking licenses. With financial institutions as platforms, assets, personnel, the supply chain will be connected more effectively. In line with Huawei's 'platform + ecosystem' strategy, we are committed to helping financial service providers build ICT infrastructure and platforms featuring flexible architecture, precise analysis, efficient collaboration, channel innovation, and secure management. We believe advanced ICT platforms are critical for financial institutions to deliver enhanced services, customized products, and smart customer management. Additionally, we are dedicated to fostering the development of an open ecosystem to help accelerate banking in the cloud." During the Summit, guest speakers also shared their perspectives on future banks, and provided insights and best practices for accelerating cloudification and digitization of banks: New partnerships and comprehensive solutions for the financial sector During the Summit, ABC and Huawei signed a strategic partnership agreement. Under the agreement, Huawei will optimize and integrate architecture within ABC's multiple data centers and service centers to support its growing international operations. In addition, Pactera and Huawei jointly released a distributed digital banking core solution targeting mobile finance, which will meet the diverse customer requirements for mobile banking and internet financial services. Huawei showcased 12 major solutions for the financial industry through scenarios and interactive demonstrations in three large sub-exhibition areas: "Cloud Finance", "Big Data Finance", and "Omni-channel Finance". Huawei's solutions for the financial industry have been deployed by more than 300 financial institutions globally, including six of the top ten banks in the world. In Europe, Asia Pacific, Russia and other regions, Huawei's leading solutions have been deployed by local mainstream financial customers; in China, Huawei has become the IT equipment supplier of the four major state-owned banks. For more information about the Huawei Global Financial Summit 2017 held at the Shangri-La Hotel in Beijing, please visit http://e.huawei.com/topic/finance2017-en/index.html.


News Article | May 24, 2017
Site: en.prnasia.com

BEIJING, May 24, 2017 /PRNewswire/ -- On May 23, 2017, Huawei held its fifth Global Financial Summit themed "Leading New ICT, Fueling Digital Finance Transformation" in Beijing, China. Bringing together over 800 foreign and domestic finance customers and industry experts, including China Construction Bank (CCB), Agricultural Bank of China (ABC), China Merchants Bank (CMB), Asian Banker, Barclays, Intel, and Infosys, the Summit explored the latest ICT innovations and global best practices to accelerate digital transformation of financial institutions. Accelerating cloudification and digitization of financial institutions Commenting on the trends of future banks, Liu Limin, President of Financial Services Sector, Huawei Enterprise Business Group, said: "In the future, banks will transform into technology companies with banking licenses. With financial institutions as platforms, assets, personnel, the supply chain will be connected more effectively. In line with Huawei's 'platform + ecosystem' strategy, we are committed to helping financial service providers build ICT infrastructure and platforms featuring flexible architecture, precise analysis, efficient collaboration, channel innovation, and secure management. We believe advanced ICT platforms are critical for financial institutions to deliver enhanced services, customized products, and smart customer management. Additionally, we are dedicated to fostering the development of an open ecosystem to help accelerate banking in the cloud." During the Summit, guest speakers also shared their perspectives on future banks, and provided insights and best practices for accelerating cloudification and digitization of banks: New partnerships and comprehensive solutions for the financial sector During the Summit, ABC and Huawei signed a strategic partnership agreement. Under the agreement, Huawei will optimize and integrate architecture within ABC's multiple data centers and service centers to support its growing international operations. In addition, Pactera and Huawei jointly released a distributed digital banking core solution targeting mobile finance, which will meet the diverse customer requirements for mobile banking and internet financial services. Huawei showcased 12 major solutions for the financial industry through scenarios and interactive demonstrations in three large sub-exhibition areas: "Cloud Finance", "Big Data Finance", and "Omni-channel Finance". Huawei's solutions for the financial industry have been deployed by more than 300 financial institutions globally, including six of the top ten banks in the world. In Europe, Asia Pacific, Russia and other regions, Huawei's leading solutions have been deployed by local mainstream financial customers; in China, Huawei has become the IT equipment supplier of the four major state-owned banks. For more information about the Huawei Global Financial Summit 2017 held at the Shangri-La Hotel in Beijing, please visit http://e.huawei.com/topic/finance2017-en/index.html.


News Article | May 24, 2017
Site: www.prnewswire.com

PEKING, 24. Mai 2017 /PRNewswire/ -- Am 23. Mai 2017 hat Huawei in Peking (China) seinen fünften globalen Finanzgipfel unter dem Motto „Vorreiter bei neuer IKT, Vortrieb für den digitalen Wandel in der Finanzbranche" ausgerichtet. Bei dem Gipfel kamen mehr als 800 Finanzkunden und Branchenexperten aus dem In- und Ausland zusammen, darunter China Construction Bank (CCB), Agricultural Bank of China (ABC), China Merchants Bank (CMB), Asian Banker, Barclays, Intel und Infosys. Auf dem Gipfel wurden die neuesten IKT-Innovationen und die globalen Best Practices erörtert, um den digitalen Wandel der Finanzinstitutionen voranzubringen.


News Article | May 25, 2017
Site: en.prnasia.com

HONG KONG and SHANGHAI, May 25, 2017 /PRNewswire/ -- On May 25, Forbes released the 2017 Global 2000. Thanks to the strong growth in multiple performance indicators, including revenue, profits and assets, Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An") (HKEx: 2318; SSE: 601318) has featured on the List for 13 consecutive years. This year it ranks 16th, jumping four places on the previous year, and tops global insurers as a diversified player. Ping An ranks 5th among shortlisted companies in Mainland China, and is the top-ranked among Chinese insurers. In addition, the Group is in 10th place among global financial companies this year. Forbes Magazine compiles the "Forbes Global 2000" rankings annually. The list is regarded as one of the world's most authoritative and closely-watched corporate rankings, and is based on the integrated rating of revenue, profit, assets and market capitalization. Based on the 2017 list, Ping An had revenues of US$106.6 billion, profit of US$9.5 billion, assets of US$801 billion and market capitalization of US$100.8 billion. Forbes said that China is still an economic powerhouse and despite its challenges revenue from Chinese companies on the list increased 2% to $3.9 trillion over the trailing 12 months, while profits slid 3% to $368 billion. In 2016, Ping An kept its growth pace ahead the market. Total income reached RMB774.488 billion, up 11.7% compared to the same period a year earlier; net profit amounted to RMB72.368 billion, up 11.0% year-on-year; net profit attributable to shareholders of the parent company rose by 15.1% year-on-year to RMB62.394 billion. The Company's assets totaled about RMB5.58 trillion, up 17.0% from the beginning of the year. In addition, its solvency was adequate. In the face of volatility in international financial markets and the slowdown of the domestic financial industry, Ping An has adhered to its established business strategy and maintained its stable and healthy growth, with its individual integrated finance model reflecting greater value and stronger competitiveness. In 2016, Ping An focused on customers as individuals, and adhered to the concept of "one customer, multiple products and one-stop services", in order to bolster customer service and consumer experience. As at the end of 2016, the number of individual customers of the Group reached 131 million, and the number of internet users accumulated across various services reached 346 million, while total app users reached 233 million. 69.05 million users migrated among various internet platforms; on average, each internet user accessed 1.94 online Ping An services. In 2016, net profit from the individual business totaled RMB40,829 million, up 29.5% year-on-year, accounting for 65.4% of the net profit attributable to shareholders of the parent company. The individual business has become a strong driver of the Group's organic growth in value. Through years of strategic planning and cultivation, Ping An's internet finance companies were able to record prominent growth in its innovation business, while Ping An's core finance companies have been proactively adjusting and adapting to the internet business environment. As of December 31, 2016, the number of registered users of Lufax totaled 28.38 million, while the number of active investor users reached 7.4 million. Assets traded on Lufax maintained rapid growth. In 2016, the trading volume of retail channels amounted to RMB1,535,163 million, with end-of-period retail AUM reached RMB438,379 million, continuing to lead the industry. Ping An Good Doctor has provided health management services to over 130 million users and continues to consolidate its leading position across the nation in terms of online health medical care, with monthly active users and the peak number of daily inquiries hitting 26.25 million and 440,000 respectively. Ping An commented that its transformation from the first joint-stock insurance company in China to the world's leading integrated financial group has much benefited from the era of reform and liberalization, from its extensive customers, from the trust and support of shareholders, as well as from the business management concept of "Survive in Competition and Thrive through innovation". Ping An will actively pursue the two-pronged development approach of core finance business and internet finance business to meet the customer needs and create value for customers, thereby delivering better returns to its investors. As a globally recognized list of business enterprises, the companies on the list of Forbes' 2017 Global 2000 are considered to be among the world's largest, most powerful and most influential enterprises. This year's ranking spans 58 countries and regions, with US$169.1 trillion in total assets. In Top 100, there are 18 Chinese enterprises in total: ICBC (#1), China Construction Bank (#2), Agricultural Bank of China (#6), Bank of China (#8), Ping An Insurance Group (#16), China Mobile (tie with Allianz #21), China Petroleum & Chemical (#25), Bank of Communications (#34), China Merchants Bank (#42), China Life Insurance (#52), Postal Savings Bank Of China (#55), Industrial Bank (#63) , Shanghai Pudong Development Bank (tie with Ford Motor #64), China State Construction Engineering (#71), Citic Pacific (#72), China Minsheng Banking (#75), China CITIC Bank (#78) and Hon Hai Precision (#98). As China's first joint stock insurance company, Ping An Insurance (Group) Company of China, Ltd. ("Ping An") is dedicated to becoming a world-leading personal financial services provider. Today, it is an integrated, compact, multi-functional financial services group with services that include insurance, banking, and investment. As of December 31, 2016, the Group had over 1.4 million employees and agents and 130 million individual customers. As at the end of 2016, the Group's consolidated total assets reached RMB5.58 trillion while equity attributable to shareholders of the parent company stood at RMB383,449 million. Ping An Life and Ping An Property & Casualty are both ranked the second largest in China, Ping An Annuity ranked top in China in their respective areas by premium income. Its subsidiary Ping An Bank is China's first joint stock bank. The Company's key areas of business include investment, with subsidiaries such as Ping An Trust, Ping An Securities and Ping An Asset Management. Further, Ping An strives to develop internet finance, including Lufax, Ping An Good Doctor, Ping An Haofang, E-Wallet, Finance One Account. It has achieved significant growth in both the scale and user base of internet finance. As of December 31, 2016, the number of internet users of the Company reached 346 million. Ping An ranked 16th in Forbes' 2016 Global 2000, it ranked 41st in Fortune Magazine's 2016 Global 500 Leading Companies, being 1st among China's non-state-owned enterprises and the top-ranked China's insurance companies. Apart from these accolades, Ping An ranked 57th in WPP Millward Brown's BrandZ™ Top 100 Most Valuable Global Brands ranking. For more information, please visit http://t.sina.com.cn/pingan, http://t.qq.com/pingan or www.pingan.com.cn. SOURCE Ping An Insurance (Group) Company of China, Ltd.

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