Private banking and wealth management at China
Merchants Bank received a welcome boost in the first half of 2012
with healthy gains in assets under management (AuM) and client
numbers.

The bank registered 18,401 private banking
customers and RMB412bn ($64.9bn) in total AuM as at 30 June 2012,
an 11.57% and 11.42% rise respectively from the start of 2012.

Private banking AuM comprised 12.4% of China
Merchants’ total AuM, which went up by 18% to RMB3.32trn in the
first half of 2012.

The proportion of high net worth (HNW)
customers also increased, by 1.68 percentage points to 15.89%,
since the start of the year.

 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.