About China Merchants Wing Lung Bank
China Merchants Wing Lung Bank is a company based in Hong Kong (China) founded in 1933 was acquired by China Merchants Bank in June 2009.. The company has 30 employees as of December 31, 2022. China Merchants Wing Lung Bank operates in a competitive market with competitors including Investec, SVB, Bank of America, Scotiabank and China Merchants Bank, among others.
- Headquarter Hong Kong, China
- Employees 30 as on 31 Dec, 2022
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Sectors
Financial Services
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Phone
*********
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Website
*********
- Legal Name Cmb Wing Lung Bank Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
30
as on Dec 31, 2022
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Acquired by
China Merchants Bank
(Jun 01, 2009)
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Funding Insights of China Merchants Wing Lung Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in China Merchants Wing Lung Bank
China Merchants Wing Lung Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include China Merchants Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Diversified banking and wealth management services are provided in China.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by China Merchants Wing Lung Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - China Merchants Wing Lung Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
China Merchants Wing Lung Bank Comparisons
Competitors of China Merchants Wing Lung Bank
China Merchants Wing Lung Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Investec, SVB, Bank of America, Scotiabank and China Merchants Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
Banking services are provided to innovative companies, investors, and individuals.
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| domain | founded_year | HQ Location |
Commercial banking and asset management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Diversified banking and wealth management services are provided in China.
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| domain | founded_year | HQ Location |
Commercial bank
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on China Merchants Wing Lung Bank
Frequently Asked Questions about China Merchants Wing Lung Bank
When was China Merchants Wing Lung Bank founded?
China Merchants Wing Lung Bank was founded in 1933.
Where is China Merchants Wing Lung Bank located?
China Merchants Wing Lung Bank is headquartered in Hong Kong, China.
How many employees does China Merchants Wing Lung Bank have?
As of Dec 31, 2022, the latest employee count at China Merchants Wing Lung Bank is 30.
What does China Merchants Wing Lung Bank do?
China Merchants Wing Lung Bank was established in 1933 as a commercial bank in Hong Kong, China. Operations focus on core banking activities, including deposit management, lending, and trade finance for corporate and retail clients. The institution maintains a presence in the financial sector of the region, with services tailored to local economic needs. Its domain, cmbwinglungbank.com, supports digital access to these offerings.
Who are the top competitors of China Merchants Wing Lung Bank?
China Merchants Wing Lung Bank's top competitors include Investec, SVB and Scotiabank.
Who are China Merchants Wing Lung Bank's investors?
China Merchants Wing Lung Bank has 1 investor. Key investors include China Merchants Bank.
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