China

Awards of Excellence
Asian regional awards

Best Bank: China Merchants Bank Best Equity House: Goldman Sachs Best Debt House: Morgan Stanley Best M&A House: Goldman Sachs

China Merchants Bank is the comfortable winner of this year’s award for best bank in China. The Shenzhen-headquartered privately held bank, the first such bank in China, sets the operational standards to which other Chinese lenders, most notably the large state-owned banks, aspire. From its early days as a regional bank serving the Pearl River delta region of southern China, CMB has transformed itself into a national bank and now boasts a network of more than 400 branches and offices in 30 major cities in China as well as a presence in Hong Kong.