The Asian Banker

China Minsheng Bank creates scale and diversifies risks to drive profitability
Dong Wenbiao, chairman of China Minsheng Bank, discusses the reorganisation of the bank’s main business lines and redefines the rules of the game for MSE businesses.

Apr 10, 2013 | Foo Boon Ping

China Minsheng Bank, established in 1996, was one of China’s first privately-owned joint-stock commercial banks. For most of the first ten years of its existence, it did not have a clear strategy or customer focus. However, all that changed in 2006 when the bank embarked on a major reorganisation and transformed its main lines of business into strategic business units, adopting a management and organisational set-up closer to that of international banks. Its corporate reform effort has been vindicated by the reputation that the bank has established for itself in single-handedly rewriting the…

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Categories: Cash, Treasury & Trade, Trade Finance, Transaction Banking
Keywords: China Minsheng Bank, Dong Wenbiao, MSE, NSOE, ACFIC
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