Article: CHINA MERCHANTS BANK NEW YORK BRANCH OPENS FOR BUSINESS.

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(BW)(NY-CHINA-MERCHANTS-BANK) China Merchants Bank New York Branch Opens for Business

First Branch of a Chinese Bank to Open in the U.S. in 17 Years

Financial Editors

NEW YORK--(BUSINESS WIRE) - Oct. 10, 2008-- China Merchants Bank ("CMB") New York Branch officially opened for business at 535 Madison Avenue, New York, N.Y. CMB is the first branch opened by a Chinese banking institution since the adoption of Foreign Bank Supervision Enhancement Act of 1991, turning a new chapter of market access of Chinese banks to the United States.

CMB New York Branch was opened after less ...

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