Founded in 1987, the bank has over 70,000 employees and a service network that consists of more than 1,800 branches worldwide, including six overseas branches, three overseas representative offices, and service outlets located in more than 130 cities of mainland China. CMB has evolved into a comprehensive banking group equipped with financial licenses of commercial banking, financial leasing, fund management, life insurance, and overseas investment banking, and has pushed forward the "Light-operation Bank" strategy in pursuit of dynamic balance in quality, profitability, and scale.