China Merchants Bank Loan (Beijing) Financial Service Outsourcing Co., Ltd. China Merchants Bank was established in Shekou, Shenzhen, 1987, and is a subsidiary of China Merchants Group. The full name of China Merchants Bank's phased outsourcing company is China Merchants Bank Loan (Beijing) Financial Service Outsourcing Co., Ltd., which is the first joint-stock commercial bank wholly owned by an enterprise legal person in China and the first pilot bank to promote banking reform from outside the system.