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Is Meizhou China Merchants Bank safe?

Safe.

Meizhou China Merchants Bank was established by five private enterprises, namely Baoxin Energy, Tapai Group, Xizhilang Group, Chaohua Technology and Shi Wen Co., Ltd., with its headquarters in Meizhou, Guangdong Province, and registered capital of 2 billion yuan. It was approved by Guangdong Supervision Bureau of China Banking Regulatory Commission on June 22nd, 20 17. It is the first private bank in eastern and western Guangdong and the second private bank in Guangdong Province after Weizhong Bank. As a private bank, Meizhou China Merchants Bank will strictly abide by relevant laws and regulations and take necessary risk control measures to ensure the safety of customers' funds.