China Development Bank (CDB) was founded in 1994 as a policy financial
institution under the direct leadership of the State Council. It was
incorporated as China Development Bank Corporation in December 2008, and
officially defined by the State Council as a development finance
institution in March 2015.
CDB has a registered capital of RMB 421.248 billion. Its shareholders
include the Ministry of Finance of the People’s Republic of China (36.54%),
Central Huijin Investment Ltd. (34.68%), Buttonwood Investment Holding Co.,
Ltd. (27.19%) and the National Council for Social Security Fund (1.59%).
CDB provides medium- to long-term financing facilities that serve China’s
major long-term economic and social development strategies. By the end of
2015, its assets grew to RMB 12.62 trillion, a balance of loans of RMB 9.21
trillion, and a cumulative recovery rate of 98.78% that continued to lead
the industry for the sixteenth consecutive year. We also further enhanced
our sustainability and risk management, delivering a net profit of RMB
102,788 million, ROA of 0.90%, ROE of 11.74%, and capital adequacy of
10.81%. Professional credit rating agencies including Moody's and Standard
& Poor's have rated CDB at the same level as China’s sovereign rate.
CDB is the world’s largest development finance institution, and the largest
Chinese bank for foreign investment and financing cooperation, long-term
lending and bond issuance. It ranked 87th on the Fortune Global 500 list in
2015.
CDB currently has 37 primary branches and 3 secondary branches on the
Chinese mainland, one offshore branch in Hong Kong and five representative
offices in Cairo, Moscow, Rio de Janeiro, Caracas and London, with about
9,000 staff. Its subsidiaries include CDB Capital Co.,Ltd., CDB Securities
Co.,Ltd., CDB Leasing Co.,Ltd. and China-Africa Development Fund Co.,Ltd
Company Details
- Employees
- 1.32K
- Phone
- 86-10-68306688
- webmaster@cdb.cn
- Industry
- Banking
- NAICS
-
Commercial Banking
- Website
- cdb.com.cn
China Development Bank Questions
China Development Bank's helpline number is 86-10-68306688
China Development Bank's website is cdb.com.cn
China Development Bank's LinkedIn profile is https://cn.linkedin.com/company/china-development-bank
China Development Bank has
1.32K employees.
View email and phone details for 1.32K
employees at China Development Bank.
China Development Bank's industry is
Banking
China Development Bank's top competitors are
China Agricultural Development Bank,
Agricultural Bank Of China,
Asian Development Bank (Adb),
中国进出口银行,
China Construction Bank,
New Development Bank (Ndb),
Industrial And Commercial Bank Of China,
Bank Of China,
国家开发银行,
China Merchants Bank.
China Development Bank's support email address is webmaster@cdb.cn
China Development Bank's categories are Banking
