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China Development Bank (CDB) is China’s flagship bank in long and medium-term investment and financing. Currently, the bank has 34 branches and two representative offices in mainland China ; it also has a branch in Hong Kong and representative offices in Cairo and Moscow. Its wholly owned subsidiaries, CDB Capital and CDB Securities, respectively specialize in equity investment and investment banking. It has a workforce of about 7,000 people and assets approaching US$1 trillion dollars.

In the course of supporting China’s economic and social development, CDB has embarked on large-scale, long-term and medium-term banking services in keeping with China’s national conditions and priorities. It has supported key national projects, such as the Three Gorges project, the south-to-north water diversion project, the west-to-east natural gas transmission project, the venues of the Beijing Olympic Games, and the infrastructures of the Shanghai Expo.

CDB is a promoter of financial innovation. In providing financial inclusive services, the bank has employed a wholesale approach to solve financing difficulties for millions of businesses. Hundreds of millions of ordinary people have benefited from the bank’s support for new countryside construction, small businesses, low-income family housing, environmental protection, medicare, microloans, student loans, and emergency loans.

CDB is China’s largest bank in terms of loans for foreign investment and finance. It has financed many major international projects and supported many major Chinese companies in developing overseas markets.

CDB is noted for first-rate operational performance. As a bond bank specialized in raising funds by issuing bonds, CDB is China’s second largest bond issuer, second only to the Ministry of Finance. As of the end of 2010, the bank’s assets stood at 5.05 trillion Yuan ; its nonperforming loan ratio was 0.68%. Moody’s, Standard & Poor’s and other specialized rating institutions all place CDB’s credit ratings at the same level as China’s sovereign ratings.

CDB is a bank with the highest sense of social responsibility. Being the first state-owned bank to join the United Nations Global Compact, CDB has incorporated principles and elements of social responsibility directly into its development strategy, operational strategy, business process and corporate culture.

At a glance
Chairman : Hu Huaibang pdfDownload Biography102.32 KB
Sherpa : Bian Shiyuan
Location : Beijing
Website : www.cdb.com.cn

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