Full name: China Development Bank. Established in 1994, it is a policy bank directly under the State Council. In February 2008, it was reorganized into China Development Bank Corporation. From 2065438 to March 2005, the State Council clearly defined CDB as a development financial institution.
The registered capital of CDB is 4.2124.8 million yuan, and the shareholders are People's Republic of China (PRC) Ministry of Finance, central huijin Investment Co., Ltd., Wutongshu Investment Platform Co., Ltd. and National Social Security Fund Council, with the shareholding ratios of 36.54%, 34.68%, 27. 19% and159% respectively.
CDB mainly serves the major medium and long-term development strategy of the national economy by developing medium and long-term financial services such as credit and investment. By the end of 20 15, the asset scale was 12.3 trillion yuan, and the non-performing loan ratio was lower than 1% for 43 consecutive quarters, maintaining the first-class performance in the market. Professional rating agencies such as Moody's and Standard & Poor's have been rating CDB and China for many years.
CDB is the largest development financial institution in the world, and also the largest foreign investment and financing cooperative bank, medium and long-term credit bank and bond bank in China. 20 15 years, ranked 87th among Fortune Global 500 enterprises.
July 20 19, Fortune Global 500 released: China Development Bank ranked 67th.
Extended data
scope of business
According to the articles of association of China Development Bank and the relevant provisions of the state, China Development Bank is a policy financial institution directly led by the State Council, and accepts the guidance and supervision of the People's Bank of China in financial business. China Development Bank operates the following businesses:
1. Manage and use the budgetary operating construction funds and discount interest funds allocated by the state.
2. Issue financial bonds to domestic financial institutions and financial guarantee construction bonds to the society.
3. According to the national plan for utilizing foreign capital, handle loans from relevant foreign governments and international financial organizations, issue bonds abroad with the approval of the state, and borrow international commercial loans.
4, to the national infrastructure, basic industries and pillar industries of large and medium-sized capital construction and technological transformation and other policy projects and supporting projects to issue policy loans.
5, for the construction project loan conditions review, consulting and guarantee business. Find domestic and foreign joint venture partners for key construction projects and provide investment opportunities and information.
6. Other approved businesses.