October 26, 2016 2:27 PM ET


Company Overview of China Development Bank Corporation

Company Overview

China Development Bank Corporation provides various banking and financial products and services in the People’s Republic of China. It operates through Banking Operations, Equity Investment, Leasing Operations, and Securities Operations segments. The Banking Operations segment is involved in corporate banking operations, including lending, deposits, agency services, consulting and advisory services, cash management, remittance and settlement, and custody and guarantee services; and debt issuance operations. This segment also engages in treasury operations, such as money market transactions, foreign exchange transactions, bond market transactions, customer-based interest rate and foreign excha...

No. 18 Fuxingmennei Street

Xicheng District

Beijing,  100031


Founded in 1994


86 10 6830 6789


86 10 6830 6699

Key Executives for China Development Bank Corporation

Vice Chairman and President
Age: 58
Age: 61
Head of Finance and Employee Representative Supervisor
Age: 56
Chief Risk Officer
Age: 59
Executive Vice President
Age: 58
Compensation as of Fiscal Year 2016.

China Development Bank Corporation Key Developments

Sale Of 10% Stake In SIBUR Expected Soon

The sale of 10% stake in Public Joint-Stock Company SIBUR Holding is expected to happen soon, Leonid Mikhelson, principle shareholder of SIBUR said. When asked if China Petroleum & Chemical Corp. (SEHK:386) (Sinopec) or other Chinese companies would increase their stake in SIBUR, he said: "I think soon, yes." Earlier it was rumored that China Development Bank Corporation (CDB) and The Silk Road Fund Co Ltd. (SRF) might participate in such a deal. The Russian government commission on foreign investment has approved the purchase of up to 20% of SIBUR shares "in accordance with a request from the Chinese side."

China Development Bank Corporation Presents at China Green Finance and Investment Summit, Aug-03-2016 11:30 AM

China Development Bank Corporation Presents at China Green Finance and Investment Summit, Aug-03-2016 11:30 AM. Venue: China. Speakers: WU Jiang, President, Qinghai Branch.

Petroleo Brasileiro S.A. Executes Facility Agreement with China Development Bank Corporation for Cooperation Arrangement

Petroleo Brasileiro S.A., or Petrobras, has executed with China Development Bank Corporation, or CDB, the first facility agreement of a cooperation arrangement to be implemented during 2015 and 2016. The agreement is reportedly being executed in China. This contract represents a USD 3.5 billion facility agreement, to be withdrawn by Petrobras Global Trading BV - PGT, Petrobras' subsidiary. In addition, the parties confirmed the intention of developing new cooperation in the near future. The facility agreement is an important milestone to develop further the strategic partnership between CDB and Petrobras targeting to enhance the synergy between the economies of both countries.

Recent Private Companies Transactions

No transactions available in the past 12 months.

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