About the Supporting Organization

China Development Bank (CDB) was founded in 1994 as a policy financial institution under the direct leadership of China’s State Council. It was incorporated as China Development Bank Corporation in December 2008, and officially affirmed 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 (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, with RMB 9.21 trillion outstanding loans and a cumulative recovery rate of 98.78%, a proud record that has been kept for 16 consecutive years. We have also improved business sustainability and risk management, delivering a net profit of RMB 102.788 billion, ROA of 0.90%, ROE of 11.74%, and a capital adequacy ratio 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 credit.

CDB is the world’s largest development finance institution and the largest Chinese bank for outbound investment and financing, 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 six representative offices in Cairo, Moscow, Rio de Janeiro, Caracas, London and Vientiane, with a total staff of about 9,000. Its subsidiaries include CDB Capital Co., Ltd., CDB Securities Co., Ltd., CDB leasing Co., Ltd. and China-Africa Development Fund Co., Ltd.