China Development Bank
| China Development Bank
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|---|---|
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| legal form | Centrally managed company |
| founding | 1994 |
| Seat | Beijing |
| management | Hu Huaibang since April 2013 |
| Number of employees | around 3,500 employees |
| Branch | Banking, finance |
| Website | China Development Bank |
China Development Bank ( CDB ) ( Chinese 国家 开发 银行 , Pinyin Guójiā kāifā yínháng - "State Development Bank ") is a state-owned company of the People's Republic of China with its headquarters in Beijing . The company was founded in 1994. The company has been headed by the Chinese politician Chen Yuan since 1998 .
The company finances, among other things, large infrastructure projects such as the Three Gorges Dam and Shanghai Pudong Airport . The government of the People's Republic of China is liable for loans from the CDB . The company employs around 3,500 people (as of the end of 2004).
China also grants loans to countries such as Venezuela , Brazil , India , Ghana and Argentina through the China Development Bank , often to secure future supplies of raw materials. Due to the high currency reserves from exports, the Export-Import Bank of China , which is also state-owned, and the CDA together were the largest lenders to developing countries with over 100 billion US dollars in 2009 and 2010, ahead of the multilateral World Bank .
The aircraft financier CDB Aviation in Dublin , founded in 2009, is a subsidiary of the finance leasing company CDB Leasing Co. Ltd (1984 to May 2008 Shenzhen Finance Leasing Co. Ltd. ) for various transport sectors.
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See also
Web links
- China Development Bank (English)
- Bank portrait , FAZ , August 27, 2008
- Who is the China Development Bank? ( Memento from August 31, 2008 in the Internet Archive ) In: FTD , August 29, 2008
Individual evidence
- ↑ cdb.com.cn ( Memento of the original from October 7, 2007 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. (English)
- ↑ Message on diepresse.com from January 18, 2011 , accessed on November 19, 2011
- ↑ http://www.cdbaviation.aero
