China Development Bank, a state-controlled bank primarily responsible for raising funding for large infrastructure projects in China, announced Friday that it will issue RMB 20 billion worth of fixed-rate financial bonds by tender on the interbank market on Oct. 28. The bonds, this year's 19th batch, will have a...
China Development Bank, a state-controlled lender, said Tuesday that it has established an investment fund subsidiary in Beijing with a registered capital of RMB 35 billion to focus on private equity funds, direct investment and financial consultation. The wholly-owned subsidiary will support mergers and acquisitions...
China Development Bank, which was converted from a policy lender into a stockholding commercial bank in late 2008, on Wednesday opened a branch in Hong Kong, its first branch outside mainland China, the official Xinhua News Agency reported. Li Jiping, vice president of CDB, said in a press conference after the...
China Development Bank (CDB), which was converted from a policy lender into a stockholding commercial bank in late 2008, plans to establish a representative office in Rio de Janeiro, Brazil, said Sergio Cabral, the governor of the state of Rio de Janeiro, on Wednesday, the Wall Street Journal reported....
China Development Bank (CDB), which was converted from a policy lender into a stockholding commercial bank in late 2008, has obtained approval from the Hong Kong Monetary Authority (HKMA), Hong Kong's de facto central bank, to open a branch in the city, according to a statement released by the HKMA on Thursday....
China Development Bank (CDB) earned RMB 20.8 billion in net profit in 2008, a year-on-year decline of 28%, sources reported. The bank's non-performing loan ratio stood at 0.96% by the end of 2008, 0.37 percentage points higher than a year earlier, while the bank's capital adequacy ratio was 11.31%...
Ping An Insurance (Group) Co<601318><2318>, China's second-largest insurer, plans to acquire Shenzhen Development Bank Co Ltd<000001> through a share swap as part of its effort to expand its banking business, domestic media reported....
China Development Bank (CDB), one of China's three policy lenders, is likely to provide another loan to Brazil's state-owned oil firm, Petrobras, said Jose Sergio Gabrielli de Azevedo, CEO of the Brazilian oil company, on Thursday. Gabrielli said that the possible loan will be larger than the first loan and will be denominated in the...
HONG KONG, May 22 - State-owned Korea Development Bank is selling its stake in Doosan Heavy Industries & Construction Co. <034020.KS>, sources familiar with the matter said on Friday, moving to divest $450 million worth...
Shenzhen Development Bank Co Ltd<000001> is planning to issue up to RMB 1.5 billion in 15-year bonds on May 26, sources reported.The Chinese lender expects to boost its capital adequacy ratio through the bond offering.The coupon will be fixed after bookbuilding next Monday and the coupon rate will increase by...