Results for sdb: 26

Shareholders of Shenzhen Development Bank (SDB) approved the sale of 370 to 585 million shares to Chinese insurer Ping An yesterday. The deal is worth 10.68 billion yuan ($1.56 billion) and the issued shares will have a lockup period of three years. SDB is a medium-sized lender with over 200 bran...

Shenzhen Development Bank Co Ltd (SDB)<000001> on Monday announced that it has secured approval from its shareholders for a private placement with Ping An Insurance (Group) Co<601318><2318>, China's second-largest insurance company....

Shenzhen Development Bank Co Ltd(SDB)<000001> plans to issue around 500 million new shares to Ping An Insurance (Group) Co<601318><2318>, China's second-largest insurer, to raise its capital adequacy ratio, sources reported.The new shares will be priced at RMB 22 apiece and will give Ping An a...

Shenzhen Development Bank (SDB)<000001>, saw its net profit for 2008 dive 77% to RMB 614 million (HK$698 million), compared with the RMB2.65 billion in 2007, thanks to loan provisions and write-offs amid the economic crisis, according to its annual financial report, which was released on Thursday....

Jan. 14, 2009 (China Knowledge) - Shenzhen Development Bank (SDB)<000001> estimated its net profit dropped to RMB 600 million in 2008, down 77% compared with that of the previous year, sources reported.According to the bank's...

Oct. 20, 2008 (China Knowledge) - Shenzhen Development Bank Co (SDB)<000001>, partly owned by the U.S. equity firm Newbridge Capital, announced it plans to float subordinate bonds worth up to RMB 1.5 billion on the...

Oct. 17, 2008 (China Knowledge) - Shenzhen Development Bank Co (SDB)<000001>, partly owned by the U.S. equity firm Newbridge Capital, said that its shareholders have approved the proposed plan to issue financing bonds worth up...

Sep. 29, 2008 (China Knowledge) - Shenzhen Development Bank Co (SDB)<000001>, partly owned by the U.S. equity firm Newbridge Capital, announced in a statement filed with the Shenzhen Stock Exchange on Friday that the company...

Sep. 9, 2008 (China Knowledge) - Shenzhen Development Bank Co (SDB)&lt;000001&gt;, the first Chinese bank to receive significant foreign investment, has launched international online banking services nationwide.SDB's international online banking syste...

Shenzhen Development Bank Co (SDB)<000001>, the first Chinese bank to receive significant foreign investment, announced on Wednesday that its net profits in the first half year jumped 91% to RMB 2.14 billion from RMB 1.12 billion in the same period last year, despite of negative impact caused by the tight lending policy and weak performance of the equity market.