China Development Bank

Headquarters: Beijing, China

Website

Additional Info

Type of bank
Development

Established
1994

Assets
2.295 trillion USD (2018) read more

Ownership
Ministry of Finance of the People's Republic of China (36.54%), Central Huijin Investment Ltd. (34.68%), Buttonwood Investment Holding Co., Ltd. (27.19%), National Council Social Security Fund (1.59%)

Mandate
Enhancing national competitiveness and improving people’s livelihood

Covid response

Summary
Providing accessible financing support to affected businesses through the provision of loans and loan guarantees.

Loans
SMMEs, Large Business, Government agencies

Debt Relief
Students

Advisory services
Worked with the Communist Party of China (CPC) and the People's Bank of China to help develop economic policy in response to the epidemic. Working to promote education and shape public opinion of the epidemic, including the publicization of the major decisions and deployments of the CPC Central Committee.

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