The China Development Bank (CDB) is a financial institution in the People's Republic of China under the direct jurisdiction of the State Council. It is the only bank in China whose governor is a full minister. The China Development Bank under the supervision of the central government is tasked with the development of socialist market economic system and to propel China's concerted and sustainable economic and social development. Total assets: US$ 995 billion (as of December 31, 2011).
China Development Bank provides lending, deposits, consulting and advisory services, cash management services, remittance and settlement services, and custody and guarantee services, debt issuance operations, treasury operations comprising money market transactions, foreign exchange transactions, bond market transactions, customer-based interest rate and foreign exchange derivative transactions, and liability management services.
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29 Fuchengmenwai Street, Xicheng District Beijing, 100037
86 10 6830 6688
86 10 6830 6699
ID: 1257. Updated: 05.02.2013
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