Caixin OnlineFinance & EconomicsTop Stories Finance Ultra Makeover for Former Policy Bank CDB
09.03.2010 19:16

Ultra Makeover for Former Policy Bank CDB

China Development Bank's Gao Jian says the institution is transitioning, but questions about its future remain
By staff reporter Zhang Yuzhe

Is there life after policy banking? An answer appears to be emerging at China Development Bank (CDB) as it makes the transition after years of government-backed policy lending.

CDB is being restructured as a commercial operation and, to that end, recently became the country's first commercial bank licensed to sell securities.

Gao Jian

CDB Finance Co. Ltd., a wholly owned investment arm established in August 2009, is concentrating on private equity (PE) funds, direct investments and investment consulting. It's also handling international industrial funds established by CDB banking offices.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
COMMENTS (0)
Sign up to receive our free daily newsletter

LATEST VIDEOS

Latest Issue
On the Cover:

Transparency Time

After securing clients in 170 countries, the telecom gear-maker Huawei is stepping out of the shadows


Issue 87
March, 2015

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
Transparency Time
After securing clients in 170 countries, the telecom gear-maker Huawei is stepping out of the shadows
Issue 87
03.01.2015

Subscribe       |       Newsletter        |        FAQ