Shenzhen Development Bank
Shenzhen Development Bank Co., Ltd. was a bank based in Shenzhen, Guangdong, China, listed on the Shenzhen Stock Exchange.
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| Type | public |
|---|---|
| SZSE: 000001 | |
| Industry | Financial services |
| Founded | 22 December 1987 |
| Defunct | 2012 |
| Fate | reserve merger with Ping An Bank |
| Successor | Ping An Bank |
| Headquarters | , China |
Area served | China |
Key people |
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| Services | Retail and corporate banking |
| Owner | Ping An Insurance (52.38%) |
| Parent | Ping An Insurance |
| Website | sdb.com.cn |
| Shenzhen Development Bank Co., Ltd. | |||||||
|---|---|---|---|---|---|---|---|
| Simplified Chinese | 深圳发展银行股份有限公司 | ||||||
| Traditional Chinese | 深圳發展銀行股份有限公司 | ||||||
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| Shenzhen Development Bank | |||||||
| Simplified Chinese | 深圳发展银行 | ||||||
| Traditional Chinese | 深圳發展銀行 | ||||||
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Ping An Insurance bought the controlling stake in Shenzhen Development Bank in 2011, from Newbridge Capital (16.76%) and from the general public, as well as subscribing new share by injecting Ping An Bank into Shenzhen Development Bank as its subsidiary.[1]
In 2012, the bank was reserved merger with Ping An Bank.
References
- "2011 Annual Report" (PDF). Shenzhen Development Bank. archive of Shenzhen Stock Exchange. 9 March 2012. Retrieved 27 October 2016.
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