Company type | public |
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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. | |||||||
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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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Shenzhen Development Bank Co., Ltd. was a bank based in Shenzhen, Guangdong, China, listed on the Shenzhen Stock Exchange.
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.