China Development Bank

China Development Bank (CDB) was founded in 1994 as a policy financial institution under the direct leadership of the State Council of China. In 2015, the State Council positioned it as a development finance institution (DFI). It is mainly engaged in medium and long-term lending and investment to support the implementation of major strategies for medium and long-term development of China’s national economy. While operating primarily from China, the financial institution has officers in Egypt, Russia, Brazil, Venezuela, the UK, Laos, Kazakhstan, Belarus, Indonesia and Australia.