Shenzhen Development Bank
   HOME

TheInfoList



Click Here for Items Related To - Shenzhen Development Bank
OR:
Shenzhen Development Bank on:   [Wikipedia]   [Google]   [Amazon]

Shenzhen Development Bank Co., Ltd. was a bank based in
Shenzhen Shenzhen (; ; ; ), also historically known as Sham Chun, is a major sub-provincial city and one of the special economic zones of China. The city is located on the east bank of the Pearl River estuary on the central coast of southern province ...
,
Guangdong Guangdong (, ), alternatively romanized as Canton or Kwangtung, is a coastal province in South China on the north shore of the South China Sea. The capital of the province is Guangzhou. With a population of 126.01 million (as of 2020) ...
, China, listed on the
Shenzhen Stock Exchange The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the city of Shenzhen, in the People's Republic of China. It is one of three stock exchanges operating independently in Mainland China, the others being the Beijing Stock Excha ...
.
Ping An Insurance Ping An Insurance known also as Ping An of China (), full name Ping An Insurance (Group) Company of China, Ltd. is a Chinese holding conglomerate whose subsidiaries provide insurance, banking, asset management, financial, healthcare services. ...
bought the controlling stake in Shenzhen Development Bank in 2011, from
Newbridge Capital TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American investment company based in Fort Worth, Texas. The private equity firm is focused on leveraged buyouts and growth capital. TPG manages investment funds in growth c ...
(16.76%) and from the general public, as well as subscribing new share by injecting
Ping An Bank Ping An Bank Co., Ltd. is a Chinese joint-stock commercial bank with its headquarters in Shenzhen. It primarily operates in Mainland China with a representative branch in Hong Kong. The bank offers services in retail and corporate banking, includi ...
into Shenzhen Development Bank as its subsidiary. In 2012, the bank was reserved merger with Ping An Bank.


References


External links

* Companies formerly listed on the Shenzhen Stock Exchange Banks of China Companies based in Shenzhen Banks established in 1987 Chinese companies established in 1987 Banks disestablished in 2012 Chinese companies disestablished in 2012 {{China-company-stub