China Development Bank
Shanghai Rural Commercial Bank will officially launch the first tranche of green bond of China Development Bank in 2019 which is the first green bond of sustainable development under Bond Connect scheme and also is the debut of sustainable development bond in the over-the-counter (OTC) market.
On November 12, 2019, with the support of China Central Depository & Clearing Co., Ltd. (CCDC), China Development Bank (CDB) issued a three-year sustainable development green financial bond to global investors by means of public bidding, with an interest rate of 3.1% and a bid-to-cover ratio of 3.76.
Recently, the Ministry of Commerce and the China Development Bank signed a memorandum of cooperation on promoting innovation and high-quality development in national economic and technological development zones.
The China Development Bank cooperates with WeBank to provide 2 billion yuan of “transfer loans” to small and micro enterprises.
On the afternoon of May 12, the Shenzhen Branch of the China Development Bank signed a contract with Shenzhen Qianhai WeBank Co., Ltd., and the two sides formally reached cooperation on supporting small and micro enterprise projects by means of loan transfer.