Shenzhen Development Bank

Xiao Suining (Chairman)
Richard Jackson (President)

ServicesRetail and corporate bankingOwnerPing An Insurance (52.38%)ParentPing An InsuranceWebsitesdb.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

Transcriptions
Standard Mandarin
Hanyu Pinyin	Shēnzhèn Fāzhǎn Yínháng Gǔfèn yǒuxiàn gōngsī

Shenzhen Development Bank

Simplified Chinese

深圳发展银行

Traditional Chinese

深圳發展銀行

Transcriptions
Standard Mandarin
Hanyu Pinyin	Shēnzhèn Fāzhǎn Yínháng

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.