China guangfa bank was established in September 1988 with a registered capital of RMB114.08 million, and its headquarters is located at No.713, Dongfeng east road, Yuexiu district, Guangzhou, China. With the approval of the People's Bank of the State Council and China, Guangdong Development Bank, as a pilot bank for financial system reform in China, was established on the beautiful Pearl River and is one of the earliest joint-stock commercial banks in China.

By the end of June 2020, the total assets of Guangfa Bank were 28 1 trillion yuan, an increase of 6.84% compared with the beginning of 2020; The total liabilities were 2.59 trillion yuan, an increase of 7.02% compared with the beginning of 2020. In the first half of 2020, Guangfa Bank achieved an operating income of 40.907 billion yuan and a net profit of 6.486 billion yuan.

Guangfa Bank has set up 65,438+05 tier-one branches, 35 tier-two branches and 6 directly affiliated branches, as well as Macao branch and Hong Kong representative office, with more than 500 outlets, and established correspondent bank relations with 965,438+07 banks in 83 countries and regions around the world, initially forming a pattern of large-scale urbanized commercial banks.

According to the ranking of global 1000 big banks by the British "Banker" magazine, Guangdong Development Bank has been selected as one of the top 500 global banks for four consecutive years.