Shenzhen Development Bank

Shenzhen Development Bank Co., Ltd. was a bank based in Shenzhen, Guangdong, China, listed on the Shenzhen Stock Exchange.

Shenzhen Development Bank

Company type	public
Traded as	SZSE: 000001
Industry	Financial services
Founded	22 December 1987 (1987-12-22)
Defunct	2012
Fate	reserve merger with Ping An Bank
Successor	Ping An Bank
Headquarters	Shenzhen , China
Area served	China
Key people	Xiao Suining (Chairman) Richard Jackson (President)
Services	Retail and corporate banking
Owner	Ping An Insurance (52.38%)
Parent	Ping An Insurance
Website	sdb.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

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.