Guangdong Development Bank was established in September with the approval of the People's Bank of the State Council and China,1988; It is one of the earliest joint-stock banks in China. 20 1 1 was approved by the regulatory authorities on April 8; Guangdong Development Bank Co., Ltd. was changed to Guangfa Bank Co., Ltd.; China guangfa bank for short.
China guangfa bank co., ltd was established in September1988; The registered capital is RMB114.08 million yuan, and its headquarters is located at No.713 Dongfeng East Road, Yuexiu District, Guangzhou City, Guangdong Province, China. By the end of 20 1 1, the total assets of the whole bank were 9189.82 million yuan.
The business scope of Guangfa Bank is all banking business stipulated in the Commercial Banking Law, mainly including:
Absorb public deposits and issue short, medium and long-term loans; Handle settlement; Handle bill discount; Issuing financial bonds; Acting as an agent to issue, honor and underwrite government bonds; Buying and selling government bonds; Engage in interbank lending; Providing letter of credit services and guarantees; Acting for payment and insurance agency business; Provide safe deposit box service; Foreign exchange deposits; Foreign exchange loans; Foreign exchange remittance; Foreign currency exchange; International settlement; Settlement and sale of foreign exchange; Inter-bank foreign exchange lending; Acceptance and discount of foreign exchange bills; Foreign exchange loans; Foreign exchange guarantee; Issuing foreign exchange credit cards; Buying and selling foreign currency securities other than stocks and acting as an agent; Issuing and acting as an agent to issue foreign currency securities other than stocks; Self-operated and valet foreign exchange transactions; Acting as an agent for issuing and paying foreign credit cards; Offshore financial business; Credit investigation, consultation and witness business. Other businesses approved by the People's Bank of China and China Banking Regulatory Authority.