CGB meaning in Business ?

Answer: What is China Guangfa Bank mean?

China Guangfa Bank (simplified Chinese: 广发银行; traditional Chinese: 廣發銀行; pinyin: Guǎng Fā Yínháng, abbr: CGB) is a commercial banking corporation headquartered in Guangzhou, People's Republic of China. The bank was established in September 1988 as Guangdong Development Bank (simplified Chinese: 广东发展银行; traditional Chinese: 廣東發展銀行; pinyin: Guǎngdōng Fāzhǎn Yínháng),. As CGB's largest shareholder, Citigroup has a 20% stake, while IBM holds 4.74%. China Life and State Grid each owns 20%, CITIC Trust, 12.85% and Puhua will hold the remaining 8% of the equity sold.

CGB offers a broad range of financial services including personal and corporate banking, asset management, wealth management, broker-dealer and advisory services, issuance services, and treasury services. It has more than 500 branches in mainland China, Hong Kong and Macau. Based in the Guangdong province bordering Hong Kong, GDB has assets of $265.8 billion (1.648 trillion RMB 2014-12-31 data) with its network expanded to include 34 branches, 661 business outlets, 114 Small Enterprises Banking Centers and 13 smart banks in 71 cities at prefecture level or above in 16 provinces (municipalities and autonomous regions). The Bank has over 9 million e-banking customers, over 27 million credit cards issued and correspondent bank partnerships with 1,687 bank headquarters and their branches in more than 128 countries and regions. It is the first financial institution to establish the strategic cooperation of multi-channel and multi-application e-payment with China UnionPay.

reference

Full Form	Category
Commonwealth Government Bond	Business
Certified Graduate Builder	Business
China Guangfa Bank	Business
Certification Governance Board	Business
Copper Gigabit	Computing
Computer Generated Boundary	Computing
Computer Generated Battle	Computing
Christopher Griffin Bradley	General
Center of Gravity Back	General
Christoph Grote Beverborg	General
Centre of gravity back	General
Commissie Gelijke Behandeling	General
Chorionic gonadotropin beta	General
Consolidated Grain and Barge	General
Canavanine Glycine Bromothymol	General
Circuit Group Blocking	General
Canavanine Glycine and Bromothymol	General
Cruise Grade Braking	General
Crime Gang Bang	Governmental
Central Gear Box	Governmental
Center for Genomics and Bioinformatics	Medical
Clinical Genetics Branch	Medical
Cuiaba, MT, Brazil	Regional
Conspicuous General British	Regional
Cottage Grove Baseball	Sports
Clinton Graceville Beardsley	Sports