Is Guangfa Guangdong Development Bank?

China guangfa bank co., ltd, formerly known as Guangdong development bank co., ltd, is called guangfa bank for short. Established in Guangzhou, Guangdong Province, China 1988, China Guangfa Bank is one of the first national joint-stock commercial banks established after the reform and opening up in China, with 936 business institutions and 48 branches directly under it in 26 provinces.